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What Is Bored Ape Yacht Club? (Question)

The project’s name, Bored Ape Yacht Club, represents a club for people who got rich quick by “aping in” — crypto slang for investing big in something unsure — and, thusly, are too bored to do anything but create memes and debate about analytics.

  • The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board.

What is bored ape?

The Bored Ape Yacht Club is a collection of 10,000 Non-Fungible Tokens (NFTs) styled as Apes created on the Ethereum blockchain. It takes inspiration from NFT projects like CryptoPunks, where each NFT looks totally unique and individual.

How much does a bored ape cost?

One of the most successful collections in the nonfungible token space, BAYC launched in April and consists of 10,000 Bored Apes. Right now the cheapest you can buy one for is 49 ether — $208,000. They often sell for much more.

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What is the rarest bored ape?

A Bored Ape Yacht Club NFT with the highly sought-after ‘Solid Gold’ fur trait has sold for an incredible 675 ETH ($2.86m) today as collectors continue to snap up the most desirable apes on the market.

How much is a bored ape NFT?

The price of a Bored Ape Yacht Club NFT has rocketed to a 50 ETH ($207k) minimum following a surge of interest and purchases in the incredibly popular collection.

When did bored ape Yacht Club start?

Bored Ape Yacht Club — founded by Yuga Labs in April 2021 and comprised of unique cartoon ape drawings minted on the blockchain — is one of the most successful NFT projects to date, having already amassed over $1 billion in trading since its inception just seven months ago.

When did bored apes come out?

Launched by developer Yuga Labs in April 2021, the Bored Ape Yacht Club is a collection of 10,000 profile pictures of disinterested-looking apes with randomly-generated traits (fur, eyes, mouth, background color) and accessories (clothes, earrings, hats).

What was bored ape Yacht Club Mint price?

The Baby Ape’s launched on Nov. 15 with a mint price at 0.02 Ether ($94) and they take after the likeness of the original BAYC project. The current volumes and average sale price at $2,200 are clear signs that the project is popular among collectors, flippers and speculators.

How fast did bored ape Yacht Club sell out?

If you think that NFT madness is dying any soon, then think again. Recently about 10000 Bored Ape from Yacht Club NFTs sold at Sotheby’s for $96 million in a single hour. A further 10,000 jars of mutant serum were given as an airdrop.

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How much did bored ape Yacht Club sell for?

A rare Bored Ape Yach Club NFT has sold at auction for a record $3.4 million USD. Bored Ape Yacht Club #8817, one of 10,000 unique cartoon apes on the Ethereum blockchain, sold at Sotheby’s Natively Digital 1.2: The Collectors auction on Tuesday.

Why is bored ape famous?

The Bored Ape Yacht Club has taken over. Once a small endeavor started by four friends in April 2021, to date, BAYC has achieved hundreds of millions of dollars in sales volume, in turn helping bring non-fungibles into the mainstream and becoming one of the most popular brands in NFTs.

What is the cheapest bored ape?

Right now the cheapest you can buy one for is 49 ether — $231,000. They often sell for much more. The team behind the collection just signed a deal to collaborate with Adidas, and one ape from the Club last month graced the cover of Rolling Stone Magazine. 3

What is the most expensive bored ape?

A few weeks later, another Sotheby’s sale set a new auction record for the most-valuable single Bored Ape ever sold: Ape number 8,817 went for $3.4 million.

What are NFTs used for?

NFTs are “one-of-a -kind” assets in the digital world that can be bought and sold like any other piece of property, but which have no tangible form of their own. The digital tokens can be thought of as certificates of ownership for virtual or physical assets.

Are bored apes a good investment?

The Bored Ape Yacht Club is an excellent investment. Several reasons, like its unique pieces of boring artwork and its limited supply, make it a worthy investment.

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What is bored ape NFT?

In a nutshell, Bored Apes are, well, bored — so they need companionship. Enter the Bored Ape Kennel Club, a set of 10,000 dog NFTs that were free for every BAYC member. Like Bored Apes and Mutant Apes, BAYC dogs come with randomly generated traits, including rare gold fur.

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