Are to Looking to Buy BAYC? Bored Ape Yacht Club NFT (BAYC) are some of the most costly with petty dope and secretive plans ahead. The NFTs may not look something out of the ordinary at first glance, but they have multiple use cases. Even celebrities like Justin Beiber and Eminem have secured these NFTs. So, it’s evident that this project is doing something awe-inspiring.
On 18th March 2022, Bored Ape NFT acquired the rights for another project under the name Crypto Punks. Thus, a merger makes the whole project one of the most valuable NFT collections by market cap.
In this article, we will take you on an adventure through the BAYC NFT. We will discuss statistics, roadmap, price, price prediction, where to buy. Stay tuned
The Brief Overview Of Bored Ape Yacht Club NFT (BAYC)
|Bored Ape Yacht Club NFT items||10,000|
|Bored Ape Yacht Club NFT Floor price||90.00 ETH|
|BAYC Volume Traded||451.50 ETH|
(The above details stand valid as of 18th March 2022)
Bored Ape Yacht Club NFT – What’s The Hype About?
The BAYC collection consists of 10,000 unique-looking NFTs. Each Bored Ape provides its owner with membership in the club, enabling access to certain privileges that are only available to a restricted group of members.
On top of that, Bored Ape Yacht Club community members have the chance to get additional NFT airdrops. The members can attend the Real-life events and performers. It also allows you to monetize your Board Ape through a Copyright license, and you can build a brand around your NFT.
Furthermore, possessing a highly valued NFT, particularly well-known within a community, is analogous to purchasing a priceless picture. Its monetary worth is determined from the qualitative worth of what it represents and the one who owns it. And keep in mind that every Bored Ape NFT is one-of-a-kind because there will never be another one exactly like it again.
Bored Ape Yacht Club NFT: BAYC RoadMap & Utility Explained!
The BAYC NFT collection was made by four best friends who wanted to develop a Bored Ape Yacht Club NFT utility surrounding the project. The team has set forth a roadmap 1.0, and after completion of each sales target, they started working on the stated goal. But as soon as the NFTs were launched they sold out in a matter of days. So, the team has launched a roadmap 2.0
On Twitter, the Bored Ape Yacht Club team shared their route plan in the form of classic artwork. Island strips were arranged in a ring around the picture encircled by a flowing river. The river symbolizes the many phases of growth that BAYC plans to cover in the immediate and in the near future.
Next, we see a single male ape in a swamp boat toward a yacht brimming with further apes. According to this information on the drawing, the team is planning an Ape Festival for October 31st to November 6th, 2022.
Ape hands protrude from the earth, gripping a phone with the word ‘PLAY’ shown on the screen. The team has not yet provided a timeframe for this event. Mutant Apes will become a vital element of the future of the Bored Ape Yacht Club NFT utility. Probably the fascinating milestone on the roadmap is an impending Bored Apes against Mutant Apes mobile game.
The Trezor Hunt is one of the most anticipated BAYC-only accomplishments. The Trial of Jimmy, the Monkey, is another intriguing new element revealed in the roadmap. Jimmy was the focal point of the latest treasure hunt, which finished on September 14th.
Mutant Ape owners will also benefit from 3D versions of their avatars. While no release date has been given, 3D Apes is one of the most anticipated future additions to the collections. Possessing a 3D Mutant Ape enables holders to access virtual apps through their Ape avatar.
Finally, BAYC is developing a Play 2 Earn game that they want to publish after the Miami real-world meet-up. However, we have yet to see further specifics about it.
Bored Ape Yacht Club NFT Token
Image credits: boredapeyachtclub.com
The Bored Ape Yacht Club (BAYC) $APE token has been widely discussed on Twitter during the past week. The number of unique wallets which have ever held a BAYC token has progressively increased over the previous seven months, from 1,683 after the sell-out to 14,135 now.
The Bored Ape Yacht Club NFT benefits are many. The team has plans for those individuals who no longer own apes. Sending an unexpected bag of $APE would entice them to re-engage with the project — even more so if their early ape sale(s) alienated them from the brand.
