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. [1]

What is a bored ape NFT?

[13] [14] Bored Ape NFTs owners are considered in possession of "a unique unit of data recorded in a digital blockchain, which permanently records its provenance or sales history." [14] The collection exists on the Ethereum blockchain and contains 10,000 unique NFTs derived from 172 unique assets. [15]

What does Timbaland do with bored ape Yacht Club?

"Timbaland Unites With Bored Ape Yacht Club Owners to Form Artist-Owned Ape-In Productions". Variety. Penske Media Corporation. Archived from the original on 22 April 2022. Retrieved 21 June 2022. ^ a b c Lee, Isabelle (January 4, 2022). "Sales of Bored Ape Yacht Club NFTs jump past $1 billion amid heightened interest from celebrity collectors".

How much is the bored ape worth?

This Ape isn’t considered very rare, but fans say it’s worth the price because of its “flawless” aesthetic. Valued at about $1.65 million, Bored Ape #9361 is the fifth-most expensive Ape on the internet. The wildly expensive design is super trippy, and a lot of its traits are exceptionally rare.