The market of non-fungible tokens (NFT) constantly pleases the participants of crypto-societies, it provides various interesting and unusual projects. It is filled with many unique designs and also has high prices for certain digital art pieces. And it is worth highlighting the unique project Bored Ape Yacht Club. And before you start using it, you should consider the main features and characteristics.
What is the Bored Ape Yacht Club
Bored Ape Yacht Club is an NFT platform that is in high demand in the collections market. It includes no less than 10 thousand digital art, they also have another name for monkey avatars (ape avatars). Tokens are built in accordance with the ERC-721 standard of the Ethereum network. And they are sold for ETH.
If you translate the name word for word, it turns out like “bored monkey yacht club.” The authors were able to create unusual art projects with bored monkeys in different styles.
Developed by Yuga Labs Corporation. Its headquarters are located in the US state of Virginia. And the artists used the Planet of the Apes franchise as inspiration, and it was based on a novel by writer Pierre Boulle.
The collection was presented at the end of April 2021. And at this time, almost all of the art is sold out. But the aftermarket can sometimes offer original designs, but these are usually resold at high prices.
The Bored Ape Yacht Club platform, as its name suggests, is classified as an exclusive membership or social organization. And to access this membership, you need an NFT. Thanks to him, users have the opportunity to use the unique Discord server, where many celebrities often communicate.
- Availability of unique collectibles;
- Ability to resell art at better prices;
- Free Mutant Serum NFTs available;
- There are over 30 thousand members on the Discord server, divided into fans and NFT owners.
Art by Bored Ape Yacht Club available in the aftermarket. They can be purchased on the renowned OpenSea platform. On it you can see the pages of any project, explore the available collections, prices and other necessary information. The platform provides an overview of similar yacht clubs.
Some collections can be put up for sale at a fixed price, while others can be put up for auction. And to make a purchase you need an Ethereum wallet like MetaMask. And there must be enough ETH on it to cover the price and transaction fees.