Bored Ape Yacht Club NFT
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap activation. Visit www.BoredApeYachtClub.com for more details.
Bored Ape Yacht Club Rarity Explorer
Bored ape yacht club nft - frequently asked questions(faq), ▶ what is a bored ape yacht club, ▶ how many bored ape yacht club were sold recently, bored ape yacht club community stats, discord members, twitter followers.
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Bored Ape Yacht Club
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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.
Bored Ape Yacht Club NFT Overview
Project information.
Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021.
Owning a Bored Ape Yacht Club grants holders exclusive access to the Yacht Club, which provides a variety of member-only benefits. First, holders were granted access to THE BATHROOM, a collaborative graffiti board where members can add a pixel every 15 minutes.
Since that time all BAYC holders were able to mint one companion dog at no cost, from the Bored Ape Kennel Club (BAKC), for each Bored Ape they held.
In mid-August, the BAYC fixed the Arcade Machine, the final bullet from the team’s original roadmap. With the Arcade Machine fixed, Bored Ape holders received one of two separate Mutant serums (M1 or M2), which could be used on their ape. Using the Ape on their serum produce a separate NFT, from the Mutant Ape Yacht Club , that held the mutated version of their Ape and the respective traits.
In late September 2021, the team behind Bored Ape Yacht Club announced the BAYC Roadmap 2.0, which hints at a game, real-life meetups, a DAO, and more.
In October 2021, BAYC announced the coming of a utility token slated for Q1 of 2022.
On Jan. 20, 2022, BAYC launched its mobile game, Apes vs Mutants, on the iOS Apple App Store and Google Play.
In February 2022, Yuga Labs raised over $200 million from Andreessen Horowitz and others.
In March 2022, Yuga Labs launched ApeCoin ($APE) and opened the 90-day claim period for holders of Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs.
On Mar. 18, 2022, Yuga Labs released a video featuring Bored Ape Yacht Club, Cool Cats, CrypToadz, World of Women, and Nouns NFTs. The note at the end of the video read: "See you on the Otherside in April. Powered by @apecoin."
On Mar. 28, 2022, Bored Ape Yacht Club dropped its official merchandise collection with a limited supply to holders only.
BoredApeYachtClub NFT Price & Sales
Boredapeyachtclub sales.
Contract Address
Floor Price
Lowest active listing price for a NFT from the collection
Total Volume
Total value of transactions for NFTs from the collection
Amount of NFTs in the collection
Amount of unique addresses holding NFTs from the collection
Supply/Owners Ratio
Ratio of supply compared to owners. Gives insight on NFTs owned per owner
Market Capitalization
Estimation of total value of all NFTs from the collection
Average Price
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Bored Ape Yacht Club and its multibillion-dollar ApeCoin, explained: What they are and how investors got rich
NFTs jumped into the mainstream last year, and some of the most popular collections rose to celebrity status.
Foremost among them is a bored-looking ape avatar, with thousands of unique varieties in terms of appearance.
In 2021, countless celebrities bought an NFT from the Bored Ape Yacht Club , including late-night talk show host Jimmy Fallon, tennis star Serena Williams, and pop star Justin Bieber. Thursday’s release of ApeCoin , a cryptocurrency that was “airdropped” for free to all holders of a Bored Ape NFT, brought renewed—and new—attention to the line of unamused-profile-picture–style NFTs.
The ApeCoin token surged as much as 90% in just its second day of trading, and CoinMarketCap said APE had a $3.7 billion market cap as of early Friday afternoon.
But what is Bored Ape Yacht Club, and how is it helping NFT collectors get rich?
What makes a Bored Ape valuable?
Bored Ape Yacht Club, or BAYC, is a top-selling series of NFTs owned by Yuga Labs. The NFT collection had anonymous creators until February, when BuzzFeed News reported that they were Greg Solano, a 32-year-old writer and editor, and Wylie Aronow, a 35-year-old from Florida.
It’s customary in the NFT space for creators to maintain this kind of anonymity, which raises questions about fair payment.
For instance, the BAYC creators came up with the idea of rich apes living in a swamp clubhouse, then hired freelance artists to design the apes, and partnered with two engineers, whose identities are still unknown, to launch the NFT project. Rolling Stone reported that one of the primary visual artists, who goes by the alias Seneca, had no idea they were such a big—and profitable hit—until Googling “Bored Apes” months later. Yuga CEO Nicole Muniz told BuzzFeed that each of the original five BAYC artists were “compensated over $1 million.”
