Bored Ape Yacht Club (BAYC) is one of the most popular NFT collections on the market. It includes over 10,000 digital arts, also called ape avatars. The tokens are built according to the ERC-721 standard of the Ethereum network, so they are sold for ETH. Literally, the name of the BAYC collection can be translated as "a bored monkey yacht club". As part of the collection, the authors created art with primates in different styles. The collection was created by Yuga Labs, headquartered in the US state of Virginia. The artists, they say, were inspired by the Planet of the Apes franchise, based on the novel of the same name by French writer Pierre Boulle.
The collection was presented at the end of April 2021. As of the time of writing, all art is sold out. You can find offers for resale in the secondary market.
Bored monkey sales story
In early September 2021, the artists managed to raise $24.4 million for a collection of 107 monkey avatars. They were sold at Sotheby’s.
The most expensive token was Bored Ape #3749. It was sold on September 6, 2021 for 740 ETH (about $2.92 million at the time of purchase). The top most expensive art from the BAYC collection also includes the following:
- #8585. It was sold at the end of October 2021 for 696,969 ETH (about $2.7 million at the time of purchase).
- #2087. It was bought on September 30, 2021 for 769 ETH (about $2.27 million at the time of purchase).
- #5199. The token was sold on October 14, 2021 for 425 ETH (about $1.59 million at the time of purchase).
Members of the crypto community attribute the popularity of Bored Ape Yacht Club to a wide variety of art styles. All purchasers of NFT Monkeys receive lifetime access to a secret club that exclusively includes BAYC token holders. The opportunity to join the "bored monkey" club, among other things, attracts many celebrities. For example, the popular basketball player Stephen Curry has a token from the BAYC collection. He paid $180,000 for the NFT.
Emphasis on diversity
Interest in BAYC has become an occasion for developers to think about the release of new collections. One of them was dedicated to mutants. The series quickly became popular. Today, her characters have moved out of the digital world into the real world. They, for example, can be found on street graffiti. To stir up interest in the Bored Ape Yacht Club, the developers periodically come up with contests. Many of them allow you to win valuable prizes. NFT tokens with monkeys are not only at Yuga Labs. Many other artists also successfully use animals in their art. For example, in early October 2021, NFT Solana Monkey Solana platforms were sold for $2 million.
In order to continue to surprise the audience, the Yuga Labs team is simultaneously creating alternative NFT collections. One of these was the Bored Ape Kennel Club (BAKC), or "bored monkey kennel club."
NFT from Yuga Labs' BAKC collection
The Bored Ape Kennel Club collection consists of 10,000 stylized dog tokens. Each of the members of the Bored Ape Yacht Club got access to the NFT with dogs (the developers gave out one "dog" for each of the "bored monkeys"). When BAKC entered the secondary market, artists collected 2.5% of each token sale for six weeks and transferred the proceeds to animal shelters.
How to buy a token from Bored Ape Yacht Club
On the project website, the developers draw attention to the fact that the primary collection is sold out. For those wishing to purchase a BAYC monkey, the Yuga Labs team advises to follow the offers on the popular OpenSea NFT marketplace. At the same time, you can also get tokens for free. To do this, you need to follow the shares of large companies. For example, in October 2021, the popular crypto exchange Coinbase announced its intention to raffle off an NFT token from the Bored Ape Yacht Club collection.
