Yes, you heard it right. As the Bored Ape Yacht Club NFT collection grows in popularity among celebrities and athletes alike, so does the number of those who possess one. Because of all the publicity surrounding NFTs, the Bored Ape Yacht Club has seen an influx of A-listers (BAYC). According to the numbers, the Bored Apes are the most popular collection of NFTs. It is accompanied by the Mutant Apes and CryptoPunks collections.
According to statistics from CryptoSlam, the trading volume of Bored Ape NFTs has already exceeded $700 million. In addition, athletes, entertainers, and others are increasingly using them as their Twitter NFT avatars. Purchasing a Bored Ape Yacht Club NFT entitles you to membership in the eponymous “club,” which comes with perks.
The specialty behind bored ape yatch club NFT
The Bored Ape Yacht Club, as its name implies, is a private social club, and membership is granted to those who possess one of the coveted NFTs. More than $1 billion in cumulative sales have been produced by the Yuga Labs-created Bored Ape Yacht Club (BAYC), a renowned compilation of 10,000 individual bored apes.
Users may get access to a special Discord server, for example, where other owners—including celebrities—chat and hang out together. Social media has become a gathering place for apes, where their avatars have formed a virtual fraternity.
Possessing a Bored Ape NFT also gives you access to other NFT items, which you can resell for significant sums of money. A free Bored Ape Kennel Club dog NFT was originally made available to all Bored Ape users by Yuga Labs, and subsequently, a free “mutant serum” NFT was provided, which created a Mutant Ape Yacht Club picture. Paying a one-time cost for NFTs and benefits is similar to subscribing to a monthly subscription plan for NFTs and other benefits.
What is it about BAYC that makes it so valuable?
In order to get into the game, you will need to pay a minimum of 52 ether, or around $210,000. Moreover, there are just 10,000 of them available. The fixed supply becomes more valuable as more and more prominent individuals buy in.
At Bored Ape Yacht Club NFTs are all over Twitter and other social media platforms. You may even get a chance to see them. It’s like they are both avatars and tickets to a social club in the virtual world. At an initial price of 0.8 ether ($190), the BAYC collection was available to those who were early adopters of the NFT boom or rich enough to take advantage of the collection’s growing cultural cachet.
Top famous people who own BAYC NFT
- Jimmy Fallon
Jimmy Fallon, star of The Tonight Show, has just joined the Bored Ape Yacht Club in New York City. In addition to these, the other significant characteristics of Fallon’s ape include; blue background (12% of apes), heart sunglasses (4%), navy striped tee (3%), the Sea Captain’s hat (3%) and cream fur (6%).
- Neymar Jr.
With Ape #6633, Neymar Jr. of Paris Saint-Germain became a member of the Bored Ape Yacht Club. He paid $400,000 for his monkey, which was 160 ether at the time.
- Paris Hilton
Paris Hilton has become a member of the Bored Ape Yacht Club with ape number 294. She just appeared on Jimmy Fallon’s Tonight Show to chat about her new purchase and show off her NFT.
- Snoop Dogg
Among his many NFT possessions are a complete BAYC, MAYC (M1 and M2), and a Bored Ape Kennel Club set.In addition to CryptoPunks, Artblocks, XCOPY, and many other high-value NFT tokens, Snoop Dogg is also known as Cozomomedici on Twitter.
- Von Miller
Von Miller, a linebacker for the Los Angeles Rams, paid 25 Ethereum for Bored Ape #4733. Miller’s Ape has white fur, robot eyes, and a cowboy hat, among other distinguishing features. Dez Bryant, an NFL player, gave APE # 1432 to Miller, which he now owns.
- The Chainsmokers
A Bored Ape Yacht Club NFT was one of the first celebrity purchases made by American DJ duo The Chainsmokers. The Duo acquired this Cheetah Fur-Bored Ape for 55 ether, and they use it as their Twitter profile photo. At the time of this writing, the artists paid 55 Ethereum, or around $225,000, for their Bored Ape.
- Adam Draper
He is the Managing Director of Boost VC, a venture capital firm. It was acquired by Adam Draper, and he now uses it as his Twitter profile photo. Recently, he tweeted his support for the Bored Apes community by saying he wanted to sponsor the creators of the site. Over $200,000 in USD was paid for Draper’s Ape, which equates to 54 Ethereum.
- Steve Aoki
CryptoPunk and the Bored Ape Yacht Club are two of EDM musician Steve Aoki’s NFTs. He has also launched his own NFT collection and has been a part of the NFT community longer than other famous apes. Aoki paid 49 ETH for BAYC #8716. Aoki’s ape has the aforementioned eyes, as well as a lumberjack shirt and a fisherman’s cap, all of which stand out.
DJ Marshmello, a well-known name in electronic dance music, was an early user of NFT technology. Not only does he have a CryptoPunk and a Bored Ape, but he’s also made a number of NFT collections for his followers. Marshmello shelled out 75 ether for a rare ape. Among his ape’s distinguishing features are 3D spectacles, an array of smile colors, and a skull and bones T-shirt.
- Eminem’s / Eminem
Marshall Mathers, a Detroit native, is the only rapper to achieve platinum status in four different decades. Even Em couldn’t resist picking up a bored ape, which is impossible to overstate. Ape was bought from Twitter user @Gee Gazza, who had openly hoped that Marshall would one day be the owner. It became a reality when Em bought it from him at the beginning of 2022 for a pittance of 123.45 ETH, which was worth over $400,000 at the time.
- Justin Bieber
On the 29th of January, Justin Bieber, the international music phenomenon, aped in with Bored Ape #3001 for a whopping 500 ETH ($1.3 million). Crypto influencers like Gmoney and Farokh believe he spent too much, but it’s possible that Bieber simply liked the appearance of this ordinary ape. Justin Bieber, who has 114 million Twitter followers, used the picture and the song’s lyrics to post it on Instagram. Additionally, he keeps NFTs from other initiatives, such as Doodles and World of Women.
- Gwyneth Paltrow
She seldom tweets, but in late January, actress and businesswoman Gwyneth Paltrow tweeted about joining the Bored Ape Yacht Club to her 2.7 million followers. Paltrow, like many of the other celebrities on this list, bought Ape # 6141 in November 2021 for around $228,000 in ETH. A blonde-haired ape was even made for the exposure. She even had her ape animated for the occasion.
- Alexis Ohanian
Serena Williams’ husband, Alexis Ohanian, is the co-founder of Reddit. On top of that, Ohanian has founded an entirely new venture capital fund devoted to Web3 and its booming sector, seven seven six. In June of 2021, Alexis became a member of the Bored Ape Yacht Club as BAYC # 8121. Ohanian, a trading card enthusiast, has recently been hooked on NFTs, and he just added BAYC # 882 to his collection.
Ownership of a bored ape is becoming a fashionable choice. Most of the time, it’s pricey! A total of 10,000 Bored Ape NFTs were made available, and they were all snapped up within 12 hours for an average price of $190.
There are 10,000 distinct variations, but that’s not too many to qualify as a limited-edition item. According to the Los Angeles Times, when Fallon bought his BAYC NFT, it had a resale value of about $216,000, and given his “hyping it up on the show,” that value could skyrocket.
If you believe Fallon’s involvement in BAYC will ultimately diminish its value, then so be it. And he’s not the only one who’s interested. Others who’ve purchased one include Eminem, Logan Paul, Steve Aoki, The Chainsmokers, Shaquille O’Neal, Gwyneth Paltrow, and Paris Hilton (who, of course, already has one).
Also Read: NFTs: Virtual Art in the Real World