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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.
- Wait, What Are NFTS Again?
- Why Are There 10,000 Bored Apes?
- What Makes Bored Ape Yacht Club Valuable?
- Who's Behind The Bored Ape Yacht Club?
- What's Next?
NFT is short for nonfungible token. These are tokens verify ownership on the blockchain. In essence, an NFT is like a certificate of authenticity for a fancy watch or the deed to a house. It certifies that the digital asset -- in this case a cartoon picture of an ape -- is legitimate, and denotes who the owner is. The most ubiquitous criticism of N...
Broadly speaking, there are two types of NFT art. First, you have one-off visuals that are sold as non-fungible tokens, just like paintings in real life. Think the Beeple NFTsthat were sold at Christie's for as high as $69 million. Second, you have NFT collections like the Bored Ape Yacht Club, which are mostly designed to be used as profile pictur...
This is a complicated question. The short answer is that they're status symbols, and like all status symbols their value comes from perception and branding rather than utility. Just like a CEO may try to communicate business acumen with a Rolex or a luxury suit, people who trade NFTs display their success with a Bored Ape Yacht Club NFT. Their argu...
The Bored Ape Yacht Club was developed by Yuga Labs. At the time, Yuga Labs consisted of four people, all of whom went by pseudonyms. There's Gordon Goner and Gargamel, who are the two co-founders, and two friends who helped on the development side, No Sass and Emperor Tomato Ketchup. All four went exclusively by their pseudonyms until February, wh...
Yuga Labs has big plans for its Bored Ape Yacht Club brand, plans that are both on- and offchain. (That is, both on the blockchain and in the real world.) Start with more blockchain stuff. In March, Yuga Labs released Ape Coin, its own cryptocurrency. All Bored Ape holders were airdropped just over 10,000 Ape Coins at launch, worth around $100,000 ...
Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.
Jun 26, 2022 · Buying a Bored Ape Yacht Club NFT grants access to the titular “club” of sorts, and membership has benefits. Thinking about “aping in” and buying one? Here’s what you need to know about the Bored Ape Yacht Club, Mutant Ape Yacht Club, and Bored Ape Kennel Club, and how to buy them.
Nov 1, 2021 · Bored Ape Yacht Club took over the internet by making NFTs of grungy simians that are both viral images and tickets to a new lifestyle.
- Samantha Hissong
Mar 18, 2022 · The Bored Ape Yacht Club (BAYC) is arguably the most influential NFT project in the world. For nearly a year, it remained second to CryptoPunks in the race for the world’s most successful collection. But as the start of 2022 came and went, the price of BAYC NFTs soared.
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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.
