monkey nft yacht club

• Internet Culture

Bored Ape Yacht Club NFTs Explained

This collection of 10,000 cartoon apes has become the poster child of NFTs. Right now, the cheapest you can buy one for is $150,000.

Bored Ape Yacht Club NFTs cost $190 at launch last April. Now they go for over $400,000.

NFTs have been around for five years, but the nonfungible token boom only truly began in 2021. It coincided almost perfectly with the launch of Bored Ape Yacht Club, a collection of 10,000 cartoon ape NFTs that's come to embody the whole industry. BAYC has over the past year become a bellwether for NFTs, just like bitcoin is for the crypto market at large. 

When NFTs were at their hottest, in April , the entry price for Bored Ape Yacht Club NFTs was $400,000. Following the crypto crash, caused by the Federal Reserve's hiking of inflation rates to tackle inflation , that's fallen closer to $150,000. Far from the all-time-high, but insane considering these NFTs sold for about $200 apiece last April. 

You've probably seen a BAYC, even if you didn't realize you were looking at one.

Bored Ape owners currently using their NFT as a Twiter profile picture include Timbaland (1.6 million followers), Eminem (22.6 million followers) and footballer Neyman Jr. (55 million followers). Jimmy Fallon and Paris Hilton are also BAYC holders, discussing their Apes in a (cringey) Tonight Show segment . Justin Bieber made headlines with his purchase of a $1.29 million Bored Ape Yacht Club NFT in February. 

In June, Eminem and Snoop Dogg released a video clip in which the rappers are depicted by their respective Bored Apes . 

Name my ape! Drop your suggestions below 👇 @BoredApeYC #BAYC #BoredApeYachtClub #NFTs pic.twitter.com/pwFynGy9QJ — jimmy fallon (@jimmyfallon) November 17, 2021

BREAKING: @Eminem just bought BAYC #9055 for 123.45 ETH ($461,868.42) WELCOME to the BAYC 🤗 pic.twitter.com/UvQFntDa8Q — m0rgan.ethᵍᵐ 💎🙆🏼‍♀️🆘 (@Helloimmorgan) December 31, 2021

Yuga Labs, the company behind the NFT collection, has already expanded the ecosystem to include a cryptocurrency (Ape Coin). More importantly, it's developing a "metaverse" MMORPG game called "Otherside." People holding Bored Ape NFTs are betting that the brand will completely break through and go mainstream. Already it's collaborated with brands like Adidas and Gucci, and last year a Bored Ape  graced the cover of Rolling Stone magazine . 

Like everything else to do with NFTs, the Bored Ape Yacht Club is contentious. Apes inspire jealousy among those who own and trade NFT art but confusion and suspicion among people who don't. Their value is instrinsically tied to ether, the second biggest cryptocurrency. That means NFTs like BAYC are likely to lose their lustre if crypto collapses -- something critics have prophesized for years. 

Here's what you need to know about the collection.

10 of the 10,000 Bored Ape Yacht Club NFTs. Each has different attributes, some rarer than others, that makes them unique. 

Wait, what are NFTs again?

NFT is short for nonfungible token. These are tokens verify ownership on the blockchain. In essence, an NFT is like a certificate of authenticity for a fancy watch or the deed to a house. It certifies that the digital asset -- in this case a cartoon picture of an ape -- is legitimate, and denotes who the owner is.

The most ubiquitous criticism of NFTs is that they're useless because pictures can simply be right-clicked and saved for free. The point of NFT technology is that it makes public who the owner of an asset is. The idea is that anyone can buy a Mona Lisa print for a few bucks, but only one person or institution can own the original. Everyone in the world can save a BAYC jpeg on their computer, but only one person can own the NFT. 

Whether that makes NFTs valuable is a judgement call. Some people think they'll revolutionize the internet, at last allowing digital goods to be bought and sold like real-world, physical products. Others think they're an environmentally-costly ponzi scheme. 

Why are there 10,000 Bored Apes?

Broadly speaking, there are two types of NFT art. First, you have one-off visuals that are sold as non-fungible tokens, just like paintings in real life. Think the  Beeple NFTs that were sold at Christie's for as high as $69 million. Second, you have NFT collections like the Bored Ape Yacht Club, which are mostly designed to be used as profile pictures on social media. The latter have become the dominant style, where most of the money is spent. 

Pioneered by CryptoPunks in 2017, NFT collections are a little like Pokemon cards. You have a set amount -- usually between 5,000 and 10,000 -- which all have the same template, but each has different attributes that make them unique. In the case of BAYC, there are 10,000 apes, each with varying fur types, facial expressions, clothing, accessories and more. Each attribute has a rarity component, which makes some much more valuable than others. 

These properties are displayed on OpenSea, the main platform where NFTs are traded. On any given NFT's page, its properties will be listed as well as the percentage of NFTs in the collection that share the property. Usually, anything under 1% is considered rare. For instance out of 10,000 apes only 46 have solid gold fur, making these particularly valuable.

Each NFT has traits which are ranked by rarity, making some more valuable than others. 

As noted, the "floor price" for the project -- what you'll pay for an ape with common traits -- is currently about $150,000 (85 ether). Apes with the golden fur trait are rare, and so sell for much more. One sold in January for $1.3 million . Another  with gold fur and laser eyes , two sub-1% traits, went for $3 million.

BAYC is the biggest NFT project of this kind, recently eclipsing CryptoPunks , which is credited as the first "pfp" (profile picture) collections. Other notable sets include CyberKongz, Doodles and Cool Cats .

What makes Bored Ape Yacht Club valuable?

This is a complicated question. The short answer is that they're status symbols , and like all status symbols their value comes from perception and branding rather than utility. Just like a CEO may try to communicate business acumen with a Rolex or a luxury suit, people who trade NFTs display their success with a Bored Ape Yacht Club NFT. Their argument is that NFTs are better status symbols than real-world items, since when used as profile pictures they can be seen by millions of people on Twitter and Instagram.

Let's start at the beginning. Bored Ape Yacht Club was launched last April. It took 12 hours for all 10,000 to sell out at a price of $190 (0.08 ether). The price of Bored Ape NFTs rose steadily until July, when they spiked dramatically and the collection became a blue-chip set.

What makes an NFT collection successful is highly subjective. Broadly, it's a mix of four things: Influencer or celebrity involvement, mainstream potential, utility for members and community appeal.

The first and second are obvious. When famous people own an NFT, it makes others want to own one too. When celebrities like Jimmy Fallon and Justin Bieber bought into Bored Ape, it caused a run in sales and hype -- and hype is what the NFT market is all about. People buying into BAYC today, at a steep price of over $150,000, are likely to believe that the brand could one day adorn more than celebrity social media accounts: Netflix shows, popular games and Hollywood movies are the goal. 

Thirdly, utility. Most NFT projects claim to offer a utility of some sort, which means it does something other than act as a profile picture. That can be access to play-to-earn games or the option to stake an NFT in exchange for an associated cryptocurrency. 

Bored Ape Yacht Club has done a few things to keep owners interested. First, it created the Bored Ape Kennel Club , offering owners the opportunity to "adopt" a dog NFT with traits that mimic those of the Bored Apes. Another freebie came in August of 2021: Digital vials of mutant serum. Owners could mix their Bored Ape with the serum to create a Mutant Ape Yacht Club NFT (see below). 

The advent of this second collection last August is when the Bored Ape brand really popped. Seen as doing innovative things with NFT technology, and coinciding with a huge amount of money entering the space that month, Bored Ape Yacht Club started to be seen as the premiere NFT brand. 

Both Kennel Club and Mutant Ape NFTs now sell for a lot. The Mutant Ape Yacht Club collection entry point is about $30,000, while Bored Ape Kennel Clubs are selling for about half that. (Remember, these were free to BAYC holders.)

A Bored Ape and its Mutant Ape counterpart. 

Last but not least is the community that's built around a collection. NFTs double as membership cards to holder groups. The more valuable people find belonging to that community, the less they'll want to sell their NFT. Bored Ape Yacht Club has organized meetups in New York and California, and there have been Bored Ape get-togethers in Hong Kong and the UK, too. This past June, BAYC holders were treated to "Ape Fest", a festival that included performances from Eminem, Snoop Dogg, LCD Soundsystem and Amy Schumer.

But "community value" also extends to financial self interest. The higher the floor price on a collection, the more crypto-rich traders you can expect to be holders. These savvy investors trade information within locked Discord groups, providing valuable (sometimes insanely valuable) tips to one another. Sell your NFT and you'll no longer be privvy to such tips. 

Eminem is the latest celebrity to flaunt a Bored Ape Yacht Club NFT as a social media profile picture.

Who's behind the Bored Ape Yacht Club?

The Bored Ape Yacht Club was developed by Yuga Labs. At the time, Yuga Labs consisted of four people, all of whom went by pseudonyms. There's Gordon Goner and Gargamel, who are the two co-founders, and two friends who helped on the development side, No Sass and Emperor Tomato Ketchup.

Got doxxed against my will. Oh well. Web2 me vs. Web3 me pic.twitter.com/uLkpsJ5LvN — GordonGoner.eth (@GordonGoner) February 5, 2022

Got doxed so why not. Web2 me vs Web3 me. pic.twitter.com/jfmzo5NtrH — Garga.eth (@CryptoGarga) February 5, 2022

Seems like the cat is out of the bag anyway, so... Hi, I'm Kerem 👋🍅 web2 me vs. web3 me pic.twitter.com/v7i4JDCTlc — EmperorTomatoKetchup (@TomatoBAYC) February 8, 2022

Welp, here we go... Hey, I'm Zeshan. Nice to meet y'all (: Web2 me vs. Web3 me pic.twitter.com/0AnqurQ1el — Sass (@SassBAYC) February 8, 2022

All four went exclusively by their pseudonyms until February, when BuzzFeed reported the identities of Gordon Goner and Gargamel. Gargamel is Greg Solano, a writer and book critic, and Gordon Goner is 35-year-old Wylie Aronow. Both went on to post pictures of themselves on Twitter alongside their Bored Apes. Following that, Emperor Tomato Ketchup and Sass both "doxxed" themselves -- that is, revealed their identity -- by doing the same. 

The actual art was created by freelance artist Seneca , who's not part of Yuga Labs. 

What's next?

Yuga Labs has big plans for its Bored Ape Yacht Club brand, plans that are both on- and offchain. (That is, both on the blockchain and in the real world.)

Start with more blockchain stuff. In March, Yuga Labs released Ape Coin, its own cryptocurrency. All Bored Ape holders were airdropped just over 10,000 Ape Coins at launch, worth around $100,000 at the time (now about $70,000). Ape Coin will be the primary currency in Otherside, the metaverse Yuga Labs is building .

Metaverses are big, virtual spaces shared by hundreds or thousands of people at a time. They've existed for a long time, think Second Life or even Fortnite. Blockchain-integrated metaverses are different only in the sense that the land, building and items within the world are owned by users as NFTs. Yuga Labs has already sold land for the metaverse, making over $300 million in just a few hours of sales .

Out in the physical world, the Bored Apes are integrating themselves into fashion. Adidas launched its first NFT project, Into The Metaverse, in collaboration with several NFT brands, Bored Ape Yacht Club chief among them. Collaborations between Adidas and BAYC on both virtual and physical clothing are coming soon. 

Adidas is also a member of the Bored Ape Yacht Club. 

The Bored Ape Yacht Club brand has popped up in other industries too. Literally in the case of food: A pop-up restaurant in Los Angeles was recently turned into a permanent burger spot. In January, a mobile game, Apes vs. Mutants , launched on both the App Store and Google's Play Store. (Reviews have been unkind.) Another mobile game is in production , scheduled for Q2. Bored Ape figurines by Super Plastic are on the way too.

More unusual, though, is what people are doing with their apes. Owning a Bored Ape NFT gives you full commercial rights to it, and holders are taking advantage of that in some creative ways. One Bored Ape owner set up a Twitter account for his ape where he created a backstory, turning him into Jenkins, a valet that works for the Yacht Club. Jenkins is now signed to a real-world agency, and has a biography written by New York Times bestseller Neil Strauss . Universal Music Group has invested by  signing a band consisting of three Bored Apes and one Mutant Ape . 

You might think NFTs are silly -- and terrible for the environment -- but don't expect the Bored Apes to disappear anytime soon.

How Four NFT Novices Created a Billion-Dollar Ecosystem of Cartoon Apes

By Samantha Hissong

Samantha Hissong

J ust last year, the four thirtysomethings behind Bored Ape Yacht Club — a collection of 10,000 NFTs, which house cartoon primates and unlock the virtual world they live in — 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 that also act as membership cards to a decentralized community of madcaps. What’s more punk rock than that?

