Have you ever consider the fact on why Bored Apes NFTs are expensive?
source
First of all, what is a Bored Ape Yacht Club?
Bored apes were developed by Yuga Labs and Bored Ape Yacht Club (BAYC) is a collection of 10,000 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. Future areas and perks can be unlocked by the community through roadmap activation. Source
NFT and NFT collectibles
About now, everyone should already know what an NFT is because it has become popular that you can’t ignore anymore. So NFT or non-fungible can simply act as proof of ownership for any digital item to prove that the buyer is the owner of that particular item. NFT collectibles like Bored Ape Kennel Club (BACK) and Mutant Apes are extremely on the high price on the marketplace, like the Bored Ape Yacht Club (BAYC), the Mutant Ape Club (MAC) is similar but the difference is the mutant theme.
source
Owners or Holders of the Bored Ape Yacht Club (BAYC) NFTs usually receive airdrops on a random basis and it’s usually of a mutant serum vial. When we talk about collections of NFTs, the Bored Ape Kennel Club is one of them, where wallets containing Bored Ape would be able to mint a Club Dog NFTs. The success of the Bored Ape Yacht Club is from the focus of creating exclusive clubs behind NFTs collections and also through games like club benefits, mutant arcades, and other charitable acts, the Bored Ape Yacht Club has been keeping its hype and popularity alive.
The name or project NFT has really become so popular that it has started receiving backing from major names in the world. Names like Rolling Stone partnered with the Bored Ape Yacht Club in November to release about 2,500 limited editions of paper zines using Bored Apes as the front cover. Another big name is the Universal Music group, which is one of the biggest record labels in the music industry, also announced its own creation of Gorrilaz-style metaverse group which is called kingship, and the avatar is said to be Bored Apes yacht Club NFTs.
Why is BAYC special?
Just as the name suggests Bored Ape Yacht Club (BAYC), it’s said to be an exclusive club or society, and owning an NFT of the Bored Ape gives you access, making you a member of the club and the exclusive group server on discord, where other members socialize with each other. Part of what makes the Bored Ape yacht Club NFTs special is the traits it possesses, and there are 7 of them, which are the mouth, the fur, the hat, the background, the eyes, the clothes, and the earnings. Some are rare as they come, making or placing more value on them than others.
Also, large numbers of celebrities gradually own the Bored Ape NFTs, making them a member of the Bored Ape Yacht Club. Some popular celebrities that have become owners of the Bored Ape NFTs are; DJ Marshmello, Stephen Curry, Post Malone, Logan Paul, Shaquille O’Neal, Mark Cuban, and recently the newest celebrity to acquire one, Jimmy Fallon of The Tonight Show.
To purchase the Bored Ape NFTs, a trusted platform that is popularly known as the OpenSea, some are fixed price while some can be put up for auction.
Posted Using LeoFinance Beta