Bored Ape Yacht Club NFT Rarity:
Bored Ape Yacht Club NFT rarity is based on their looks, creativity, and seven other traits and themes. The Bored Ape #7495 BAYC NFT, has a rarity ranked #1. The dagger in its mouth is its most remarkable attribute, which 49 other apes also possess. Additionally, it has unique characteristics such as a Cyborg eye, a Cross earring, and Dmt fur.
Bored Ape Yacht Club NFT Floor Price
According to the data available from Bored Ape Yacht NFT opensea on 17th March, the (BAYC) Bored Ape Yacht Club NFT Floor Price is 95.88 ETH, and the average selling price is 105.6 ETH, with 844.95 ETH of volume traded on that day.
The Bored Ape Yacht Club is fast expanding and has no plans to slow down. Eminem, one of the greatest rappers ever, acquired Bored Ape #9055 for 123.45 ETH, around $450,000.
Note: (Floor Price is As Of 17th March 2022)
BAYC: Bored Ape Yacht Club NFT Mint Price
Bored Apes is likely to be a Non-Fungible Token that provided the most disproportionate profits to its early investors. They were first issued in April 2021 and the BAYC- The Bored Ape Yacht Club NFT mint price was set at 0.08 ETH.
On 14th March 2022, the floor price on OpenSea is $77.99 ETH + gas fees, representing an approximately 100,000 percent increase in value since the beginning of this year.
Even though several apes have been sold for hefty prices, it seems that Bored Ape #3749. has sold for the highest money. It was purchased for 740 ETH, which was about $2.9 million at the acquisition time.
BAYC: Bored Ape Yacht Club Price Predictions 2022
So if we are to make a Bored Ape Yacht Club NFT price prediction, we will say that the Bored Apes BAYC community is set to grow in value with new associations and a restless crew. 2022 is anticipated to be an even more successful year for this collection. Therefore the price predictions for 2022 are on the higher side.
How To Buy Bored Ape Yacht Club NFT (BAYC)
Image credits: boredapeyachtclub.com
If you are thinking about how to buy Bored Ape Yacht Club NFT (BAYC)? Then, follow the below-mentioned steps:
Step 1: Setup An Exchange Account
In order to buy Bored Ape Yacht Club NFT, set up an account at crypto exchanges like Gemini, CoinsSmart, or any trusted exchanges.
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Step 2: Buy Ethereum
In centralized exchanges, provide your KYC for approval. After the KYC is approved, buy Ethereum with Fiat currency.
Step 3: Setup A Metamask Wallet
Metamask wallets are compatible with storing cryptocurrencies and NFTs. After setting up a Meta mask wallet, write down the seed phrase and do not share the seed phrase with anyone.
Step 4: Transfer Ethereum
After that, transfer your Ethereum from the crypto exchange to Metamask
Step 5: Connect Metamask Wallet To Marketplace
On Opensea, on the top right corner, select the wallet to connect option. Next, scan you can physically type the wallet address or scan the QR code. After that, your wallet is connected to Opensea.
Step 6: Buy BAYC NFT
On opensea, search for the BAYC – Bored Ape Yacht Club NFT you want to purchase. Submit an offer, or click purchase now. After successful transfer of funds from your wallet. The platform will credit your wallet with the NFT. Now enjoy and build a brand around it.
The Bored Ape Yacht Club has not yet announced any exact dates for its next endeavors. Nonetheless, roadmap 2.0 has unveiled many fascinating events in the next few years. Additionally, BAYC has a very thriving community, with over 1.4 million followers across multiple social media platforms. With acquiring another massive NFT brand, YUGA labs now control two of the NFT market’s most valuable IPs. It won’t be a surprise if this project pops up in the news very often.
Soumitra Sen has done his Bachelor of Engineering in Computer Science. An avid reader and a tech enthusiast. He first stumbled into Web 3.0 during the bitcoin bull run of 2017. Soumitra channels his passion for reading and upcoming technologies into content writing for Web3.0 projects. At present, he is very bullish about a decentralized future and has collaborated with multiple crypto youtube channels and NFT aggregators