The phenomenal nature of it all has to do with the recent appearance, all over the internet, of images of grungy apes with unimpressed expressions on their faces and human clothes on their sometimes-multicolored, sometimes-metal bodies. Most of the apes look like characters one might see in a comic about hipsters in Williamsburg — some are smoking and some have pizza hanging from their lips, while others don leather jackets, beanies, and grills. The core-team Apes describe the graffiti-covered bathroom of the club itself — which looks like a sticky Tiki bar — in a way that echoes that project’s broader mission: “Think of it as a collaborative art experiment for the cryptosphere.” As for the pixel-ish walls around the virtual toilet, that’s really just “a members-only canvas for the discerning minds of crypto Twitter,” according to a blurb on the website, which recognizes that it’s probably “going to be full of dicks.”

(Full-disclosure: Rolling Stone just announced a partnership with the Apes and is creating a collectible zine — similar to what the magazine did with Billie Eilish — and NFTs.)

“I always go balls to the wall,” founding Ape Gordon Goner tells Rolling Stone over Zoom. Everything about Goner, who could pass for a weathered 30 or a young 40, screams “frontman,” from his neck tattoo to his sturdy physique to the dark circles under his eyes and his brazen attitude. He’s a risk taker: Back during his gambling-problem days, he admits he’d “kill it at the tables” and then lose it all at the slot machines on the way to the car. He’s also the only one in the group that wasn’t working a normal nine-to-five before the sudden tsunami of their current successes — and that’s because he’s never had a “real job. Not bad for a high school dropout,” he says through a smirk. Although Goner and his comrades’ aesthetic and rapport mirror that of a musical act freshly thrust into stardom, they’re actually the creators of Yuga Labs, a Web3 company. 

Editor’s picks

The 100 best tv episodes of all time, the 250 greatest guitarists of all time, the 500 greatest albums of all time, 25 most influential creators of 2024.

Goner and his partners in creative crime — Gargamel, No Sass, and Emperor Tomato Ketchup — were inspired by the communities of crypto lovers that have blossomed on platforms like Twitter in recent years. Clearly, people with this once-niche interest craved a destination to gather, discuss blockchain-related developments, and hurl the most inside of inside jokes. Why not, they thought, give NFT collectors their own official home? And Bored Ape Yacht Club was born.

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. At press time, tokens related to the Bored Ape Yacht Club ecosystem — this includes the traditional apes, but also things called “mutant” apes and the apes’ pets — had generated around $1 billion. “My name’s not even Gordon,” says Goner, who, like the rest of Yuga Labs’ inner circle, chooses to hide his true identity behind a quirky pseudonym. “Gordon Goner just sounded like Joey Ramone. And that made it sound like I was in a band called the Goners. I thought that was fucking cool. But when we first started, I kept asking, ‘Are we the Beastie Boys of NFTs?’ Because, right after our initial success it felt like the Beastie Boys going on tour with Madonna: Everyone was like, ‘Who the fuck are these kids?’ ” (Funnily enough, Madonna’s longtime manager, Guy Oseary, signed on to rep the foursome about a month after Goner made this comment to Rolling Stone .) He’s referring to the commotion that immediately followed the first few days of Bored Ape Yacht Club’s existence, when sales were dismal. “Things were moving so slowly in that weeklong presale,” recalls Goner’s more soft-spoken colleague, Emperor Tomato Ketchup. “I think we made something between $30,000 and $60,000 total in sales. And then, overnight, it exploded. All of us were like, ‘Oh fuck, this is real now.’ ” The 10,000 tokens — each originally priced at 0.08 Ethereum (ETH), around $300 — had sold out. While the crypto community may have been asking who they were, the general public started wondering what all the fuss was about. Even Golden State Warriors player Stephen Curry started using his ape as his Twitter profile picture, for all of his 15.5 million followers to behold. 

Bored Ape art isn’t as valuable as it is because it’s visually pleasing, even though it is. It’s valuable because it also serves as a digital identity — for which its owner receives commercial usage rights, meaning they can sell any sort of spinoff product based on the art. The tokens, meanwhile, act like ID cards that give the owners access to an online Soho House of sorts — just a nerdier, more buck-wild one. Noah Davis, who heads up Christie’s online sales department for digital art, says that it’s the “perennial freebies and perks” that solidify the Bored Ape Yacht Club as “one of the most rewarding and coveted memberships.” “In the eyes of most — if not almost all of the art community — BAYC is completely misunderstood,” he says. However, within other tribes of pop culture, he continues, hugely prominent figures cherish the idea of having a global hub for some of the most “like-minded, tech-savvy, and forward-thinking individuals on the planet.” Gargamel is “a name I ridiculously gave myself based off the fact that my fiancée had never seen The Smurfs when we were launching this,” says Goner’s right-hand man, who looks kind of like a cross between the character he named himself after and an indie-music-listening liberal-arts school alum. He’s flabbergasted at the unexpected permanence of it all. “Now, I meet with CEOs of billion-dollar companies, and I’m like, ‘Hi, I’m Gargamel. What is it that you would like to speak to me about?’ ” 

The gang bursts out in laughter.

In conversing, Gargamel and Goner, whose relationship is the connective tissue that brought the others in, are mostly playful — but they do bicker, similar to how a frontman and lead guitarist might butt heads in learning to share the spotlight. They first met in their early twenties at a dive bar, in Miami, where they were both born and raised, and immediately started arguing about books. “He doesn’t like David Foster Wallace because he’s wrong about things,” Goner interjects, cheekily, as Gargamel attempts to tell their story. “He hasn’t even read Infinite Jest . He criticizes him, and yet he’s never read the book! He’s like, ‘Oh, it’s pretentious MFA garbage.’ No, it’s not.” Gargamel then points out that he has read other books by Wallace, while No Sass, who still hasn’t chimed in, flashes a half-smile that suggests they’ve been down this road more than once before. “I think, on the whole, he was the worst thing to happen to fucking MFA programs, given all the things people were churning out,” says Gargamel. They eventually decide to agree that Wallace, like J.D. Salinger, isn’t always interpreted correctly or taught well, and we move on — only after Goner points out the tattoos he got for Kurt Vonnegut and Charles Bukowski “at like 17,” but before diving too deep into postmodernist concepts. Goner and Gargamel’s relationship speaks to how the group operates as a whole, according to No Sass, whose name is self-explanatory. “There’s always a yin and yang going on,” he says. Throughout the call, No Sass continues to make sense of things and keep the others in check in an unwavering manner, positioning him as the backbone of the group — or our metaphorical drummer. “It’s like, I’ll come up with the idea that wins us the game,” Goner says, referencing his casino-traversing past. “And his job is to make sure we make it to the car park.” No Sass’ rhythm-section counterpart is clearly Tomato, the pseudo-band’s secret weapon who’s loaded with talent and harder to read. (He picked his name while staring at an album of the same name by English-French band Stereolab.) The project’s name, Bored Ape Yacht Club, represents a club for people who got rich quick by “aping in” — crypto slang for investing big in something unsure — and, thusly, are too bored to do anything but create memes and debate about analytics. The “yacht” part is coated in satire, given that the digital clubhouse the apes congregate in was designed to look like a dive bar in the swampy Everglades. 

Gargamel, whose college roommate started mining Bitcoin back in 2010, got Goner into crypto in 2017, when the latter was bedridden with an undisclosed illness, bored, and on his phone. “I knew he had a risk-friendly profile,” Gargamel says. “I said, ‘I’m throwing some money into some stupid shit here. You wanna get in this with me?’ He immediately took to it so hard, and we rode that euphoric wave of 2017 crypto up — and then cried all the way down the other side of the roller coaster.” At the start of 2021, they looked at modern relics like CryptoPunks and Hashmasks, which have both become a sort of cultural currency, and they looked at “crypto Twitter,” and wondered what would happen if they combined the collectible-art component with community membership via gamification. The idea was golden but they weren’t technologically savvy enough to know how to build the back end. So, Gargamel called up No Sass and Tomato, who both studied computer science at the same university he had attended for grad school. “I had no idea what was involved in the code for this,” Gargamel admits. “I read something that said something about Javascript, so I called them and said, ‘Do you guys know anything about Javascript?’ And that couldn’t be further from what you’re supposed to know.” While they were tech-savvy, No Sass and Tomato were not crypto-savvy. They both wrote their first lines of solidity code — a language for smart contracts — in February of this year. “I was like, ‘Just learn it! It’s going to be great. Let’s go,’ ” recalls Gargamel. “From a technical perspective, some of the stuff that we’ve built out has had relatively janky workflows, which people then seize upon, asking us how we did it,” says Tomato. “It’s actually stake-and-wire or whatever, but nobody else has done it.” A lot of “stress and fear” went into the first drop, according to No Sass: “We were constantly on the phone going, ‘Oh, shit, is this OK? Is it going to explode?’ ” He shakes his head. “I wish we still had simple NFT drops. We can pump those out superfast now.” “Every single thing we do scares the shit out of me,” adds Tomato.

They started out with unsharpened goals of capitalizing on a very clear trend. But a fter one particularly enervating night of incessant spitballing, Goner realized that all he really wanted was something to do and for like-minded people to talk to in an immersive, fantastical world. Virtual art was enticing, but it needed to do something too. “We’d see these NFT collections that didn’t have any utility,” Goner says. “That didn’t make any sense to me at the time, because you can cryptographically verify who owns these things. Why wouldn’t you offer some sort of utility?”

Gargamel told him the next day he loved the clubhouse idea so much that he’d want to do it even if it was a failure. They realized they just craved “a hilarious story to tell 10 years later,” Gargamel says. “I figured we’d say, ‘Yeah, we spent 40 grand and six months making a club for apes, but it didn’t go anywhere.’ And that’s how we actually started having fun in the process.” Goner chimes in: “Because at least we could say, ‘This is how we spent our summer. How ridiculous is that? We made the Bored Ape Yacht Club, and it was a total disaster.’ ”  Gargamel interjects to remind everyone that Tomato ended up reacting to their springtime victory by buying a Volvo, the memory of which incites another surge of laughter. They haven’t indulged in too many lavish purchases since then, but they all ordered Pelotons, Tomato bought a second Volvo, and they all paid their moms back for supporting them in becoming modern-day mad scientists. “I’ll never forget the night that we sold out,” says No Sass. “It was like two or three in the morning, and I hear my phone ring. I see that it’s Tomato and think something has gone terribly wrong. I pick up the phone and he’s like, ‘Dude, you need to wake up right now. We just made a million dollars.’ ” Nansen, a company that tracks blockchain analytics, reported that for one night Bored Ape Yacht Club had the most-used smart contract on Ethereum. “That’s absurd,” says Gargamel. “Uniswap [a popular network of decentralized finance apps] does billions and billions of transactions. But for that one night, we took over the world.” At press time, the foursome — let’s just go ahead and call them the Goners — had personally generated about $22 million from the secondary market alone. “Every time I talk to my parents about how this has blown up, they literally do not know what to say,” adds Tomato, whose mom started crying when he first explained what had happened.

Since its opening, the group has created pets for the apes via the Bored Ape Kennel Club, as well as the Mutant Ape Yacht Club. The latter was launched to expand the community to interested individuals who weren’t brave enough to “ape in” at the beginning: Yuga Labs unleashed 10,000 festering, bubbling, and/or oozing apes — complete with missing limbs and weird growths — via a surprise Dutch auction, which was used to deter bots from snatching up inventory by starting at a maximum price and working its way down. With a starting price of 3 ETH — or about $11,000 — this move opened up the playing field for about an hour, which is how long it took for the mutants to sell out. (The team also randomly airdropped 10,000 “serums,” which now pop up on OpenSea for tens of thousands of dollars, for pre-existing Apes to “drink” and thusly create zombified clones.) When they sold 500 tangible hats to ape-holders in June, the guys spent days packaging products in Gargamel’s mom’s backyard in Florida. “Immediately, some of them sold for thousands of dollars,” Gargamel exclaims. “It was a $25 hat. We were like, ‘Holy shit, we can be a Web3 streetwear brand. What does that even look like?’ ”

But the team is still searching for ways to create more value by building even more doors that the tokens can unlock. They recently surprised collectors with a treasure hunt; the winner received 5 ETH — worth more than $16,000 at press time — and another ape. And on Oct. 1, they announced the first annual Ape Fest, which runs from Oct. 31 through Nov. 6 and includse an in-person gallery party, yacht party, warehouse party, merch pop-up, and charity dinner in New York. Goner tells Rolling Stone that they’re currently discussing partnership ideas with multiple musical acts, but he refuses to reveal additional details in fear of jinxing things. Further down the line, the Goners see a future of interoperability, so that collectors can upload their apes into various corners of the metaverse: Hypothetically, an ape could appear inside a popular video game like Fortnite , and the user could dress it in digital versions of Bored Ape Yacht Club merch. “We want to encourage that as much as possible,” says Gargamel. “We’re making three-dimensional models of everybody’s ape now. But, y’know, making 10,000 perfect models takes a little bit of time.” At the start of the year, the guys had no idea their potentially disastrous idea would become a full-time job. They were working 14 hours a day to get the project up and running, and after the big drop, they decided to up that to 16 hours a day. “None of us have really slept in almost seven months now,” says Goner. “We’re teetering on burnout.” To avoid that, Yuga Labs has already put a slew of artists on staff and hired social media managers and Discord community managers, as well as a CFO. “We want to be a Web3 lifestyle company,” says Goner, who emphasizes that they’re still growing. “I’m a metaverse maximalist at this point. I think that Ready Player One experience is really on the cusp of happening in this world.” If Bored Ape Yacht Club is essentially this band of brothers’ debut album, there’s really no telling what their greatest hits will look like.

