The modern world is dominated by NFTs, where the Bored Ape Yacht Club (BAYC) NFTS holds a true potential cult. In layman's terms, Bored Ape NFT monkeys are costly yet successfully operating with featured images of cartoon apes with unamused facial expressions and human apparel on their different-looking bodies. Yuga Labs, a genuine Web 3.0 firm, supports the BAYC NFTs, featuring 10,000 apes, each possessing unique attributes like varying fur features, headwear, outfits, eyes, and more. Bored Ape NFTs hold great significance.
An NFT, also called a Non-fungible token, is a kind of token that is capable of completely transforming the world of business by modifying the manner in which people consume and share everything. If we decide to get to the core of the thing, an NFT is equivalent to an asset that holds something special and cannot be exchanged for a different asset of the same value. Hence, it shows that each NFT is distinguishable uniquely. Due to this characteristic, a crypto art NFT monkey has the possibility of its prices surging rapidly. This allows it to keep up with the ongoing market and be on pace with the challenging things.
What exactly is the Bored Ape Yacht Club?
Yuga Labs created the Bored Ape Yacht Club, an Ethereum-based collection of NFTs. Each NFT is indicated as an Ape. The apes are a combination of accessories, clothes, and expressions, so every ape is differently recognizable. It's about these feature combinations, or the relative rarity, that can be the major determinant of the popularity of an NFT monkey. There are websites that rate Apes according to their rarity. Looking into the Rarity tools, Bored Ape No. 8135 bags the top custom rarity score. Notable elements of the Ape involve a captain's hat, a dagger in its mouth, and a silver earring. Apart from rarity, there is nothing special about artworks, as they are just images of monkeys. But the aspect that stands the BAYC out from the market is the ongoing cultural phenomenon.
How are Bored Ape NFTs special?
Designed using an algorithm, only 10,000 Bored Ape NFTs will ever be available. As observed before, each Ape is uniquely identified. Though it may have common features with other Apes, both cannot be identical. This drives the nature of NFTs, which are crucial for NFT valuations. For beginners who wish to be a part of the Ape community, the NFT monkey price is nearly 103 ETH or $314K. Justin Bieber, Post Malone, Paris Hilton, and Snoop Dogg all use a Bored Ape avatar. The esteemed NFTs are now in a happy place on Instagram and Twitter profile images. Among common names include Adidas, Jimmy Fallon, Eminem, and Steph Curry. You can enjoy unique club benefits, considerable artwork ownership, and a lively community with the Bored Ape Yacht Club. In 2021, when BAYC was first introduced, its value was 0.08 ETH. Now, the sales have boomed to 1080.69 ETH.
10 Most Expensive NFT Monkeys Sold Till Date
Bored Apes have reached a high level of esteem in recent years. But almost everyone is discussing the concept. Over time, these NFTs have come into the picture, either for selling or buying.
1. Bored Ape Yacht Club #8817: ($3,408,000 )
Currently, the Bored Ape Yacht Club #8817 holds the title for being the most expensive NFT monkey ever. It is perhaps a sleepy-looking Ape taking off a Spinner hat and a Party horn simultaneously. During the time of its auctioning in the house Sotheby's Metaverse marketplace, the winning bid came out to be $3.4 million, i.e., 852.39 ETH. Its captivating power comes from unique attributes. A silver earring along with a Turtleneck completes its look with a rare solid gold fur. The rarity score, as noted in the Rarity tools, is 297.37.
2. Bored Ape Yacht Club #3749: ($2,907,016)
This Bored Ape comes at the second position in the list of most expensive NFT monkeys. It resonates with the look of a "cool dude" wearing a black T-shirt with a yellow background. Its Rarity score is 283.99 and is understandable by the union of its gold skin and eyes with a laser beam. It is the only Ape that has been spotted with these traits. This NFT ape is also addressed as "The Captain" and is owned by the game wallet of The Sandbox metaverse. The value of the black NFT monkey at the time of sale amounted to 740 Ethereum at a cost of $3928.40 per Ether.