There are 10,000 original Bored Ape NFTs, each with a different combination of features like fur color, background color, outfits, and accessories that make each one unique. All share the same uninterested look. These features give each ape a certain value, depending on how many apes also share the same characteristics.
For example, one of the rarest NFTs in the collection, Bored Ape #7495 , has a dagger in its mouth, a feature that only 48 other apes have, according to the NFT marketplace OpenSea .
A non-fungible ape on the blockchain
What gives the Bored Apes their underlying value, though, is the blockchain technology on which they are built. The apes are NFTs, or non-fungible tokens , which means that every ape is a unique item with a single owner. The owner of each ape is recorded on the blockchain, a digital and transparent ledger where everyone can see who owns a particular NFT. Whenever the NFT is purchased, sold, or transferred, a new entry is added to the blockchain, updating the ownership details.
A combination of NFT technology, eye-catching art, and some hype have propelled prices of Bored Apes into the six figures . The lowest price for a Bored Ape was about $262,630 as of Thursday, according to DappRadar , which tracks NFT prices.
Some Bored Apes have even sold for millions of dollars. In January, Bored Ape #232 sold for 1,080.69 tokens of the Ether cryptocurrency, or about $2.85 million at the time. From the original collection, Yuga Labs has built upon the popularity of Bored Ape Yacht Club with a newer series launched last August called Mutant Ape Yacht Club.
Owning a Bored Ape is now the epitome of NFT coolness for many. Holding the NFT can give you access to an exclusive Discord server with some celebrity owners, as well as free perks like additional NFTs or tokens from the BAYC ApeCoin launch this week . Bored Ape owners can also show off their NFT as their profile picture on Twitter with a Twitter Blue subscription.
Owning a Bored Ape is becoming increasingly lucrative, as seen with ApeCoin’s skyrocketing rise in the past two days. As Fortune ’s Taylor Locke reported , Nathan Head, a 25-year-old NFT artist and collector, made $75,000 from an ApeCoin sale on the day of the token’s release, when the token was trading at about $6.80. Had he held on, his ape-themed crypto would have been worth more than $431,000.
While he said it makes him a “little bit sick” to think about how much more he could have made, the money was still “life-changing.” And he’s holding on to his ape.
“I’ve had my ape for nine months, and it is probably the best investment I have ever made in my life. I initially purchased it on a bit of a whim,” Head said. “I honestly don’t know if I would ever sell my Ape, even though it’s worth more money than I have ever had in fiat. It truly feels like being in a very cool club that comes with a lot of very valuable freebies and opportunities.”
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Jon Brodkin - Aug 17, 2023 6:59 pm UTC
The Sotheby's auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021. A Sotheby's auction duped investors by giving the Bored Ape NFTs "an air of legitimacy... to generate investors' interest and hype around the Bored Ape brand," the class-action lawsuit claims.
The boost to Bored Ape NFT prices provided by the auction "was rooted in deception," said the lawsuit filed in US District Court for the Central District of California. It wasn't revealed at the time of the auction that the buyer was the now-disgraced FTX, the lawsuit said.
"Sotheby's representations that the undisclosed buyer was a 'traditional' collector had misleadingly created the impression that the market for BAYC NFTs had crossed over to a mainstream audience," the lawsuit claimed. Lawsuit plaintiffs say that harmed investors bought the NFTs "with a reasonable expectation of profit from owning them."
Sotheby's sold a lot of 101 Bored Ape NFTs for $24.4 million at its "Ape In!" auction in September 2021, well above the pre-auction estimates of $12 million to $18 million. That's an average price of over $241,000, but Bored Ape NFTs now sell for a floor price of about $50,000 worth of ether cryptocrurrency, according to CoinGecko data accessed today.
Investors previously sued Bored Ape creator Yuga Labs, four company executives, and various celebrity promoters including Paris Hilton, Gwyneth Paltrow, Kevin Hart, Snoop Dogg, Serena Williams, Madonna, Jimmy Fallon, Steph Curry, and Justin Bieber. The original class-action was filed in December 2022, and Sotheby's was added as a defendant in an amended complaint submitted on August 4.