Most Popular

Chester bennington's son slams linkin park for replacing his late father with new singer emily armstrong: 'you have betrayed the trust' of fans, james earl jones, authoritative actor and voice of darth vader, dies at 93, prince harry & meghan markle made this announcement mere hours after kate middleton’s cancer update video, jay-z explains why kendrick lamar was chosen to perform at super bowl halftime show, you might also like, colin farrell complained on ‘the penguin’ set ‘that i f—ing want it to be finished,’ said after wrapping: ‘i never want to put that f—ing suit on again’, promotional climate impacts oxford industries’ business in q2, the best yoga mats for any practice, according to instructors, the trump vs. harris debate drew almost 10 million more viewers than trump-biden, caitlin clark playoff possibility heats up sun ticket offering.

Rolling Stone is a part of Penske Media Corporation. © 2024 Rolling Stone, LLC. All rights reserved.

• Search Search Please fill out this field.

What Is Bored Ape Yacht Club?

• Understanding BAYC
• BAYC's High Value
• More Than an NFT

The Bottom Line

• Cryptocurrency
• Strategy & Education

Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a financial therapist and transformational coach, with a special interest in helping women learn how to invest.

Bored Ape Yacht Club, popularly called BAYC, launched in 2021, is a collection of 10,000 non-fungible tokens (NFTs) on the Ethereum blockchain . These NFTs are graphical representations of cartoon-like apes with specific traits. The characters have combinations of backgrounds, earrings, clothes, fur, eyes, expressions, and more that make them all unique.

Key Takeaways

• Bored Ape Yacht Club is a non-fungible token (NFT) collection of 10,000 cartoon-like apes.
• At launch, each Bored Ape Yacht Club token cost 0.08 Ether (ETH), or $220; by mid-October 2022, they cost 76 ETH, or approximately $100,418.
• BAYC was developed in April 2021 by Yuga Labs, whose founders use the pseudonyms Gordon Goner and Gargamel.
• Rarity and celebrity endorsement drove the high price of the BAYC collection. 
• Some consider BAYC a status symbol, and celebrities like NBA star Stephen Curry, singers Eminem and Snoop Dogg, and late-night show host Jimmy Fallon own one.

History of Bored Ape Yacht Club (BAYC)

The Bored Ape Yacht Club NFT was launched in 2021 at the pinnacle of the cryptocurrency bull market. Yuga Labs developed the Bored Ape Yacht Club. The Yuga Labs team comprised four core members who appeared under these pseudonyms in the early days of the launch: Gordon Goner and Gargamel (co-founders), No Sass, and Emperor Tomato Ketchup, who handled the technical aspects of BAYC.

BuzzFeed, a news publication, broke a story in February 2022 revealing two of the co-founders’ identities. This led the other two core members to also give up their incognito status and post pictures of themselves on X (formerly Twitter).

On March 11, 2022, Yuga Labs acquired the intellectual property for rival NFT collections CryptoPunks and Meebits, giving it ownership of the brand and logo of each of those NFT collections. CryptoPunks is one of the earliest NFT projects and was among the most valued NFT collections on the NFT marketplace OpenSea. It had a total trading volume of 1 million ETH before it was delisted in February 2022 for a copyright violation.

In a historic moment in September 2021, Sotheby’s , one of the world’s largest auction houses, closed its online auction for 101 Bored Ape Yacht Club NFTs at a price of $24.4 million.

Early Fundraising and Interest

In a fundraising round led by venture capital firm Andreessen Horowitz, the Yuga Labs team raised $450 million. In March 2022, it was reported to be valued at $4 billion. Yuga Labs planned to use the capital to expand its activities and accelerate brand growth.

When launched, a BAYC NFT cost 0.08 Ether (ETH), the native cryptocurrency of the Ethereum platform. That was equivalent to $220 at the time. It sold out within 12 hours. By mid-October 2022, it had climbed to a “floor price” of 76 ETH, or approximately $100,418. An NFT's floor price is the minimum price allowed for an NFT within a collection.

BAYC garnered interest from a few celebrities, who purchased the NFTs at inflated prices. Some high-profile stars who flaunt their BAYC include “Tonight Show” host Jimmy Fallon, who bought Bored Ape #599; NBA champions Steph Curry and Shaquille O’Neal; singers Snoop Dogg, Eminem, and Justin Bieber; and world-class soccer player Neymar Jr.

Contrary to popular belief, the images are not the non-fungible tokens. The tokens are a hashed version of the image's metadata, and the images are stored (hosted) elsewhere. The tokens are transferred when rights to the images are sold.

What Makes BAYC Valuable?

Whether the Bored Ape collection is truly worth millions of dollars has been hotly debated. Some believe the high valuations are simply based on speculation. But, in fact, rarity, demand, celebrity endorsements, perks, and project development have driven the collection’s value.

The array of BAYC’s unique traits and accessories are used to measure its value. The term “rarity” gauges how unusual an NFT is within a collection with an assigned number. In the BAYC collection, there are more than 160 traits, and each ape may have four to seven trait categories. These traits are background, clothes, earrings, eyes, fur, hat, and mouth.

The most expensive Bored Ape in the collection, BAYC #8817, was auctioned in October 2021 for $3.4 million on Sotheby’s Metaverse marketplace, an online platform dedicated to rare and extraordinary NFTs. BAYC #8817 had the Solid Gold Fur trait—making it a relatively rare variety of the NFT. Other characteristics of the #8817 token are the Silver Hoop Earrings and the Wool Turtleneck.

Celebrity Endorsement

BAYC has enticed several celebrities and brands to own pieces of its NFT collection. Adidas contributed to the hype surrounding the NFT collection by launching “Into the Metaverse,” its native digital collectible, in partnership with Bored Ape Yacht Club, Gmoney, and PUNKS Comic.

Following the partnership launch, BAYC uploaded an image of a Bored Ape wearing an Adidas jacket on X. Gmoney tweeted a silhouette picture that displayed the Adidas logo. PUNKS Comic tweeted a picture of a character wearing a shirt bearing the Adidas logo.

Other celebrities, beyond those already mentioned, who bought BAYC include billionaire Mark Cuban, prominent X personality and DJ Steve Aoki, X personalities and musicians Post Malone and Mike Shinoda, and producer and songwriter Timbaland.

Perks and Development 

One of the distinctive features of the Bored Ape NFT, compared with other NFT collections, is the perks. Owners of Bored Apes have exclusive access to a private Discord group where they chat, network, and build relationships with other Bored Ape members, including celebrities who own a Bored Ape. Ape holders also have access to “The Bathroom,” letting them draw whatever comes to mind on a virtual bathroom wall every 15 minutes.

ApeCoin is the official currency for the Bored Ape ecosystem and is used to purchase BAYC merchandise, event tickets, and more. ApeCoin DAO is a decentralized autonomous organization whose members—every ApeCoin holder—govern the DAO’s treasury and decide on future projects by voting on proposals.

Also, owning a Bored Ape is considered a status symbol among many individuals, contributing to its popularity among a certain crowd.

The Future of Bored Ape Yacht Club

Bored Ape Yacht Club has a community of active members, and the NFTs are actively traded on marketplaces. The ApeDAO consistently votes on funding for different project proposals and is searching for ways to further involve itself in Web3 development.

As of July 2024, the BAYC appears to be positioning itself for the future, but what that future entails is anyone's guess. While funded and apparently popular among a specific crowd, the project has somewhat faltered in finding its place in the market after its initial successes.

How Much Are Bored Ape Yacht Club NFTs Worth?

The price floor for BYAC on July 25, 2024, was 9.30 ETH, which was about $30,000.

What Does a Bored Ape Give You Access To?

A Bored Ape NFT gives you access to the project's Discord channel and ApeCoin, which can be used in governance activities within the ApeDAO.

What Happened to Bored Ape Yacht Club?

The NFT collection still exists, and there is trading activity, but the NFTs in the collection have dropped in value compared to their highs in 2021. In July 2024, many were priced between $28,000 and $36,000, with a few in the $40,000 range.

BAYC has evolved into more than a profile-picture (PFP) NFT. It has set a new standard and pace for other NFT collections with the various additions and the project's evolution. Yuga Labs has introduced products built on the blockchain as well as physical products from the Bored Ape collection.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Read our  warranty and liability disclaimer  for more info.

OpenSea. “ Bored Ape Yacht Club .”

Yuga Labs. “ Let’s Make a NFT .”

Decrypt. “ The Biggest Celebrity NFT Owners in the Bored Ape Yacht Club .”

X. “ @BoredApeYC: Apr. 23, 2021 .”

BuzzFeed News. “ We Found the Real Names of Bored Ape Yacht Club’s Pseudonymous Founders .”

X. “ @TomatoBAYC: Feb. 8, 2022 .”

X. “ @SassBAYC: Feb. 8, 2022 .”

X. “ @yugalabs: Mar. 11, 2022 .”

OpenSea. “ CryptoPunks .”

Sotheby’s. “ Samsung’s State-of-the-Art 98 Inch Neo QLED TV on View at Sotheby’s .”

X. “ @Sothebysverse: Oct. 26, 2021 .”

X. “ @BoredApeYC: Nov. 28, 2021 .”

X. “ @gmoneyNFT: Nov. 28, 2021 .”

ApeCoin. “ ApeCoin Is for the Web3 Economy .”

Animoca Brands. " Animoca Brands Update on Financial Position as of 31 March 2024 ."

• Terms of Service
• Editorial Policy
• Privacy Policy
• Your Privacy Choices

• NFT Application

What is an NFT Monkey? Bored Ape Yacht Club NFTs Explained!

Key Takeaways:

• Bored Apes, part of the Bored Ape Yacht Club NFT collection, have become the most popular NFT monkeys
• Bored Apes are single NFTs known for their unique art style, featuring cartoon apes with various poses and traits, and their prices have skyrocketed
• The Bored Ape Yacht Club’s NFTs were created by Yuga Labs, a team of four individuals who developed the concept of an exclusive club

What is an NFT Monkey?

NFTs with monkeys are mostly known as Bored Apes from the NFT collection “Bored Ape Yacht Club”. 

They have influenced the NFT world as the most popular NFT collection . Since then they also exploded in value and all people in the NFT space know what they are. 

They were minted on Ethereum’s blockchain, which enables them to be transferred and exchanged with other people through the cryptocurrency ETH in a decentralized network. 

NFTs boomed in 2021, which was the same year the Bored Apes were launched . This collection of 10,000 apes in cartoon look has become the pioneer in NFT, similar to Bitcoin for cryptocurrency. 

But in contrast to Bitcoin, the Bored Apes were not the first NFTs or even the first “10k NFT” collection, which collections with 10,000 pieces are called. Another famous collection who pioneered with this amount of NFTs were CryptoPunks. 

CryptoPunks were released as NFTs were relatively new and unknown a few years before the Bored Apes. The monkey had just the luck that they started together with the massive NFT hype. 

Because of the hype about monkeys in the NFT space, many tried to copycat them with other NFT monkeys which is why people search for “NFT monkeys” to get a cheaper alternative.

What Are Bored Ape NFTS?

Bored Apes are single NFTs as a part of the Bored Ape Yacht Club collection. 

Launched back in 2021, they were sold for about $200 each. 

Prices skyrocketed up to $400,000 in their peak. They feature cartoon apes in various poses and traits, often accompanied by humorous captions. They became a sudden sensation in the NFT world and quickly gained popularity for their unique art style. 

The limited nature of these tokens makes them desirable to collectors. Bored ape owners hold one of the rarest and most desirable pieces of digital art available. It was so hyped that even prominent people bought these NFTs. 

