What are the bored apes?

The Bored Apes are 10,000 programmatically generated NFTs. Once the founders decided on the final ape art they created different backgrounds, clothes, earrings, eyes, fur, hats and mouths. These were then fed into algorithm to generate each unique ape. Each Bored Ape NFT serves as a membership card.

What is bored ape Yacht Club?

Bored Ape Yacht Club, often colloquially called Bored Apes, Bored Ape or BAYC, is a non-fungible token (NFT) collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club is Yuga Labs.

Is Adidas going for a 'bored ape'?

Back to Adidas, and the acquisition of a Bored Ape is an efficient way to announce its presence in the metaverse and further brand itself as “cool and trendy”, which seems to be what Adidas is going for.

What happened to bored apes & meebits in 2022?

On March 11, 2022 Bored Apes creator Yuga Labs announced that it had acquired two other mega-popular NFT brands, CryptoPunks and MeeBits, making it even more of a juggernaut in the space. Quick recap: What’s an NFT again? An NFT happens when someone creates or “mints” a 100% unique line item on the blockchain, usually Ethereum.