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There are 10,000 NFTs in the Bored Ape Yacht Club collection. Here are three examples. The middle one is owned by Jimmy Fallon.
Yuga Labs
What do Eminem, Jimmy Fallon, Steph Curry and Snoop Dogg all have in common? They're all members of the Bored Ape Yacht Club, a prestigious collection of 10,000 ape avatar NFTs with different traits and attributes. You can see three Bored Ape Yacht Club NFTs above -- that middle one with the captain's hat is Jimmy Fallon's.
And what makes BAYC "prestigious"? Well, right now the minimum cost of entry is 71 ether. That's about $267,000.
If you spend any amount of time online, particularly Twitter, you've probably already seen a Bored Ape Yacht Club NFT. These act as both avatars and tickets to an online social club. Having launched in April for 0.08 ether each (about $190), owners of BAYC are either crypto-savvy enough to be early to the NFT boom or wealthy enough to buy in now that the collection has acquired cultural weight.
Beyond the celebrities that are buying in, Bored Ape Yacht Club is increasingly becoming an off-chain brand. (That is, a brand that exists outside of the blockchain.) Adidas , a mobile game is in the works and one ape from the Club last year .
Name my ape! Drop your suggestions below