This made owning a bored ape a privilege. A BAYC NFT is mostly used as a twitter profile picture to showcase them to the community.

Who Created the BAYC NFT From the Bored Ape Yacht Club?

The Bored Ape Yacht Club’s NFTs were created by Yuga Labs . 

Yuga Labs consists of four people known under the pseudonyms Gordon Goner, Gargamel, Sass and Emperor Tomato Ketchup. 

Gordon Goner and Gargamel are the co-founders with the other two helping from the technical development side. In the growing phase of Yuga Labs, all members revealed their real identity. 

Gordon Goner is Wylie Aronov, Gargamel is Greg Solano, Sass is Zeshan Ali and Emperor Tomato Ketchup is Kerem Atalay. The founders had an idea of a bar that was only accessible by members of an exclusive club. 

Apes should be the members and the concept of BAYC NFTs was born. The club only allows members who can prove their worth and loyalty by possessing an original Bored Ape. 

One thing most people don’t know is that the Bored Apes weren’t designed by the founders of Yuga Labs but by the artist Seneca . She designed the main characters with several traits. 

They were further co-artists designing backgrounds and further details for the apes.

Why is the Bored Ape NFT Collection So Valuable?

Today, Bored Apes are a status symbol. 

This gives them value. Many things in our life give value through branding, desire or perception rather than a real utility. 

We have things like expensive cars, real estate, watches or clothing. Nothing of it is necessary to be that expensive, but it is something successful people want to invest in to show their success. 

NFTs can work even better as a status symbol because of its digital benefits compared to physical goods. In the virtual world, it is a lot easier to showcase success to a sizable community as we can on Twitter or Facebook. 

If you use a popular NFT as your avatar, then millions of people can see it. Successful NFTs are like successful art. Many factors have to be met to make a difference between success and ordinariness. 

To be successful depends on if celebrities are involved, the general appeal for the mainstream or the utility the art can provide. The Bored Ape collection fulfilled all these criteria. 

They started to be hyped by known people and celebrities even bought these NFTs. This got the attention of the NFT community and the mainstream. This already gave this collection immense value because it was desired by many. 

Owners also get full commercial rights on these NFTs so they can use it to push their own businesses. This is not the general use case, and even some NFT creators prohibit commercial use. 

Aside from that, the Bored Apes NFTs give some real utility for their owners and make them even more desirable.

What Makes Bored Apes So Beneficial to Its Owners?

The Bored Ape Yacht Club is an actual club which provides its owner a unique platform for exclusive perks. 

The founders have combined the NFT with real physical advantages, which is part of their success. 

It provides members a variety of status symbols, including additional NFTs, real-world events or limited edition merchandise. Every owner of an Ape gets access to an exclusive discord server where all owners can connect with each other. 

Because some owners are prominent people, you can have the chance to chat with them directly. Another benefit is that members get access to limited merchandise articles which can be bought only by them. 

One of the most sought-after features are the real-world events, which can be accessed only by members . If you want to show success and buy one of these NFTs, this is the place-to-be. 

The last major perk you get is that you also get further NFTs from the secondary collections, like the Bored Ape Kennel Club or the Mutant Ape Yacht Club. These NFTs are also desired and members get exclusive access to them. 

All these features give an incredible value for those looking for an exclusive experience.

How BAYC NFTs Use the Ethereum Blockchain?

A Bored Ape Yacht Club NFT is built on the Ethereum blockchain. 

Like every other Non-Fungible Token, they have been tokenized and can be bought and sold with ether. 

This collection is sold on the popular NFT marketplace OpenSea, where you can still buy them today. Because they were minted originally on Ethereum, they cannot be bought with another cryptocurrency aside from ether. 

If an owner wants to trade his NFT, he needs to use OpenSea and Ethereum. Because of the success of this collection, the founders created their own cryptocurrency based on Ethereum’s ERC-20 standard, called an “Ape Coin”. 

This currency will be used for the other products created by Yuga Labs. The ERC-20 standard was developed by the Ethereum developers to offer a functioning ecosystem with decentralized applications (dApps). 

Yuga Labs is already building a metaverse called “Otherside” which also builds up on this ecosystem. With their own currency, they will provide a metaverse where users will buy land for their apes. 

The possibilities are endless and this product shows how the blockchain can be used.

Why Are There 10,000 Bored Apes?

Collections of 10,000 NFTs are the golden standard in the NFT world. 

Every excellent collection needs to have this amount of NFTs and they even have their own term, “10k NFTs”. 

#28 – How much does it cost to create 10,000 NFTs?

CryptoPunks pioneered with this amount and set this standard. One could ask why so many NFTs are necessary. It seems like a lot of work to design this amount. Because of this, such collections are created with the help of algorithms. 

There are specialized services called NFT generators which automatically create different variations based on the traits you provide. The algorithm takes all single traits and combines them in all variants. 

Therefore, you only need to design the main avatar and the single traits which need to be saved as separate layers or files. 

Compared to physical art, you can create such a collection a lot faster and this amount can provide you more income if you are successful compared to selling a collection of only a dozen pieces.

How Much Does a Bored Ape Avatar Cost?

Today, Bored Apes are listed with a floor price of 76 ETH , which amounts to $130,000 (Feb. 2023). 

Current prices go up to 10,000 ETH, which amounts to nearly $17 million. 

These are only offers, but they show how much value these NFTs provide. The most expensive sale was recorded at Sotheby’s as an auction where the Bored Ape #8817 was sold for $3.4 million. 

These prices seem insane, but Bored Apes are not the only NFTs selling for such prices. A lot of other collections are sold for high prices, too. This is just how it can be with art. One picture can be worth next to nothing and another one can be worth millions. 

This all depends on the circumstances of each design. The more unique and limited a design is, the more likely it will have a higher price tag. NFTs meet these criteria as their technology allows them to be unique and therefore limited. 

#29 – How much does it cost to create an NFT?

With an NFT, there always exists just one item. No one else can have a copy. This case is a great example that this technology can provide immense value.

What is the Bored Ape Kennel Club and Mutant Ape NFT?

The outstanding success of the Bored Apes led to additional collections created by their founders. 

The two collections are the Bored Ape Kennel Club and the Mutant Ape Yacht Club. 

Both collections used the blockchain technology in a specific way and showed how we can use it for further possibilities. The Bored Ape Kennel Club was created shortly after the original collection and provided all owners a new NFT for free. 

It displays a dog with the same look as its corresponding ape. Because every owner can be identified through the blockchain data, it was easy to create a new NFT and provide it to these owners. 

This shows how you can use the blockchain in a way to provide an owner with further products without hassle or needing additional data. This collection also has 10,000 NFTs, one Kennel per Bored Ape. 

The second collection with the Mutant Apes comprises 20,000 NFTs. When this collection was created, half of it was sold through a marketplace and the other half provided a special feature. 

All owners of the Bored Apes got the possibility of minting a new NFT with a “mutant serum” in different rarity categories. The owners could use this serum to mint a mutant version of their Bored Apes through a smart contract. 

This changed the look of the Bored Ape and was created in the form of a new Mutant Ape which got the owners another NFT. This shows what possibilities this technology can provide for the art or gaming sector.

Copycat NFT Monkey Art

The Bored Apes led to other collections artists created to repeat the success of them. 

#21 – What happens if you screenshot an NFT?

Other collections with monkeys are “awmonks” or “onchainmonkeys” which also provide monkeys as their main character. 

These collections are inspired by the Bored Apes but provide their own design. In the past, there were also copycats which copied the Bored Apes and just mirrored them. The original Bored Apes look to the right, the copycatted version looks to the left. 

Yuga Labs sued the artists, but they even tried to copy the collection on further marketplaces. This shows the legal aspects in terms of copyrights in the NFT world. 

#22 – Is it illegal to screenshot an NFT and could you get sued?

Even if NFTs are just digitally created assets, they also get the same copyright as every other creation. Otherwise, people just could copy all NFTs and mint them again to earn money.

What Does Having an NFT Mean?

If you have an NFT, then it means that you own it as the only person with access to its original data. 

This NFT will be a unique and non-fungible asset which gives it its value. 

The token is stored in the blockchain and only you have the access information for it. Because these NFTs are unique, they get value. The amount of value is dependent on how desired your NFT is. 

If it is a part of a popular collection, then its value can be extremely high. By owning an NFT, you can prove ownership for distinct assets, not only images but also music or even real estate. 

It further allows you to get exclusive access to products or services related to them. As the technology evolves, more applications will be developed. This way, we will eventually get more benefits.

What Can the Metaverse Provide?

A metaverse is a virtual world made with computer technology. 

The most known concept of it is already known as video games. 

But compared to the metaverse, they only represent a virtual world to play a game. A metaverse differs from a video game because it provides a virtual reality where people can interact with each other in a copy of the real world with original assets. 

It also combines computer animation with the advantages of the blockchain. The major use case is to use a cryptocurrency to allow buying things in the metaverse. 

This opens many possibilities to allow people to possess goods or collectibles in the virtual world with real ownership. This way people could buy land or real estate in this world and be the rightful owner of it. 

They could trade these goods exactly as in the real world. Businesses could rent virtual offices and have video meetings in it. This could open new opportunities for businesses and people to engage and work with each other, not possible in the real world.

How Much Does the Average NFT Costs?

It is not possible to tell the average cost of NFTs, but you can get many NFTs already for $20 – $100. 

The reason for this is that they can be worth any amount of money from nothing to millions of dollars. 

The value they provide heavily depends on factors such as the artist itself, the quality of the NFT and the demand for it. One of the most-known NFTs “Everyday’s: The First 5,000 Days” sold for more than $69 million. 

As with real art, there are nearly no limits and hype is the major factor to determine the price. NFTs that aren’t popular can even be sold for just a few bucks. This can be an excellent opportunity to start in the NFT space without investing too much. 

What you always should do is to inform yourself thoroughly before you make any purchase in the crypto space.

How Much is the Cheapest Monkey NFT?

If you want to go for a Bored Ape, the cheapest one to buy will cost you currently 76 ETH, which amounts to about $130,000 (Feb. 2023). 

If you want to go for any monkey NFT, then you could check out alternative collections like awmonks which start at about $35. 

Another alternative could be apeinvaders starting at $50. There will be many more alternatives with a variety of prices. These cheaper NFTs can also increase dramatically in prices if the value of Ethereum or the used cryptocurrency explodes. 

Maybe these cheaper NFTs could skyrocket or be a flop, losing their value. Choosing a good NFT can be a bit of gambling. There is always a bit of luck needed to get a cheap NFT, which then rises in demand.

Conclusion: What is an NFT Monkey?

The Bored Ape Yacht Club (BAYC) and its NFT collection of Bored Apes have become a significant phenomenon in the world of NFTs. These unique digital assets have gained immense popularity and value, thanks to their art style, limited availability, and association with prominent individuals and celebrities.

The BAYC NFTs have become a status symbol, serving as a showcase of success and providing owners with exclusive perks within the Bored Ape community. The use of the Ethereum blockchain has enabled the seamless trading and ownership of these NFTs, further enhancing their value.

Disclaimer:

The information provided on this blog is for general informational and educational purposes only. It is not intended as financial, legal, or investment advice. Cryptocurrency investments are volatile and high risk in nature; it is possible to lose your entire investment. We are not financial advisors, nor do we purport to be.

While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or applicability of any information provided. The views and opinions expressed on this blog are solely those of the authors and should not be construed as professional advice. We do not endorse or guarantee the performance of any cryptocurrencies, projects, or companies mentioned herein.

Readers are encouraged to conduct their own research and consult with a professional financial and legal advisor before making any investment decisions. The owner of this website and the authors of its content will not be liable for any losses, injuries, or damages from the display or use of this information. Use of this information is at your own risk.

Explore More!

Litecoin Segwit Support: A Comprehensive Guide

What is Access Control in Solidity? Solidity Contract Security

Staking Benefits of Cardano (ADA): Understanding the Advantages

Find anything you save across the site in your account

Why Bored Ape Avatars Are Taking Over Twitter

On social media, agreements are tenuous and alliances fleeting. It pays to be as incendiary as possible—conflict drives more engagement than politesse or coöperation. But, at the beginning of May, Kyle Swenson, a twenty-five-year-old clothing reseller in Orlando, Florida, noticed a shift in the tone of his Twitter feed. An increasing number of accounts that he followed were changing their avatars to cartoons of apes: apes sporting sunglasses or bunny ears, apes with leopard-patterned or rainbow fur, apes smoking cigars or shooting laser beams from their eyes. Many wore blasé expressions or toothy grimaces. Some had cigarettes dangling from their mouths, or the red eyes of the deeply stoned. Amid the Twitter melee, the apes were chatting among themselves, chill and supportive. The avatars came from a Web site called Bored Ape Yacht Club , which had officially launched on April 30th, offering ten thousand unique iterations of the cartoon primates for sale as non-fungible tokens (N.F.T.s), each at a price of about two hundred dollars in Ethereum cryptocurrency. A Bored Ape N.F.T. “doubles as your membership to a swamp club for apes,” the site advertised, below an illustration of a ramshackle wooden building festooned with strings of multicolored lights.

