Bored Ape Yacht Club burst onto the scene in April 2021 with a collection of 10,000 non-fungible token (NFT) avatars minted on the Ethereum blockchain. The Apes attracted high-profile celebrities and rode the crest of a crypto wave. Since then, their founding collection has sky-rocketed to the moon, with the current floor price for a Bored Ape NFT 98.5 ETH ($200k) and the total trading volume surpassing $1 billion on Opensea.
With Bored Apes infiltrating the world of Web3 and beyond, let’s explore what everyone needs to know about this extraordinary project.
Despite a volatile crypto market, Bored Ape Yacht Club (BAYC), a brand created by Yuga Labs, remains as relevant as ever. The journey of the Bored Apes has been remarkable and the feats that they’ve accomplished in the NFT space demand respect. Following the success of the Bored Apes, Yuga Labs has since launched two more two spin-off NFT collections, Bored Ape Kennel Club and Mutant Ape Yacht Club.