Bored Ape #2153 Just Sold For $527,266 In ETH and no, not in bananas!
The value of Bored Apes is typically determined by the Ape’s attributes, with the laser eyes, crown, and golden fur traits being the most coveted.
As it sits, Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online.
Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Jimmy Kimmel.
The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence.
Last year in March 2022 Yuga Labs, the owner of three of the biggest NFT brands on the market, raised $450 million in funding at a $4 billion valuation, the company announced back in March 2022. The team behind Bored Ape Yacht Club plans to use the money to build a media empire around NFTs, starting with games and its own metaverse project.