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Home NFT

Bored Ape Yacht Club: The popular NFT collection explained

admincrypto by admincrypto
November 20, 2021
in NFT
Bored Ape Yacht Club: The popular NFT collection explained
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There are 10,000 NFTs in the Bored Ape Yacht Club collection. Here are three examples. The middle one is owned by Jimmy Fallon.

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Yuga Labs

Consciously or not, you’ve probably seen a Bored Ape Yacht Club NFT around. That’s especially true if you’re on Twitter, where owners of Bored Ape Yacht Club NFTs flaunt their prizes by using them as profile photos. And these owners aren’t just anyone: They include Steph Curry, Post Malone and, most recently, Jimmy Fallon. See what ape above with the striped T-shirt? That’s Fallon’s.

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. 

Like everything else to do with NFTs, the Bored Ape Yacht Club is contentious. Ape owners inspire jealousy among those who own and trade NFT art but confusion and suspicion among people who don’t. Some of its success is about the art, but most of it isn’t. Here’s what you need to know about the collection.

Entertain your brain with the coolest news from streaming to superheroes, memes to video games.

There are 10,000?

Broadly speaking, there are two types of NFT art. First, you have one-off visual art pieces that are sold as NFTs, just like paintings in real life. Think the Beeple NFTs that were sold at Christie’s auctions…

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