3. Bored Ape Yacht Club #232: ($2,811,791)
Its transaction happened on the marketplace LooksRare at $2.9 million. It is considered one of the rarest NFT monkeys because of its golden skin characteristic, which is observed in only 0.46% of Apes present in the NFT collection. It rocks the look of a Seaman's hat with a smoking jacket. It has sleepy eyes and a bored facial gesture, too. It is considered the 503rd rarest so far in the inventory in a sale of a four-digit ETH NFT for the price of only a single NFT. Before buying the best NFT monkey, the CEO Deepak Thapliyal sold seven different bored apes to raise funds for purchasing this ape.
4. Bored Ape Yacht Club #8585: ($2,702,462)
Its sale created a lot of hype in the market because it was overpriced. However, BAYC became renowned after the sale of its leading collections. Though it lost the place in the list of expensive NFT monkeys, it sits comfortably in the 4th place. It is pictured with a blurred background, wearing a king's crown on trippy fur and heart-shaped goggles. The Rarity tool recognizes it with a score of 190.2. It remained unsold for approximately 2 months before the ongoing sale, priced at 696.969 ETH. Its acquisition created a craze for gathering trippy fur monkeys, ultimately.
5. Bored Ape Yacht Club #2087: ($2,307,638)
When traded, this rainbow-coloured ape bagged a significant place as one of the most expensive NFT monkeys with regard to Ethereum. It is an amusing yet angry looking Ape that was purchased at the value of 42 ETH. Also, 3 months later, it was sold at a profit of $2 million. Not only is it the rarest ape considered today, but also the simplest one with a mere 4 attributes, showcasing it strives for more with less. The trait count receives the Rarity score of 312.34. Other noticeable traits include widened eyes with a cigarette in the mouth. This collection successfully attracted a lot of interest from the audience.
6. Bored Ape Yacht Club #7090: ($2,272,620)
The golden fur comes back with the avatar of Bored Ape #7090 which is yet another ape justifying the trademark of bored expression. This sale is quite intriguing as the lazy monkey NFT was purchased for $563K previously. It was sold for 600 ETH after being owned for just one month. It set a new mark for the BAYC NFT, which made it count in the list of premium NFTs ever sold. It led to the generation of a whopping $1.69 million returns monthly. It holds a Rarity score of 250.33 which is impacted by its Gold fur and multicoloured smile positively. It is dressed in a service apparel red in colour, which hardly 1% of apes possess, making it attractive in comparison to other NFT monkeys.
7. Bored Ape Yacht Club #8135: ($1,873,449)
The Yacht Club, which is friendly to primates, is where the 7th rarest Ape, Bored Ape #8135, resides, justifying its price of 550 Ether despite Ether being valued at $3398 per unit at the time of buying. It was observed as the first NFT monkey in the portfolio of MetalinkLab’s NFT. Metalink is recognised as a crypto app made for texting. Keeping a dagger in the mouth is not found in other Apes standing in the collection, being an unshaven dagger even a rarer trait. Along with other 65 NFT Monkeys, it shares the distinctive features of Hip Hop attire, Trippy Captain’s hat, and Hypnotised eyes.
8. Bored Ape Yacht Club #4580: ($1,845,384)
This Bored Ape belongs to the Gold Ape NFT Group, constantly on the rise because of its Solid Gold coat, a highly rare trait only possessed by 46 apes. This ape wears a biker vest paired up with a Seaman-styled hat. It was bought for $1.8 million. The investor who bought it for 40 ETH and sold it after 8 months received a significant profit of $1.6 million. This showcases a small segment of Bored Ape Club’s complete capitalisation exceeding the value of $3.2 billion. Rarity tools stated that it is the NFT monkey that bagged 257th place and holds an impressive score of 207.3, owing to a creative union of the Golden skin and Dumbfounded mouth.
