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17/01/2022
Diversity of factors converge to help define the value of collectibles in the real world: rarity, provenance, quality. Until lately, digital collectibles did not (and could not) actually exist in any significant manner because the above characteristics couldn't be imitated in a digital setup.
Blockchain technology, however, has enabled digital collectibles to be truly owned and substantiated ✔️
Digital things can now advantage from value influences usually limited to the realm of the physical ⚡️
Why NFTs have value? See in gallery!
09/12/2021
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits 💥
Just last year, the four thirty year olds behind Bored Ape Yacht Club were living modest lifestyles and working day jobs as they fiddled with creative projects on the side. Now, they’re multimillionaires who made it big off edgy, haphazardly constructed art pieces 🖼
This summer, 101 of Yuga Labs’ Bored Ape Yacht Club tokens, which were first minted in early May, resold for $24.4 million in an auction hosted by the fine-art house Sotheby’s. Competitor Christie’s followed shortly thereafter, auctioning off an art collectors’ haul of modern-day artifacts — which included four apes — for $12 million. Around the same time, one collector bought a single token directly from OpenSea — kind of like eBay for NFTs — for $2.65 million. A few weeks later, another Sotheby’s sale set a new auction record for the most-valuable single Bored Ape ever sold: Ape number 8,817 went for $3.4 million.
The list of celebrities, who bought themselves an Ape, includes Post Malone, Jimmy Fallon, Lil Baby, The Chainsmokers, Logan Paul and many others 👌🏻
What do you think about Bored Apes NFTs? Drop your opinion in the comments!
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