Within a day after the launch, all ten thousand Bored Ape Yacht Club images had sold out. By the time Swenson decided that he wanted to buy one, on May 3rd, he paid around seventeen hundred dollars on OpenSea, an N.F.T. marketplace. His ape has a preppy look—sailor hat, gingham shirt, puffer vest—“similar to how I like to dress,” Swenson said. A few weeks later, he bought another. He had previously traded N.B.A. Top Shots, basketball-game highlight videos in N.F.T. form, but this felt more consequential. “It was fear of missing out,” he told me. “I was watching a lot of people whose opinions I valued on N.B.A. Top Shots change their picture to an ape.” Matt Galligan, the co-founder and C.E.O. of a messaging network for crypto called XMTP, who had managed to buy four Bored Apes during the launch, told me, “It became a status symbol of sorts, kind of like wearing a fancy watch or rare sneakers.”

Bored Ape Yacht Club’s initial batch of N.F.T.s brought in more than two million dollars. The collection has since seen almost a hundred million dollars in trading, with the cheapest apes often going for almost fourteen thousand dollars. In recent months, the project has inspired a wave of similar clubs and a mania for N.F.T. avatars among crypto-enthusiasts. Collectors can buy cutesy cartoon cats from Cool Cats , which released thousands of its own N.F.T.s on July 1st and sold out soon after. (Mike Tyson has one as his Twitter avatar .) They can buy angular sci-fi women from Fame Lady Squad , punkish ducks from SupDucks , 3-D-rendered pills from BYOPills , meme-ready shiba inus from The Doge Pound , and bonsai trees from Zenft Garden Society . New projects launch every week, hyping their wares on Twitter, the principal public home of crypto discourse, in the hope of selling out in turn. “Everyone saw the success of Bored Apes and started quickly dropping their own projects,” Aleksandra Artamonovskaja, the London-based founder of the curatorial consultancy Electric Artefacts, who has bought and sold a number of N.F.T. avatars, said. “I’m paying my rent by trading JPEG pictures on the Internet. That’s what I tell my parents.”

Each avatar club is a strange combination of gated online community, stock-shareholding group, and art-appreciation society. When one ape (or cat or pill or alien) is bought for a high price, the perceived value of all ten thousand authentic N.F.T.s in the set rises, the same way a painting fetching a record price at auction might increase the value of an artist’s entire œuvre. When a buyer makes his Twitter avatar an image from a new N.F.T. club, it’s a sign of allegiance, and also a signal to other buyers in the club to follow him on social media. (“I changed my picture to the ape and I got hundreds of Twitter followers the first day,” Swenson said.) The center of most clubs is Discord, the real-time chat app. Bored Ape Yacht Club’s Discord server has more than thirteen thousand members—fans as well as N.F.T. owners—and hosts constant discussion in channels such as #crypto-talk and #sports-bar. The mutual investment, both social and financial, forms a kind of bond among club members within the wider Internet bedlam.

“When everyone’s got skin in the game, it creates a new dynamic, as opposed to everyone being able to say what they want and critique everything without consequence,” Drew Austin, a technology investor who owns three Bored Apes and co-owns two others, told me. That sense of community has been missing from the Internet, according to Bored Ape Yacht Club’s founders. Contrary to their reputation for superfluousness, N.F.T.s can help fill the void. “We want your Bored Ape to be your digital identity,” Gargamel, one of the founders, told me during a recent video chat. It’s a collectible not to hang on the wall or exhibit on a shelf but to populate the tiny square or circle of screen space that’s supposed to represent your self.

Gargamel and his co-founder, Gordon Goner (both go by pseudonyms), are unlikely tech impresarios. Before starting Bored Ape Yacht Club, Gargamel was working as a writer and editor. Goner was planning to attend an M.F.A. program but fell ill and took up cryptocurrency day trading instead. The pair, both thirtysomething, are “literary nerds,” according to Gargamel, who wears wire-rimmed glasses and a carefully trimmed goatee. They grew up in Miami and met, a decade ago, while drinking at a bar. Goner, who has tattoos covering his chest, told me, “We got into a big screaming match about David Foster Wallace.”

By the time Gargamel and Goner began brainstorming an N.F.T. project, early this year, avatar clubs were a nascent trend. Gargamel and Goner were familiar with CryptoPunks, a batch of ten thousand pixelated figures, which became the blue-chip art of the N.F.T. market after their release, by a company called LarvaLabs, in 2017. CryptoPunks, which now can sell for as much as two hundred thousand dollars apiece, weren’t originally the basis for a social avatar club, but some collectors ( including Jay-Z ) use them as avatars—flaunting one as your profile pic, or “P.F.P.,” was the ultimate symbol of digital cachet. “It’s like having a Harvard degree in the N.F.T. space,” Austin, who owns two, said. Gargamel and Goner also noticed the success of Hashmasks, an artistic venture that sold 16,384 N.F.T. images in January for a total of more than sixteen million dollars . Both of those projects were closed systems; their developers didn’t promise any expansion beyond the initial, limited release. Gargamel and Goner sought an idea they could keep growing over time. “We were seeing the opportunities to make something with a larger story arc,” Gargamel said.

One early idea that the duo considered was CryptoCuties, a set of N.F.T. “girlfriends,” but it struck them as too pandering—not to mention creepy. (The male-dominated crypto world can sometimes feel like a frat house; the creators of one recent avatar project drew criticism, and later apologized, for featuring female figures with darkened eyes and duct-taped mouths.) Another concept was a shared digital canvas: anyone who bought in could draw on it. But that seemed liable to be treated like a bathroom wall at a dive bar. “The first thing someone’s going to draw up there is a dick,” Gargamel said. The image of an online dive bar stuck with the pair, though, and from there a science-fictional story line took shape. The year is 2031. The people who invested in the early days of cryptocurrency have all become billionaires. “Now they’re just fucking bored. What do you do now that you’re wealthy beyond your wildest dreams?” Goner said. “You’re going to hang out in a swamp club with a bunch of apes and get weird.” Why apes? In crypto parlance, buying into a new currency or N.F.T. with abandon, risking a significant amount of money, is called “aping in.” “We also just like apes,” Goner told me.

Avatar projects up to that point tended to employ low-resolution, often pixelated imagery, in the style of eight-bit video games. Whether of people or monkeys or ghosts, the figures were fairly generic. Bored Ape Yacht Club, by comparison, created rich and detailed iconography drawn from its founders’ personal tastes. The setting of an Everglades “yacht club” (an ironic appellation) was meant to evoke places like Churchill’s Pub, a well-worn Miami music venue that Gargamel and Goner frequented. “We were deeply inspired by eighties hardcore, punk rock, nineties hip-hop,” Goner said. “We’ve been calling ourselves the Beastie Boys of N.F.T.s.” From the scenes of an apocalyptic tiki bar on its Web site to the jaunty style of the apes themselves, Bored Ape Yacht Club felt more like the plans for a triple-A video game than an assortment of isolated N.F.T.s. The combination of sophisticated visuals, subcultural fashion accessories (shades of Hot Topic), and literary pretension made the Bored Ape universe catnip to a certain crypto-bro demographic. “We took lessons from the Hemingway iceberg theory,” Gargamel told me. “Ten per cent visible at the top, with all the scaffolding built out beneath.”

Gargamel and Goner brought on two other friends, programmers who go by the names No Sass and Emperor Tomato Ketchup, to handle the necessary blockchain coding. To execute the project’s graphics, they hired professional illustrators, which accounted for most of their upfront costs (around forty thousand dollars, according to the group). As with many avatar clubs, the cartoon ape features were then fed into an algorithmic program that randomly generates thousands of images with unique combinations of bodies, heads, hats, and clothes, like digital dress-up dolls. Certain traits—rainbow fur, laser eyes, togas—show up only rarely, making apes that sport those looks more desirable, and thus more valuable. Each image remained hidden until the initial collector paid for it, so buying one was a bit like playing a slot machine—get an ape with the right alignment of traits and you can profit wildly by flipping it. It’s also a bit like participating in a multilevel marketing scheme. Often, a small number of crypto-whales buy hundreds of N.F.T.s apiece and then sell off their hoards when the price rises; new collectors must constantly be found in order for prior ones to profit.

Plenty of N.F.T. projects fail, or simply don’t spark a secondary market. Creators have been known to “rug-pull,” abandoning a venture and absconding with collectors’ money. Artamonovskaja, the founder of Electric Artefacts, speculated that Bored Ape Yacht Club caught on because of its relative accessibility. “No one can afford a CryptoPunk,” she told me. The apes seemed like the next best thing to buy—“a cool avatar for a decent price.” Artamonovskaja flipped an ape for around fifteen hundred dollars soon after the launch, which she now regrets; the same one (wearing a Bored Ape Yacht Club-branded baseball cap, with a pop-punk vibe) is currently fielding offers for upward of twelve thousand dollars.

For the founders, who netted two million dollars with their initial sale, releasing new N.F.T.s is not unlike printing money. The winsome goofiness of the imagery belies the amount of capital at stake. Austin, the investor, told me that he approaches buying avatars like he’s “diligencing a venture deal, which is funny because I’m looking at a fucking Bored Ape.” Still, Goner told me that he and the other founders don’t like to think of the apes as “investment vehicles.” He added, “If you think of it in terms of artists and weirdos running a hedge fund, that’s going to give us a heart attack.”

As with many crowdfunded projects, the creators of each N.F.T. club present a “road map” for prospective buyers prior to launching, explaining what they will do with the money they raise. They promise YouTube channels, donations to charities, extra N.F.T.s for collectors, and physical merchandise. Bored Ape Yacht Club has sold branded baseball caps, donated hundreds of thousands of dollars to ape sanctuaries , and offered each collector a dog N.F.T., courtesy of the Bored Ape Kennel Club. But it was also one of the first clubs to offer individual buyers the commercial rights to the apes they own: each member is allowed to brand his own projects or products and sell them independently. In the three months since the club launched, Bored Ape owners have put the cartoon primates on lines of craft beer and created animated YouTube series , made painted replicas , and designed skateboard decks . Kyle Swenson, the clothing reseller, launched a publication called the Bored Ape Gazette, to cover the community. One owner named their ape “Jenkins the Valet,” gave him a backstory as the Yacht Club’s chief gossip, and is crowdfunding an ape-themed novel. (N.F.T.s aren’t wholly secure—ownership is denoted only by a line of code on the blockchain, and anyone can theoretically copy an ape image and use it as an avatar. But the clubs police such appropriation. “Crypto Twitter has this understanding: you just don’t steal someone’s avatar,” Artamonovskaja told me.)

For most brands that produce culture, whether Supreme streetwear, Marvel superheroes, or pop music, letting intellectual property circulate freely is verboten; exclusivity is the business model. The Bored Ape Yacht Club founders, by contrast, see their openness as an asset. “Anything that people create with their apes only grows the brand,” Goner said. Just as Silicon Valley startups obsess over software that is “scalable,” growing exponentially to serve more users, N.F.T. clubs aim for scalable culture; like open-source software, their cultural creations can expand organically through the efforts of many users while remaining recognizable, resulting in a kind of user-generated mythology. Dom Hofmann, the co-founder of the now defunct social network Vine and the creator of an N.F.T. club project called Blitmap, told me, “It’s taking a gamble on the idea that, in aggregate and over time, the fans might know what’s best for the universe that they care about.” Austin, the investor, envisioned Bored Ape Yacht Club as a potential “decentralized Disney” of the future.

In part, it’s this possibility that makes buying into N.F.T. clubs so desirable: purchasing the hot new avatar might be like acquiring a small fraction of the rights to the next Mickey Mouse. But, as for the punk bands that inspired Bored Ape Yacht Club, getting too big can be read as selling out. What makes a group cool and what makes it rich do not necessarily align. Galligan, the startup founder, has kept two of his four Bored Apes. One of them, a creature in a beanie and heart-shaped sunglasses, is set as his Twitter avatar—for now. “The more it’s associated with status, the less I feel inclined to keep it,” Galligan said. “If a club’s only purpose is ‘number go up’ ”—the crypto chant for rising prices—“well, that’s kind of lame.”

A previous version of this article mischaracterized the origin of CryptoPunks.

