Are Bored Apes a good investment?
Bored Apes are already worth a minimum of 101 Ether, or about $303,960, according to NFT exchange OpenSea. And through the airdrop, existing Bored Ape NFT owners essentially got an asset potentially worth tens of thousands to millions of dollars for free, minus any gas fees charged by the Ethereum network.
Bored Ape art is not only valuable because it serves as a digital identity—but also because of the accompanying commercial usage rights. Not only can Bored Ape owners re-sell the NFT for a profit, but they can also sell spinoff products based on the art.
Mutant Ape #1796 is one of the coolest Apes in the collection. It is currently owned by the user FragmentNFT and was sold for a staggering price of 335 ETH which is approximately $799,779 Dollars USD.
Mutant Ape Yacht Club tokens are NFTs that can be bought, sold, and stored.
Bored Ape Yacht Club makes money through the issuance of new digital artwork as well as via royalties from secondary sales and other transactions. As previously stated, Yuga Labs, the studio behind BAYC, had dropped two different sets of apes so far.
After being officially revealed just yesterday, ApeCoin (APE)—the Ethereum-based token for the growing Bored Ape Yacht Club ecosystem—is now flowing. Launched today for NFT holders to claim, some 93 million tokens have already been snagged. That's about $810 million worth.
Bored Ape Yacht Club #7090: $2,272,620
It established a new high for BAYC NFT, making Bored Ape #7090 one of the most expensive BAYC NFT ever sold. A whopping 303 percent or $1.69 million return in a month!
For instance out of 10,000 apes only 46 have solid gold fur, making these particularly valuable. Each NFT has traits which are ranked by rarity, making some more valuable than others. As noted, the "floor price" for the project -- what you'll pay for an ape with common traits -- is $420,000 (145 ether).
- Bored Ape #8817 – $3.4 Million.
- Bored Ape #8585 – $2.7 Million. ...
- Bored Ape #2087 – $2.3 Million. ...
- Bored Ape #1837 – $1.55 Million. ...
- Bored Ape #820 – $866,000. ...
- Bored Ape #6267 – $741,000. ...
- Bored Ape #6696 – $737,000. ...
- Bored Ape #1663 – $733,000. ...
The Mutant Ape Yacht Club is a collection of 20,000 Mutant Apes that were created by exposing a Bored Ape to a vial of Mutant Serum. MAYC is a project by Yuga labs.
What is the most expensive NFT ever sold?
1. Pak's 'The Merge' — $91.8m. Pak/Nifty The Merge was bought by 28,983 collectors for a total of almost $100m. Another Pak piece, The Merge officially became the most expensive NFT ever sold on December 2, 2021, with almost 30,000 collectors pitching together for a total cost of $91.8m.
The cheapest Mutant Ape available is over $100,000. Although Mutant Apes may be expensive for most individuals, if you are curious about how these assets are purchased, here is the process. Open an online account. MAYC NFTs are built on the Ethereum network.
At the start, Mutant ape yacht club mint price was fixed at 3 ETH. The price will go low very slowly over the span of 9 hours and will become 0.01 ETH.
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There are a variety of platforms and marketplaces where these NFTs can be sold and traded on, such as:
- OpenSea.
- Axie Marketplace.
- CryptoPunks.
- Rarible.
- SuperRare.
- Mintable.
There are a total of 20,000 Mutant Apes, exactly twice as many as there are Bored Apes — but they can only be created by giving an existing Bored Ape a vial of “Mutant Serum” or by minting one as part of a public sale.
A major appeal of Bored Apes is their use as avatars—many owners change their Twitter and WhatsApp and even LinkedIn display pictures to their apes. They draw less from the lo-fi early internet aesthetics of other NFT projects like CryptoPunks and more from comic books and Pokémon cards.
How BAYC Makes Money. BAYC makes money in several ways, but its primary source of revenue comes from minting apes as NFTs as well as via royalties from secondary sales and other transactions.
| Founded | 2021 |
|---|---|
| Area served | Global |
| Founder(s) | Greg Solano Wylie Aronow "No Sass" "Emperor Tomato Ketchup" |
| CEO | Nicole Muniz |
| Industry | Cryptocurrency |
ApeCoin (APE) is an ERC-20 token used within the APE ecosystem. ApeCoin is the ecosystem's governance token, allowing ApeCoin holders to participate in ApeCoin DAO. ApeCoin will also be used to access games, merchandise, events, and services.
ApeCoin, the cryptocurrency linked to the Bored Ape Yacht Club, has had a volatile morning. Once Elon Musk changed his Twitter profile picture to a collage of Bored Ape NFTs (though not the actual NFTs themselves), ApeCoin soared 19% on Wednesday and hit a 24-hour high of $17.46, according to CoinGecko.
Who owns ape coin?
The initial board consists of five high-profile crypto investors: Reddit co-founder Alexis Ohanian; Amy Wu, who leads the crypto exchange FTX's venture arm; Maaria Bajwa, of Sound Ventures; Animoca Brands' Yat Siu; and Dean Steinbeck of Horizen Labs.
(1) Bored Ape #7495–364.42 Rarity Score
Tools, this is the rarest Bored Ape in the collection. It has not been sold since it was minted in April of last year.
From buying and selling to creating, DJ Steve Aoki has a longer history with NFTs and Bored Apes than most celebrity ape owners. Other than BAYCs like #118, #1867, #3719, #4190, #5823, #8716, #9050, #9394, Mutant Ape #17438 and Mutant Ape #17439 in his NFT collection, he also owns CryptoPunks.
Holding the NFT can give you access to an exclusive Discord server with some celebrity owners, as well as free perks like additional NFTs or tokens from the BAYC ApeCoin launch this week. Bored Ape owners can also show off their NFT as their profile picture on Twitter with a Twitter Blue subscription.
BAYC #1584 is one of the 119 bubble gum apes (ape blowing a bubble gum) and has a rarity score of 111.99 out of 10,000, according to Rarity Tools. That implies it is relatively uncommon. The victim entered into a direct swap trade with the scammer via a third-party service called swapkiwi.
Key Takeaways. A Bored Ape Yacht Club NFT has sold for 1,080.69 Ethereum on LooksRare. The cheapest Bored Apes are now selling for 116.9 ETH, around $295,000. Justin Bieber is the latest superstar to "ape into" the red hot NFT collection.
The Mutant Ape Yacht Club is a collection of up to 20,000 Mutant Apes that can only be created by exposing an existing Bored Ape to a vial of Mutant Serum or by minting a Mutant Ape in the public sale, Which makes their demand only higher to obtain one of these.
Selling NFTs isn't easy money. Creating and then selling your digital work will incur Ethereum network and marketplace costs, and trading NFTs can be uncertain given the volatility in this young movement.
Non-fungible tokens, or NFTs, are becoming some of the most profitable blockchain-based experiments in history. High-profile influencers, like Twitter CEO Jack Dorsey, have recently made the news auctioning off NFTs.
It's legal to screenshot an NFT as long as you don't sell it somewhere else or pass it off as your own or post it online or wherever you want or make a physical copy. If you do this, then the owner of the NFT could sue you for copyright infringement, or you could face other criminal charges.
How do I get a NFT monkey?
Make your purchase.
Connect your wallet and locate the NFT you would like to purchase. If it has a “buy now” price, you can purchase it right then. If it has a bid, you can also bid on the ape and wait for the seller to accept. Once the trade has executed, the NFT will be stored in your wallet.