9. Bored Ape Yacht Club #3562: ($1,631,222)
Next on the list of expensive apes of Bored Ape Yacht Club is Bored Ape #3562. It was acquired by the NFT collector named ‘MachiBigBrother’ at 430 ETH, nearing the end of 2021. It is dressed in a formal black suit and is zombie-eyed. The suit goes well with its Brim hat, being shared by just 231 tokens. Before this acquisition, another Bored Ape NFT collector, ‘sevenseason’, held onto the digital artwork for approximately 7 months before selling it for a profit of around $1.61 million, estimating an ROI of 12,405 per cent. Unlike other NFT monkeys, just after its transaction, the bored ape took hold of the M2 serum and became Mutant Ape #17125.
10. Bored Ape Yacht Club #5199: ($1,611,272)
This Ape has an intimidating experience and can be titled a ‘Terminator Ape’ due to its robotic skin and cyborg eyes. It is uncommon for the most expensive NFT monkeys to have only four traits, making it the first of its kind. The Bored Ape #5199 is highly desired for its trait combination, which positions it at 58th in the Rarity ranks with a Rarity score of 260.15. Originally purchased merely at $14K, the ongoing sale at 425 ETH was astonishing as it helped it to make a profit of $1.5 million at once. It highlighted that the collection has an incredible demand. BAYC #5199 is among just five apes out of the 10,000 in the collection to possess this unique blend of traits. This explains why the Ape is priced high as a ‘thematic ape’.
Why rely on NFT monkey art?
Being dependent on a crypto art NFT monkey, like BAYC, offers compelling reasons rooted in the NFT market's unique traits and the benefits linked to digital resources.
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The enduring popularity and demand of monkey art projects such as BAYC have been evident. The robust history of success they have built inspires trust in potential investors and collectors, showing capability for long-term growth in value.
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Each NFT is an asset that can be authenticated through the blockchain. The speciality and scarcity of the NFTs decide their worth.
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Owning an NFT gives access to a vibrant group of people with similar mindsets, such as industry leaders and celebs. This introduces terrific networking opportunities and social capital that reach beyond just monetary investments.
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It is essential to possess an identity that stands out. BAYC and other NFTs act as status symbols in the NFT and wider virtual communities, similar to having high-end items in the real world.
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Managers of NFT monkeys such as BAYC enjoy privilege via various means, covering airdrops of fresh NFTs like ApeCoin, and other assets. The possible distributions can present financial returns.
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NFT holders have the authority to exercise rights on assets. This authority guides the owners in generating revenue from merchandise or branding goods with the image of the NFT.
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The monkey art projects focus on integrating with technologies like blockchain and virtual reality. These improve the overall utility of the NFTs and keep them innovative.
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The cultural importance of a crypto art NFT monkey should be correctly judged. These projects showcase the top-notch trends in digital art and culture, making them useful resources not just as investments but also as segments of digital heritage.
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NFT's evolving behaviour, collaborating with current developments and project engagements such as BAYC, states that the resources are created to remain applicable in the long run.
The Bottom Line
The list details the characteristics that add value to Bored Ape characters, making them one of the most expensive NFT monkeys, along with the investment amounts and resulting profiles for investors. In addition to the evident distinctiveness of each NFT, the Bored Ape Yacht Club is fascinating for several other reasons. There are enough unique owners to create a thriving NFT community. The Bored Apes managers have the right to use them commercially, which is crucial for the project's future growth. A strong community-focused BAYC already exists, and its size is enhancing daily. Moreover, in addition to serving as a symbol of reputation for NFTs, the NFTs serve as a lucrative opportunity for investments as well.
A blockchain development company can educate people on designing top-tier NFTs by sustainable using advanced innovation, guaranteeing safe digital assets, integrating smart contracts, and enticing professionalism in marketing and minting. This holistic approach amplifies the commercial and artistic capabilities of NFTs.