New Yorker Favorites

• Why walking helps us think .
• Was Jeanne Calment the oldest person who ever lived —or a fraud?
• Sixty-two of the best documentaries of all time .
• The United States of Dolly Parton .
• Was e-mail a mistake ?
• How people learn to become resilient .
• Sign up for our daily newsletter to receive the best stories from The New Yorker .

Bored Apes Yacht Club: The monkey business behind the world's most expensive NFTs

Celebs and NFT platforms sing the project's praises—while secretly pursuing their own interests

BAYC drop was a flop

Whales gonna whale, ape flex with pfp, yuga labs earns with each resale, why give away 100 valuable nfts, nfts are a hell of a drug, nfts was the case they gave me, steph curry inflates google search, jimmy fallon uses moonpay, nft services crack the mainstream with celeb power, yuga labs is worth billions.

The Bored Ape Yacht Club has become one of the most-prestigious NFT projects on the planet. But what kind of tactics did it employ to tower above the millions of other not-really-dissimilar NFT collections? OMR cut through the monkey business and found companies pushing the project on the downlow—all in the pursuit of their own interests.

An exclusive club with a logo featuring a comic ape, membership perks like exclusive parties and members such as A-listers like Eminem, Snoop, Serena Williams, Gwyneth Paltrow and NBA star Steph Curry—if you’ve heard of the Bored Ape Yacht Club (BAYC) that description would seem more than apt.

It’s been long road for BAYC to reach its current in-demand status. In April 2021, Yuga Labs, the company founded by two thirtysomethings behind the BAYC , releases 10,000 NFTs (If you’ve been living under a digital rock for the past year+ here is our detailed breakdown of WTF NFTs are ) to attract NFT collectors. The pre-launch drop flops; only 650 BAYC NFTs are sold.

It’s not until the "reveal" and the official launch that two influential individuals from the crypto scene snatch up several BAYC NFTs and start banging the drum: NFT entrepreneur Jimmy McNelis aka "j1mmyeth" finds out about the BAYC from a tweet from an "Honorary Ape" ( a  collection of 35 NFTs of special members , that Yuga Labs gifted to smaller-scale crypto influencers). McNelis buys 100, then 320 more, tweets repeatedly about it (at the time McNelis has followers in the low 5-figure range) and ends up elevating BAYC’s profile in the crypto scene.

Recommended editorial content

At this point you will find external content from Twitter that complements the article. You can display it with one click.

I consent to external content being displayed to me. This allows personal data to be transmitted to third-party platforms. Read more about our privacy policy.

While this is going on, McNelis recommends BAYC to a group of business associates in a private chat (listen to the exchange in the Gary Vaynerchuk podcast ), including anonymous NFT collector "Pranksy." He gained notoriety in the scene as a collector of NBA Top Shot NFTs (Top Shots are video moments from the NBA packaged and dropped as digital trading cards). Pranksy is said to have turned a USD 600 investment into an NFT portfolio worth several million dollars .

There are divergent opinions about whales in NFT circles like Pranksy. On the one hand, they are admired for the success they’ve had. Even more, as they often purchase numerous NFTs from new collections, they help generate awareness and subsequent demand. On the other hand, some of these NFT whales have a reputation of being able to inflate prices and a collection’s value just through their name and social media reach—only to sell high and make bank. Smaller investors are then left holding the losses of a given project.

On May 1, 2021, Pranksy buys 250 BAYC NFTs and over the course of the coming hours expands his collection to a total of 1250. Just like McNelis, Pranksy tweets repeatedly about the purchases—at the time, Pranksy has nearly 50k followers on Twitter. These two "sweeps" unleash a snowball effect: interest in BAYC NFTs skyrockets, the message spreads rapidly on crypto Discord servers and the Bored Ape logo becomes a status symbol on crypto Twitter. It takes Yuga Labs fewer than 12 hours to sell out the entire collection—an estimated USD 2.8m in revenue for the company.

In an interview  a week later, the BAYC founders confirm that McNelis and Pranksy were both instrumental in the success of the project. They underscored, however, that they had zero prior contact to the two NFT entrepreneurs—only after McNelis' initial purchase did the team send him a message thanking him.

In the months post-launch, McNelis and Pranksy continued to raise awareness for the BAYC—in their unofficial role as BAYC marketing ambassador to celebs, as well. In August, Pranksy, for example, sells a BAYC NFT to superstar DJ Steve Aoki, who tweets it out to his 8.2 Twitter followers . Two months before, in June, Pranksy sold Bored Apes to NBA players Josh Hart of the Portland Trail Blazers and Tyrese Haliburton of the Indiana Pacers. When the two teams meet in November 2021, Haliburton wears custom sneakers featuring his Ape, which leads to Hart taking to Twitter and pointing out that his Ape is better (because it has rarer attributes) than Haliburton’s.

These episodes further push the standing of the BAYC. At the same time selling BAYC NFTs figures to have made Pranksy several million dollars in profit. Yuga Labs also earns on these transactions.  According to multiple reports and social posts, the BAYC NFT smart contract includes a 2.5% commission for Yuga Labs on each subsequent sale.

McNelis also sells several of his Bored Apes – and at least one of them for an incredible sum of money. In October, one of his primates fetches USD 3.6m at a Sotheby's auction. But he also gives away 100 BAYC NFTs for free, as he disclosed in the Gary Vaynerchuk podcast . "Why? Because I can hack into people’s brains." He says that when he gives something to someone that he knows is going to increase in value, he basically plants an NFT virus in that person. He also gave Vaynerchuk five apes, as Gary V has confirmed.

McNelis is a serial entrepreneur in the NFT space: In 2020, he launched an NFT project under the name " Avastars ," he runs the Tokensmart community and founded the company NFT42 . One of the products of the service provider: Nameless , a service that lets brands and companies launch and manage NFT collections. Some of the first onboarded clients include Pranksy (who runs NFT subscription service NFTBoxes) and Vaynerchuk, who has his NFT collection and community Vee Friends. McNelis has a vested interest in promoting NFTs as a medium.

During a panel discussion in November 2021 with Vaynerchuk as a part of the NFT.NYC event, McNelis draws an even more interesting description than planting a virus. When asked how to evangelize others about NFTs to others, McNelis said , "Give them a rising NFT. Give them an Open Sea account (an NFT marketplace editor’s note) and notifications so they can see the offers. It's their first hit of crack and they're hooked." Gary Vaynerchuk then cracks, “so you’re a drug dealer. But I agree with you!" Just 10 minutes before, Gary Vaynerchuk stated that carnage was imminent as so many people had invested their personal assets in NFTs and many would end up being worthless.

Nevertheless, he is a major player in the scene. In the past three years, Vaynerchuk has transitioned from an entrepreneur's guru and social media ambassador to a crypto bro. Not only does he have his own NFT community with "Vee Friends," but since July 2021 his company, Vaynermedia, also has a subsidiary, VaynerNFT , that helps brands enter the NFT space. Its first client: AB Inbev, owner of beer brand Budweiser.

Vaynerchuk is not alone in his efforts to raise the mainstream profile of NFTs. Other celebs and well-known names from the US tech and entertainment scene are active participants as well. Jimmy McNelis is well connected to several of them. As he stated in the "Metaverse Podcast" (starting at 46:33), his NFT42 venture completed Seed funding in February 2021. Participants included Sound Ventures (the crypto fund of movie star and tech investor Ashton Kutcher and Guy Oseary, manager of U2 and Madonna), tech billionaire and owner of the Dallas Mavericks Marc Cuban, Salesforce founder Marc Benioff, Live Nation CEO Michael Rapino, Nick Adler (head of brand partnerships for Snoop) and Gary Vaynerchuk’s holding company Vaynerfund.

Oseary even took on a management role for Yuga Labs in October 2021 . The NFT scene is closely knit—and the line between NFTs and the entertainment scene blurred. McNelis, for example, founded a virtual band, named Kingship, with four Apes from the Yuga Labs collection. The band is signed by 10:22, a new sublabel of Universal Music. Purchases of Bored Apes are also making more headlines. Some of the famous buyers, like NBA star LaMelo Ball from the Charlotte Hornets, use the purchases to plug their own NFT collections . It is what it is—never clear what’s done on conviction and what’s done in blatant self-interest.

Another example: When Justin Bieber posted a picture of a Bored Ape to his 220 million followers on Instagram in late January 2022, the entire world just assumed that the music superstar bought it himself. But it seems that the owner of the BAYC NFT is actually Bieber’s business partner Gianpiero D'Alessandro , designer for Bieber’s fashion line Drew House who recently released the NFT collection Inbetweeners , which Bieber has promoted as well. According to Coindesk , shortly thereafter “the InBetweeners Twitter account began gloating about how the (maybe) Bieber-owned NFT was inflating the price of [D’Alessandros] InBetweeners NFTs.

At this point you will find external content from Instagram that complements the article. You can display it with one click.

But probably the biggest awareness push for BAYC came from NBA superstar Steph Curry, who, as far as we can tell, has no vested interest. In August 2021, Curry bought a Bored Ape for USD 180,000 and uses it occasionally as his Twitter avatar (Curry has 15.5 million followers) and joined the BAYC Discord server for a quick chat . Both his celebrity and the price make headlines; the impact is also recorded by Google Trends , which registered a spike in searches for BAYC in the next week.

After all of these events helped advance the BAYC brand beyond crypto circles, the project then reached the next level: Infrastructure platforms from the crypto and NFT space begin piggybacking off the brand’s mainstream status to indirectly market themselves. Crypto payment service Moonpay especially has profited from the practice. In December 2021, it sponsored "Ape Fest," an exclusive party for the BAYC community in New York, where, among others, rapper Lil Baby performed.

A month before, during an interview with NFT artists Mike “Beeple” Winkelmann, late-night host Jimmy Fallon announced that he had purchased his own "Bored Ape" —thanks to  Moonpay, "which is like Paypal, but for crypto." In November, clips of a “Mutant Ape” that Lil Baby acquired using Moonpay went viral on Tiktok. Then there is rapper Post Malone whose song "One Right Now," which has 44.6m views on Youtube, shows him using Moonpay to buy a Bored Ape right at the start of the video. He also posted screenshots of it on Instagram and Twitter and tagged the company.

At this point you will find external content from YouTube that complements the article. You can display it with one click.

"As we strive for mass adoption, we understand that big splashes can go a long way in providing visibility for those outside the crypto space," writes Corey Barchat on the Moonpay blog . " This level of exposure can only happen with Bored Apes."

Moonpay has continued the practice. In late December, Snoop announces on Twitter that he bought a "Bored Ape," "Mutant Ape" and Bored Ape Kennel Club NFT. In a follow-up tweet,   he thanks both Moonpay and Jimmy McNelis, who sold him NFTs. The celebrity NFT Moonpay boom reached its climax, so far at least, in late January when Paris Hilton and Jimmy Fallon showed each other their apes during Fallon’s show —again thanking Moonpay. A video of the cringy scene went viral.

US journalist Max Read made an attempt to map the "NFT Celebrity Complex." He speculates that Creative Artists Agency (CAA) might be instructing its clients to push NFTs, because CAA is an investor in NFT marketplace Open Sea—the most-important platform in the space at the present and who earns a commission on every transaction. CAA represents stars Ashton Kutcher and Jimmy Fallon, as well as "Jenkins the Valet," a fictitious BAYC NFT character, who is set to release an autobiography , and NFT collector 0x1b , who owns Bored and Mutant Ape NFTs as well.

Yuga Labs, the company behind the BAYC figures to have generated a massive amount of revenue with the project. In addition to the USD 2.8m of Bored Apes and the USD 90m from Mutant Ape sales, there are commissions on resales. Estimates made by Cryptoslam on BAYC- and MAYC NFTs including the secondary markets put the total revenue at USD 2.17b. For Yuga Labs, that could mean an additional USD 54m in revenue from commission. According to the Financial Times , the company is in negotiations with the most well-known US VC venture Andreessen Horowitz about a possible investment, based on a valuation between 4 and 5 billion dollars.

Related Articles

Talk of the Town Scott Peterson 8/2/2024 Millions in revenue with chatbots—Has Character.ai stumbled on the first-functioning AI business model?

Free Online Seminars

KI im Marketing: 3 Ideen, die du direkt ausprobieren solltest

Kreative Anarchie: 5 Tipps für deinen Ideenprozess

NEW collection of Pirates MONKEY

WELCOME TO THE BORED APE YACHT CLUB

Bored Ape Yacht Club, NFT Monkey or BAYC for short, is a popular NFT project that has taken the cryptocurrency and digital art world by storm. Launched in April 2021, BAYC is a collection of 10,000 unique ape NFTs, each with its distinct item and characteristics. The project was created by a group of anonymous developers and has quickly become one of the most sought-after NFTs on the market.

