What is a Bored Ape NFT???
Bored ape is a NFT collection on Ethereum blockchain.The collection of 10000 algorithms generated profile picture of Cartoon ape nft.This nft Derived from 172 unique assets.The bored ape yacht club NFT project launched by Yoga Labs company.
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| BORED APE YACHT CLUB |
These is Not a just avatar nft but you can access premium membership of bored ape yacht club ecosystem.this NFT project launched on April 23 2021 by Yuga Labs.
Bored Ape only - 10,094 tokens
Mutant Ape only - 2,042 tokens
Bored Ape + Kennel Club - 10,950 tokens
(token IDs do not need to match)
Mutant Ape + Kennel Club - 2,898 tokens
(token IDs do not need to match)
Why This collection become popular and most expensive?
The bored ape nft launched by pre-sell price was 0.08 Ether($190as of launched time) on April 2021.as of 2022 the total sale of bored ape nft over $1 billion USD. Currently Cheapest Bored Ape price of bored ape nft is 99.69 ether.
Yuga Labs hired artists, social media managers, Discord community managers, and a CFO after bored ape yacht club so popular.This Yuga Labs also launched many more project like Mutant Ape Yacht club,Mutant Serum, Bored Ape Kennel Club, so more users add to Yuga Labs ecosystem.
Also crypto punk collection was acquired by Yuga Labs recently.so Yuga Labs launched its metaverse as a collaboration with Animoca Brands called "Otherside" .Also NFT collection feature in the music video for Eminem and Snoop Dogg's song.
Bored ape yacht club controversy and big Events.
Bored ape yacht club is popular so celebrities also become collector like Madonna buy ape nft #4988 for 180 Ether (around $571,206 dollars as of March 14 2022).And The legendary Detroit rapper Eminem become collector.
He purchased one of the bored Apes NFT for 123.45 ETH ($452,000) also many Big celebrities are become collector like Justin Bieber ownes BAYC #3001, Jimmy Fallon ownes BAYC #599 ,Neymar Jr. BAYC ownes 6633 etc.
So This NFT project become so popular then negative effects are add to project ,as per news nft collector Todd Kramer owner of bored ape nft #16 worth around $2.2million dollar was hacked.some small mistake loss your big money like someone accidentally sold bored ape nft for $3k USD but actual value is around $300K USD .
The future of bored ape yacht club NFT collection.
This is not normal PFP art but huge ecosystem of Yuga Labs. Now Yuga Labs has so many Big celebrities and influencer means positive future of NFT collection.Bored ape yacht club has 1 million followers reach soon on Twitter.
Imagine that possibility of Web3 Company in NFT space. recently Adidas bought one in September 2021. In future web 3 is future of internet my point of view.
The bored ape yacht club Enter into metaverse so waiting for more gain on project's ecosystem.Bored Ape Yacht Club a good investment.
(Disclaimer : Only educational purposes)
💡 (FAQs)💡
1.Who is the CEO of Bored Ape Yacht Club?
Ans. Jimmy McNelis is CEO of Yuga Labs.
2. Is NFT losing money?
Ans.Major NFT collections' prices have plummeted, with some of the more popular ones losing over 50% over the past month amid widespread risk asset sell-offs as investors fret over hot inflation, indications of a cooling economy, and the Federal Reserve's tightening of monetary policy.
3. is Bored Ape Yacht Club a good investment?
Ans. Depends on your risks profile.what do you want to invest safely or risks.
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