BAYC is a collection of ERC-721 NFTs that depict 2D portraits of Apes. Each of the 10,000 Bored Apes is unique and was generated with various traits that offer permutations of clothes, eyes, fur, etc. Bored Apes doubles as a Yacht Club membership card and grants access to members-only benefits.
Who Are the Founders of Bored Ape Yacht Club?
Yuga Labs LLC made the Bored Ape Yacht Club in May of 2021. Yuga Labs & BAYC were both created by four friends who set out to make some dope apes, test out skills, and build something (ridiculous).
What Are the Perks of Owning Bored Ape Yacht Club?
The first perk is access to THE BATHROOM, a collaborative graffiti board where users can connect with other holders. Each ape-holder will be able to paint a pixel on the bathroom wall every fifteen minutes. Think of it as a collaborative art experiment for the crypto sphere. In August of 2021, months after the BAYC collection sold out, eligible holders received a free airdrop of Bored Ape Chemistry Club mutant serums grade 1-3. A BAYC holder must have one of their Apes consume a mutant serum through an application on the official website to mint a Mutant Ape Yacht Club NFT.
What is Bored Ape Yacht Club worth?
Bored Ape Yacht Club is worth $1.8B by market cap.