What Is Bored Ape Yacht Club [BAYC]?
Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique NFTs on the Ethereum blockchain. Owners of a Bored Ape NFT gain access to a private online club, exclusive in-person events, and intellectual property rights for the image. Bored Ape Yacht Club NFTs sales have surpassed US$1 billion, with notable celebrities among the buyers.
Background
The Bored Ape Yacht Club project launched with a live pre-sale on April 23, 2021, following its initial minting on April 20, 2021. The parent company of Bored Ape Yacht Club is Yuga Labs.
How It Works
By owning a Bored Ape NFT, individuals become members of the private online club, gain entry to exclusive in-person events, and hold intellectual property rights for the image associated with their NFT.
Key Takeaways
- Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique NFTs on the Ethereum blockchain.
- Owners of a Bored Ape NFT gain access to a private online club, exclusive in-person events, and intellectual property rights for the image.
- Bored Ape Yacht Club NFTs sales have surpassed US$1 billion, with notable celebrities among the buyers.