The Bored Ape Yacht Club they are more than just apes, however. It is also a social club for its owners, who are referred to as “Ape holders”. The club offers a range of benefits and perks, including access to exclusive events, merchandise, and even real-world experiences like yacht parties and private dinners. The club’s Discord channel is a lively and active community where Ape holders can connect, collaborate, and share their love for the project.

One of the most impressive things about BAYC is the level of creativity and attention to detail that has gone into each ape. From the color of their fur to the accessories they wear, each ape is unique and has its personality. Some apes wear sunglasses or hats, while others have tattoos or piercings. Even a few apes are depicted smoking cigars or holding drinks, adding to the overall sense of sophistication and exclusivity.

The rarity of certain traits and accessories has led to some apes becoming incredibly valuable on the secondary market. Some of the most sought-after apes can sell for tens or even hundreds of thousands of dollars, making BAYC one of the most lucrative NFT projects out there for the creator.

Despite the high prices, BAYC has become a popular project among both serious collectors and casual enthusiasts. Its success has inspired several other NFT projects to follow suit, creating their unique art and offering exclusive perks and benefits to their owners.

After conducting experiments and comparisons, we determined that Bored Ape Yacht Club is a truly innovative and groundbreaking project that has captured the imagination of the NFT community. With its stunning artwork, unique social club concept, and rapidly increasing value, it’s no wonder that BAYC has become one of the hottest and most talked-about projects in the world of cryptocurrency and art.

THE DETAILS

The Pirates Apes collection is a highly sought-after series of digital monkeys, with only 10,000 unique specimens in existence. Each monkey has its unique appearance, personality, and backstory, making them highly collectible and valuable. The collection features monkeys dressed in pirate garb, with each monkey sporting a unique item, hat, weapon, parrot, bomb, treasure map, and other accessories. The colors and patterns of each monkey are also unique, with some monkeys featuring rare and coveted traits. The scarcity and uniqueness of each pirate’s Apes make them popular among collectors. Based on our own experience, all predictions are that they will become even more popular and expensive than Bored Apes Yacht Club.

The world of non-fungible tokens (NFTs) has exploded in recent years, with unique digital assets fetching millions of $ at auction. One of the most popular NFTs is that of Bored Apes, Mutant Apes, and Pirate Apes.

All of them monkeys have taken the NFT world by storm, each with its unique style and backstory. The Bored Apes Yacht features 10,000 unique apes, each with its distinctive traits and accessories. The Mutant Apes collection is a spinoff of the Bored Apes, featuring mutated versions of the original apes. The Pirate Apes collection is inspired by the Pirates of the Caribbean franchise, featuring monkeys dressed in pirate garb and wielding swords and pistols.

These collections have become highly sought after by collectors and investors alike, with some of the rarest monkeys fetching millions of $ at auction. The popularity of these NFTs can be attributed to their rarity and uniqueness, as well as their ability to be easily transferred and traded on the blockchain. Their sales range from $50 to $200,000, with an average price of $110,000 and the most expensive ~$1,600,000 to $1,700,000. Also, we will help you in your work and calculate prices in Ethereum and Bitcoin. We have a chain price of 0,03 Ethereum or 0,0021 Bitcoin to 127 ETH or 8,9 Bitcoin with an average price of 70 Ethereum or 5 Bitcoin and the most expensive ~1020 ETH or 71 Bitcoin to 1085 ETH or 76 Bitcoin.

But the appeal of these Bored Apes goes beyond their monetary value. Creators, collectors, and fans of these Bored Apes have formed tight-knit communities, sharing their love for these creatures and bonding over their shared interests. These communities have also led to the creation of fan art, memes, and other forms of creative expression, further cementing the popularity of these primates.

The rise of NFT Monkeys, such as the Bored Apes, Mutant Apes, and Pirate Apes, is a testament to the power of art and community. These collections have captured the imagination of collectors and fans alike, creating a new frontier in the world of art and investment. When you invest in Bored or Mutant Ape, you have the right to know where your $ money is going and how it is being used. We believe in transparency, privacy, and accountability, and we strive to keep our investors informed every step of the way.

In addition to being a great platform for investing, Monkey NFT is also a great place to sell your NFTs. If you’re looking to make some extra cash, you can list your Apes NFTs for sale on our platform. We will help and take care of all the details, so you can focus on finding the right buyer.

We believe that everyone should have the opportunity to invest in crypto and not go to work. That’s why we offer a wide range of investment options, with prices starting as low as just 1000 dollars $. Whether you’re an experienced investor or just getting started, we have an investment option that’s right for you.

And if you’re looking to invest from your home, Apes NFT is the perfect solution. You can invest from anywhere in the world in privacy, at any time of day or night. All you need to have and know – it’s an internet connection and a few dollars $ to get started.

Apes NFTs are the ultimate marketplace for investing in the world of crypto. Our platform is built on the secure Ethereum blockchain chain, ensuring that your investments are safe and your privacy is protected. With millions $ of already sold and prices starting at just $50, Ape NFT is the perfect place to invest your $ money.

At Monkey NFT, we believe that everyone should have the opportunity to invest in crypto. That’s why we offer a wide range of investment options, with prices to suit every budget. Whether you’re an experienced investor or just getting started, we have an investment option that’s right for you.

Our company is not just a marketplace, it’s a community. You can use our platform to connect with like-minded individuals, share ideas, and learn about the world of crypto. Our team of experts is here to help you every step of the way, providing you with the resources you need to succeed.

Investing with Bored Apes is easy. Simply sign up, choose your investment option, and start purchasing. Our company is user-friendly and easy to use, making investing in the world of crypto accessible to everyone.

So don’t miss out on the opportunity to make your $ money work for you. Become an owner of Bored Apes today and start investing in the future of crypto. With prices starting at just $50 and the potential for great returns, Bored Apes is the perfect place to invest your $ money and make your dreams a reality. NFT Monkey Art has already sold millions of $ worth of tokens, and the value is only expected to go up. Now is the time to sign up and get in on the action.

These unique pieces of digital art have been making headlines in the media lately and for good reason. Apes NFTs are not only visually stunning, but they also hold a significant value in terms of price and cultural significance.

Each Apes NFT is made with care and attention to detail, ensuring each piece is unique. These digital collectibles are designed to be visually striking and memorable, and they have quickly become a favorite among collectors worldwide.

If you’re looking to get your hands on an Apes NFT, you’ll want to keep an eye out for the next drop, go to our contacts, and have available $. These drops are highly anticipated events, with collectors lining up for a chance to own one of these rare digital treasures. With millions of dollars $ being spent on Primates NFTs, it’s important to us that these digital assets aren’t going anywhere.

If you do manage to snag Apes NFTs, you’ll want to be sure to show it off on social media. These digital collectibles are a great way to showcase for us your support for the crypto community and the amazing things that can be done with Bitcoin and blockchain technology.

Of course, as with any digital asset, it’s important to read the terms and conditions before making a purchase. Apes NFTs are no exception, and it’s important to understand the terms of sale and the rights reserved by the party selling the asset.

If you’re looking for support in your Apes NFT journey, you can turn to social media platforms like Twitter, where you’ll find a vibrant community of Monkeys NFT enthusiasts. Here, you can connect with other collectors, learn more about the culture of Apes NFTs, and stay up-to-date on the latest news and drops.

NFT Monkey is a new and exciting way to invest in the world of crypto. If you’re looking for a way to make some $ in the cryptocurrency world, Apes NFT is worth checking out.

The Future of NFT Monkeys

Potential Use Cases

As the NFT market evolves, we can expect to see new and innovative use cases for NFT Monkeys. Some potential applications include:

• Integration with virtual reality (VR) and augmented reality (AR) platforms, enabling users to interact with their Monkeys NFT in immersive digital environments.
• Cross-platform compatibility, where NFT Monkeys can be used in various online games and applications.
• Social networking and community-building features that allow NFT Monkey owners to connect, collaborate, and create value together.

NFT Monkey – is a unique asset in the form of a monkey, created as a non-fungible token (NFT) on a blockchain. These digital monkeys can have different traits, accessories, and appearances, and are often part of a larger collection with a unique backstory. NFT monkeys have gained popularity in recent years due to their rarity and unique features, making them highly sought after by collectors and investors in the world of NFTs.

The website Nft-Monkey.com is a comprehensive online resource that provides information about all the available NFT monkeys in the market. This website collects data on various NFT monkey collections, including Bored Apes, Mutant Apes, and Pirates Monkeys. Users can browse through the different collections and view details about each digital monkey, such as rarity, traits, accessories, and auction history. The website also offers news and updates on the latest developments in the NFT monkey world

1. Open your Chrome Browser

2. Install MetaMask Wallet

3. Open the OpenSea website

4. Type in the search for – NFT Monkey Art Pirate Club

5. Select any monkey and click – buy.

NFT Monkeys are valuable because they are unique and cannot be replicated, making them rare and desirable for collectors.

If you have any questions or suggestions, please send us an email: [email protected]

• Total Market Cap: M. Cap: $ 2.03T (-0.56%)
• BTC Dominance: BTC Dom: 55.9% (0.11%)
• 24h Volume: 24h Vol: $ 223.25B (16.17%)
• BTC Price: BTC: $ 57,401 (-0.42%)
• S&P 500: 5,554.13 (1.07%)
• Gold: $ 2,511.43 (-0.20%)
• USD/EUR € 0.91 (0.05%)
• Press Release

• App Download App

The 12 Most Expensive Bored Apes: Discover the Priciest NFT Monkeys

One of the most explosive and surprising trends during the crypto bull market that started in 2020 and peaked in 2021 was the rise of NFTs. Between 2020 and 2022, countless NFTs found buyers for millions of dollars. 

One of the most sought-after and most expensive collections in the world is the Bored Ape Yacht Club (BAYC), which is made by Yuga Labs, the largest NFT studio in the world and the company behind other flagship NFT collections like Mutant Ape Yacht Club and CryptoPunks.

If you are wondering for how much the most expensive Bored Apes changed hands, you’ve come to the right place. In the following sections, you’ll find 12 of the most expensive monkey NFTs ever sold.

12 most expensive Bored Ape Yacht Club collectibles: Examining NFT Monkeys that reached million-dollar price tags

Bored Ape Yacht Club (often referred to simply as “Bored Apes”) is a non-fungible token (NFT) collection on Ethereum featuring profile pictures of algorithm-generated cartoon apes. On any given day, BAYC is typically the most traded NFT collection. 

At the time of writing, it has a floor price of 73 ETH (worth $119,000 at current rates), higher than virtually all other collections in the market. Without further ado, let’s explore the most expensive NFT monkeys sold to date.

*data collected from Etherscan

1. Bored Ape Yacht Club #8817 - $3,408,000 (852 ETH)

BAYC #8817 is the most expensive Bored Ape ever sold. NFT, which was auctioned at Sotheby's auction house in October 2021, was sold for approximately 852 ETH, worth more than $3.4 million at the time. This NFT is one of the top 20 rarest NFTs in the collection, according to NFT rarity scoring tools .

Sold by Jimmy to Brandon Buchanan, the NFT features solid gold fur with only 0.46% of the other NFT apes in the collection and a bored party horn rim 0.4%.

#AuctionUpdate #BAYC #8817 sells for a RECORD $3,408,000 USD! This is the first time it has been made available since it was minted. Less than 1% of all Bored Apes have the gold fur trait. From the collection of @j1mmyeth #NativelyDigital pic.twitter.com/HfFTpEOIUh — Sotheby's Metaverse (@Sothebysverse) October 26, 2021

Jimmy, who sold BAYC #8817, is the 3rd largest collector of Bored Ape NFTs with 74 Bored Ape NFTs. When this NFT was sold on October 27, 2021, the Ethereum price was $4161.

2. Bored Ape Yacht Club #3749 - $2,907,016 (740 ETH)

Bored Ape Yacht Club #3749 is the second most expensive Bored Apes ever sold. It was purchased on September 6, 2021, by a user known as Boothy on The Sandbox metaverse. The ape features laser eyes found on 0.69% of other NFTs in the collection and solid gold fur with a rarity of 0.46%. Overall, BAYC #3749 is one of the rarest items in the BAYC collection.

We bought Bored Ape #3749 "The Captain" for 740 ETH. A thread ? pic.twitter.com/twLsiBb4Lx — The Sandbox (@TheSandboxGame) September 7, 2021

BAYC #3749, which was traded when Ethereum was changing hands at around $3,930, was sold through the OpenSea marketplace for more than $2.9 million. It is worth noting that the popular NFT monkey was sold several times in 2021, increasing its value 7 times in 3 months. 

