Most of us know that the NFT world is a piece of the metaverse and it’s making things so much fun and “bananas” at the same time. Speaking of bananas, a fast-growing trend in the NFT world is the Bored Ape Yacht Club or the BAYC project, which dropped in May.
The BAYC project quickly received a blue check on Twitter and OpenSea, which is well-earned and a credit to its incredible community. It adds credibility to the project and this achievement has empowered it to storm the crypto art world.
BAYC is the Latest Trend Capturing the NFT World
In a blink, you can miss the latest and craziest NFT world trends. You wake up to a timeline filled with new hashtags. Following everything is quite exhausting. Still, the BAYC project has proven to be one that you want to follow. It’s also hitting the fashion world. For those of you who don’t already know, the BAYC has 10,000 unique collectible avatars of APES. You heard that right, Apes!
These avatars have taken over the Ethereum blockchain in the few short months they’ve been around. The apes display different styles and attributes. Each ape has different attributes that vary with levels. The avatars have a cartoonish and fun aesthetic appeal, which resonates with the Gorillaz by Jamie Hewlett. The amazing detail about these Apes on NFTs is that they were listed for 0.08 ETH because the company believed in fair distribution. They sold out in less than 12 hours and are now selling on OpenSea at soaring prices. It’s simply a blast!
Once it hit Twitter, the demand for Ape avatars rocketed as celebrities and other big players in the NFT space quickly got on board. In a very short time, the avatars were all over Twitter; 10,000 avatars were grabbed within hours. Some notable figures like DJ 3LAU grabbed 33 of the originals, NFT collectors like 888 leapt on them, and so did the famous digital artist that goes by the name Slimesunday. This led to a ripple of frenzy across the Twitter Sphere, leading to a trend of customizing and sharing the BAYC Apes, leading to the apes conquering the virtual world. It was all over the timeline, you couldn’t miss it.
By 3 May 2021, 2220 owners had 10,000 apes, and the average price on OpenSea was 0.8686 ETH. As of publishing, there are now about 5,200 owners and the floor (cheapest price) is currently around 15 ETH.
What is Catchy about the Apes?
If you like Cryptopunks, you’ll love the Apes. They have eye-catching personalities, which is a new and impressive work of art. Buying an official Ape automatically enrolls you into an exclusive membership with the Bored Ape Yacht Club, the price of which keeps increasing. Having the membership offers members-only benefits.
One of the first benefits is “The Bathroom.” This is a graffiti wall, which shows a chaotic mass of doodles, available in the Bored Ape Yacht Club nightclub bathroom stall. Members can paint on it every 15 minutes, making one pixel of chaotic doodles.
This allows the members to advertise and collaborate on BAYC. It’s a large community of apes where you can have a lot of fun.
BAYC members also benefit from air drops, the first of which was a Bored Ape Kennel Club dog companion for all Apes. Additional air drops from BAYC have included a hoodie to wear in the metaverse and a basketball NFT from a partnership with round21.
The Mutant Ape Arcade Machine is also an upcoming and exciting tool for members, which will offer NFT breeding. BAYC recently teased MAYC is coming soon, so needless to say the Apes are anxious at just what this means.
To wrap it up, the Apes are not just cool collectables. BAYC is a fun and exciting community and it’s growing daily. It’s a collection of artwork, which is driving the NFT community bananas.