'What is the Bored Ape Yacht Club and Why the NFTs are so Popular' by CryptoniteTweet nfttopstory nft
The Bored Ape Yacht Club is a collection of 10,000 ape NFT's on the Ethereum blockchain. Each Bored Ape has unique traits, with some traits being rarer than others.The founders of BAYC are known as Gargamel, Gordon Goner, Emperor Tomato Ketchup, and No Sass.
Bored Ape Yacht Club owners profited massively from NFT airdrops, especially the Mutant Ape Yacht Club.for Bored Ape owners. The announcement was made on Twitter and Discord.transform their Bored ApesOnce ingested, the Mutant Serum is burned and the user receives a Mutant Ape in return. There are 3 tiers of serums, M1, M2 and M3.
Whilst these dogs were free to claim, the current floor price for a Bored Ape Kennel Club dog is 8.85 ETH or $28,000 at current ETH prices.Bored Ape Yahct Club experienced exponential growth in only a few months. Bored Apes were minted at a price of 0.08 ETH each in April 2021. The high price tag for a Bored Ape is one of the reasons why it has attracted so much attention from the media, celebrities and institutional investors.
Bored Apes are like digital Rolexes, allowing owners to show off their wealth and social status through ownership. Bored Apes had a mint price of 0.08 ETH the 29th of April 2021. Since the price of ETH on that day was in the $2,700 range, we can assume it cost around $210 - $220 to mint a Bored Ape.
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