The nearly $2.9 million price tag is certainly staggering – however, what’s even more startling is the fact that this wasn’t enough to crack the list of the most expensive NFTse ever sold .

3. Bored Ape Yacht Club #544 - $2,860,000 (675 ETH)

The third entry on the list of most expensive monkey NFTs also features a gold fur, just like the two collectibles before it. Acquired by a Twitter influencer named Saint Bayview on November 23, 2021, NFT is one of the 35 rarest NFTs in the BAYC collection. ETH price at the time of this trade was $4237.

Solid gold fur Bored Apes have received a lot of attention from crypto and NFT investors. This Bored Ape's sushi chef headband and tuxedo tee make it one of the most fun and unique Bored Ppe's out there. With a price tag of $2,860,000, BAYC #544 is the third most expensive monkey NFT.

Thank you @domain for a wonderful trade this morning!!! I couldn’t be happier with my 2nd BAYC #544 a 7 trait gold rare! ? #BAYC #MAYC #BoredApeYachtClub #rare #Legendary #apefollowape #ApesTogetherStrong pic.twitter.com/INGgx1Wo4v — Saint Bayview (@SaintBayview) November 22, 2021

4. Bored Ape Yacht Club #232 - $2,807,395 (1080 ETH)

The fourth most expensive BAYC NFT is the item numbered #232. Sold on the LooksRare NFT marketplace, the monkey collectible was acquired by Chain CEO Deepak Thapliyal for 1080.69 ETH (worth over $2.8 million at the time) on January 30, 2022. Ranked among the rarest 300 NFTs of the 10,000 Bored Apes in the collection, the Bored Ape was later sold to another collector, Keungz, for 800 ETH ($927,000).

Bored Ape #232 breaks the @BoredApeYC ETH record and sells for 1080 ETH ($2.75M) pic.twitter.com/mVuFtY8hFj — nft now (@nftnow) January 31, 2022

Like the Bored Apes before it, #232 also has solid gold fur, while its unique jacket is found in only 2.21% of all NFTs in the collection. In terms of ETH, BAYC #232 is the most expensive Bored Ape ever sold. It is worth noting that the Bored Ape found a new owner in November 2022, when its previous owner “keungz.eth” sold it for $947,000.

5. Bored Ape Yacht Club #8585 - $2,702,583 (697 ETH)

Bored Ape Yacht Club #8585 (Source: OpenSea.io)

Finally, a Bored Ape with fur in different colors! Sold on October 19, 2021, on the world’s leading marketplace OpenSea for $2.7 million worth of ETH. The NFT draws attention with its trippy fur and the King’s Crown, with both of the rare traits appearing in 0.77% of all BAYC NFTs.

Bored Ape Yacht Club #8585 was later sold on October 1, 2022, for 777 ETH, or approximately $1.032 million.

Among the coolest Bored Apes with a royal crown and heart-shaped sunglasses, the NFT was purchased by an anonymous person who also owns NFTs from other famous collections such as Art Blocks Curated NFTs, Fidenza, and CryptoPunks. 

6. Bored Ape Yacht Club #2087 - $2,307,638 (769 ETH)

Bored Ape Yacht Club #2087 (Source: OpenSea.io)

Bored Ape Yacht Club #2087, acquired by LeDegenz at OpenSea on September 30, 2021, is one of the 60 rarest NFTs in the collection. Just like #8585, this Bored Ape has trippy fur. ETH price at the time of sale was about $3000. The Bored Ape has only four traits (background, eyes, mouth, fur).

BAYC #2087, which has a very plain appearance except for its fur, has a cigarette in its mouth. The NFT was sold for 0.08 ETH in May 2021, which was only $229 at the time. This means that BAYC #2087 has gained roughly 10,000x in 5 months.

7. Bored Ape Yacht Club #7090 - $2,272,620 (600 ETH)

Bored Ape Yacht Club #7090 (Source: OpenSea.io)

Another Bored Ape in solid gold fur... One of the rarest 80 NFTs in the collection, Bored Ape Yacht Club #7090 is a bored NFT ape with five traits wearing grooming outfits resembling a luxury hotel janitor.

The most striking feature of this Bored Ape is that it has teeth of different colors. Purchased by icanfly3 for $2.27 million on September 2, 2021, Bored Ape has a very good color match between his outfit and hat. 

Created by a combination of five rare features, the NFT was sold for 199 ETH in August 2021, a month later it was priced nearly 3 times higher.

8. Bored Ape Yacht Club #8135 - $1,873,450 (550 ETH)

The eighth rarest Bored Ape in the collection, #8135, was acquired by MetalinkLabs in September 2021 for $1.87 million, according to Rarity Tools. This ape was later named "Mick Dagger" by MetalinkLabs. This ape even has a Twitter account.

Traiting the Unshaven Pizza characteristic found in only 0.26% of the other NFTs in the collection, this NFT also includes the Bored Unshaven Dagger trait found in 0.28% of the other NFTs in the collection.

?ANNOUNCEMENT? @metalinklabs is proud to join the BAYC family with the 7th rarest ape! Thank you @ARTMAN141 for accepting our 550 ETH offer. Say hello to our handsome friend, #8135 ?? what should we name him? Tell us ? **A bigger announcement for BAYC fam coming soon ? pic.twitter.com/iDl1aYIElC — Jake Udell | Founder of Metalink ?⚡️ (@jakeudell) September 17, 2021

Metalink is a blockchain application designed for online communication. The NFT's previous owner, “TheArchitect”, sold BAYC #8135 to MetalinkLabs after just 18 days, making a profit of approximately $340,000.

9. Bored Ape Yacht Club #4580 - $1,919,105 (666 ETH)

Bored Ape Yacht Club #4580 looks like a mix between a biker, a sailor, and a 3D movie goes. The unusual ape, whose body is covered with solid gold fur, is among the collection’s 280 rarest NFTs.

Bored Ape #4580 sells for 666 $ETH ($1.7M) ? #BAYC ? pic.twitter.com/0DcQbK2JtT — APE G4NG (@ape_g4ng) February 25, 2022

BAYC #4580, which was sold for more than $1.9 million on OpenSea in February 2022, sold for approximately 22 times higher than its price of $86,664 in June 2021. The person who bought NFT is n0b0dy.eth, a well-known investor in the NFT space.

10. Bored Ape Yacht Club #1837 - $1,639,596 (569 ETH)

The most striking feature of this Bored Ape wearing a turtleneck sweater is that it has crazy eyes popping out of its sockets. As we have seen many times in the list, the Bored Ape with solid gold fur was purchased by an unknown buyer named MoonPay. It is still unknown whether the person who bought the NFT was really the MoonPay cryptocurrency company or just anyone who took the MoonPay username.

Moonpay meeting with Elon Musk? Is it finally happening?!? pic.twitter.com/esHQvEBnQq — Willy ₿ullish ? (@WillyTheDegen) February 23, 2022

Even weirder was that Deepak.eth, a well-known NFT collector, said that the person who bought this NFT was actually Elon Musk. The NFT sold through OpenSea is among the 260 rarest NFTs in the collection. At the time NFT was sold, the ETH price was $2,769. The Elon Musk rumors alone have been enough to make the Bored Ape NFT price skyrocket. 

11. Bored Ape Yacht Club #3562 - $1,631,222 (430 ETH)

Bored Ape Yacht Club #3562 (Source: OpenSea.io)

Purchased for over $1.6 million worth of ETH by a BAYC collector MachiBigBrother in the last days of 2021, this unshaven ape is dressed in a black suit. Creating a look that goes well with the flipped brim line in the same color as the suit, the Bored Ape gave its previous owner “sevenseason” a chance to make a profit of 12,500%.

There is also a Mutant Ape version of this Bored Ape transformed using M2 serum.

12. Bored Ape Yacht Club #5199 - $1,611,272 (425 ETH)

Bored Ape Yacht Club #5199 (Source: OpenSea.io)

Relatively different from other Bored Apes on the list, this ape looks like a terminator with its robot fur and cyborg eyes. When the features of this ape, which has only four features, are combined, a frightening look is obtained.

One of the 65 rarest NFTs in the collection, BAYC #5199 was purchased by its previous owner for $14,000 and sold it for nearly 115 times higher, making a profit of almost $1.6 million.

The Bottom Line: The Most Expensive Bored Ape Yacht Club NFTs Burning the Market

The rapid rise in the BAYC collection’s popularity has attracted the attention of both companies and celebrities, while allowing NFT owners to earn sky-high returns on their investments.

While the NFT sector has cooled off a bit since its 2022 high, BAYC has retained its spot among the most popular digital collections, in large part thanks to its large community, a cryptocurrency called ApeCoin , and a metaverse under development called Otherside, which could eventually become one of the best metaverse NFT projects in the space.

If you are interested in NFTs but don’t know where to start, check out our guide on how to make money with NFTs in 2023, which covers the ins and outs of generating income with digital collectibles.

Adnan is a crypto enthusiast who is always keeping an eye on the latest developments in the crypto ecosystem. He is an environmental engineer working on his MBA and has been following innovations in FinTech for several years. Adnan produces written content to review crypto projects and support the crypto community.

Download App

Keep track of your holdings and explore over 35,000 cryptocurrencies

Explore our Tools

Market overview.

• ICO Calendar

• Das Wirtschaftsportal von manager magazin & Harvard Business manager
• EILMELDUNG — __proto_headline__

Non-fungible Token Warum in Zukunft wohl jeder NFTs besitzen wird

• Zur Merkliste hinzufügen
• Link kopieren
• Weitere Optionen zum Teilen

Affen am New Yorker Times Square: Für NFTs der Serie „Bored Ape Yacht Club“ zahlen manche Sammler immer noch Unsummen. Experten zufolge könnte sich die Blockchain-Technik aber bald in eine ganz andere Richtung entwickeln.

Sie können den Artikel leider nicht mehr aufrufen. Der Link, der Ihnen geschickt wurde, ist entweder älter als 30 Tage oder der Artikel wurde bereits 10 Mal geöffnet.

Jetzt weiterlesen. Mit dem passenden manager Abo.

Einen Monat für € 0,99 testen. Jederzeit kündbar.

Ihre Vorteile:

• manager magazin+ und Harvard Business manager+ im Paket
• Alle Inhalte von m+ und HBm+ auf der Seite manager-magazin.de und in der manager-Nachrichten-App
• Der Inhalt der gedruckten Magazine inkl. E-Paper (PDF)

• Alle Inhalte von m+ auf der Seite manager-magazin.de und in der manager-Nachrichten-App
• m+-Newsletter mit besonderen Leseempfehlungen
• Der Inhalt des gedruckten Magazins inkl. E-Paper (PDF)

Sie sind bereits Digital-Abonnentin oder -Abonnent? Hier anmelden

Immer einen Einblick voraus

Ihre Vorteile mit manager+

manager magazin+

Harvard business manager+, das manager magazin und den harvard business manager lesen.

als E-Paper in der App

Alle Artikel in der manager-App

Preis wird geladen...

Sie haben bereits ein Digital-Abonnement? Hier anmelden

manager+ wird über Ihren iTunes-Account abgewickelt und mit Kaufbestätigung bezahlt. 24 Stunden vor Ablauf verlängert sich das Abo automatisch um einen Monat zum Preis von zurzeit 24,99€. In den Einstellungen Ihres iTunes-Accounts können Sie das Abo jederzeit kündigen. Um manager+ außerhalb dieser App zu nutzen, müssen Sie das Abo direkt nach dem Kauf mit einem manager-ID-Konto verknüpfen. Mit dem Kauf akzeptieren Sie unsere Allgemeinen Geschäftsbedingungen und Datenschutzerklärung .

Symbols [ ]

The main figure of the flag is a loaded white camel with yellow luggage - a hardy and noble animal that inspires reverence and personifies wisdom, longevity, memory, fidelity, patience, power over the elements.

The red color of the flag field - the color of life, mercy and love - symbolizes courage, strength, fire, feelings, beauty, health.

The red color of the field is simultaneously in tune with the work of metallurgists, machine builders, foundry workers, power engineers, whose main technological processes are associated with thermal reactions, which complements the content of the coat of arms of the Chelyabinsk region as an industrialized region.

The yellow bar symbolizes the Ural Mountains, connecting Europe and Asia, their beauty, grandeur, and wealth of mineral resources.

White color is a symbol of nobility, purity, justice, generosity.

Flag Redesigns [ ]

• ↑ Script error: No such module "citation/CS1".
• ↑ http://www.rotobo.or.jp/events/forum/presentation/2-4-05Murzina.pdf
• 2 Gallery of flags of dependent territories
• 3 Flags of country subdivisions