Bored Ape Yacht Club NFT Sold For 73 ETH

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The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum’s blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence.

What happened: Bored Ape #8583 just sold for 72.63 ETH ETH/USD ($114,198 USD). The value of Bored Apes is typically determined by the Ape’s attributes, with the laser eyes, crown, and golden fur traits being the most coveted.

Here are a list of its attributes and how many others have the same trait:

  • Mouth: Grin (713)
  • Hat: Fez (377)
  • Fur: Black (1,229)
  • Eyes: 3D (487)
  • Clothes: Biker Vest (253)
  • Earring: Silver Hoop (882)
  • Background: Purple (1,291)

Why it Matters: Bored Apes are the ultimate store of culture for NFT collectors. The NFT collection has gained huge influence in 2021, with an ever growing list of top tier celebrities making apes their profile pictures on Twitter. With the recent explosion in popularity surrounding the Metaverse, rare blockchain-based avatars are all the rage for those looking to flex online.

Being a member of the Bored Ape Yacht Club is not just about flexing online. Yuga Labs, the creators of the Bored Apes throw exclusive parties often with free private performances from members of the club such as Lil Baby. Other notable celebrities in the club include Post Malone, Stephen Curry, Dez Bryant, and Jimmy Kimmel.

Yuga Labs also created another NFT collection known as the Mutant Apes, which also provides membership to the elusive club. There are a total of 20,000 Mutant Apes, and the price floor is historically lower than the Bored Apes.

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Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.