Yuga describes its collection of 10,000 Bored Ape NFTs as "unique digital collectibles living on the Ethereum blockchain" that double as a "Yacht Club membership card." The website has some "members-only" areas. "When you buy a Bored Ape, you're not simply buying an avatar or a provably rare piece of art," the NFT collection's website says. "You are gaining membership access to a club whose benefits and offerings will increase over time. Your Bored Ape can serve as your digital identity, and open digital doors for you."
Lawsuit: Yuga “colluded” with Sotheby’s
The amended lawsuit alleges that "Yuga colluded with fine arts broker, Defendant Sotheby's, to run a deceptive auction." After the sale, a Sotheby's representative described the winning bidder during a Twitter Spaces event as a "traditional" collector, the lawsuit said.
The lawsuit said it turned out the auction buyer was now-bankrupt crypto exchange FTX, whose founder Sam Bankman-Fried is in jail awaiting trial on criminal charges. Ethereum blockchain transaction data shows that after the auction, "Sotheby's transferred the lot of BAYC NFTs to wallet address 0xf8e0C93Fd48B4C34A4194d3AF436b13032E641F3,77 which, upon information and belief, is owned/controlled by FTX," the complaint said. Speculation that FTX was the buyer had been percolating since at least January 2023.
The lawsuit alleges that Yuga Labs and Sotheby's violated the California Unfair Competition Law, the California Corporate Securities Law, the US Securities Exchange Act, and the California Corporations Code. The plaintiffs also claim that Sotheby's Metaverse, an NFT trading platform opened after the auction, "operated (or attempted to operate) as an unregistered broker of securities."
"FTX has several deep ties to Yuga such that it would be mutually beneficial for both Yuga and FTX (as well as Sotheby's) if the BAYC NFT collection were to rise in price and trading volume activity. Upon information and belief, given the extensive financial interests shared by Yuga, Sotheby's and FTX, each knew that FTX was the real buyer of the lot of BAYC NFTs at the Sotheby's auction at the time that Sotheby's representatives were publicly representing that a 'traditional' buyer had made the purchase," the lawsuit said. FTX is not named as a defendant.
Ape prices soared, then plummeted
After the auction, the price of Bored Ape digital assets hit a new high and kept rising for months. It peaked at over $420,000 in April 2022 but plummeted to about $90,000 six weeks later, according to CoinGecko .
The class action lawsuit's named plaintiffs are Johnny Johnson, Ezra Boekweg, Mario Palombini, and Adam Titcher. They are trying to get certification of a class consisting of "all investors who purchased Yuga's non-fungible tokens ('NFTs') or ApeCoin tokens ('ApeCoin') between April 23, 2021 and the present." There were over 103,000 account holders of Yuga securities as of December 1, 2022, the lawsuit said.
"While the Executive Defendants made hundreds of millions of dollars, investors were left with NFTs worth a fraction of their artificially inflated value," the original version of the complaint in December said.
Yuga and other defendants have a September 12 deadline to file motions to dismiss the complaint. Sotheby's told CNN this week that the "allegations in this suit are baseless, and Sotheby's is prepared to vigorously defend itself." Yuga Labs similarly called the allegations "completely without merit or factual basis."
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Kevin Hart’s Bored Ape NFT Sells for 83% Less Than His Purchase Price
Bored Ape Yacht Club #9258 , previously owned by comedian Kevin Hart, was recently traded for approximately 13.26 ether ($46,200) on Blur, a non-fungible token exchange. This transaction marks a significant decrease from the price Hart originally paid for it over two years ago.
In January 2022, Hart acquired the Bored Ape, adorned with a colorful propeller hat, for 79.5 ether, equivalent to over $200,000 at the time, as per data from Blur.
Hart’s purchase was facilitated by crypto startup MoonPay, which reportedly aided several celebrities, including Justin Bieber, Madonna, and Jimmy Fallon, in obtaining BAYC NFTs. MoonPay’s assistance often came in exchange for promotional activities, although the company denied providing Bored Ape NFTs for free.
However, in December 2022, Hart, MoonPay, Bored Ape creator Yuga Labs, and numerous celebrities were embroiled in a class-action lawsuit filed by Scott + Scott, a California-based law firm. The lawsuit alleged a scheme of undisclosed celebrity endorsements, with auction house Sotheby’s added to the list of defendants last summer.
Since its launch in 2021, the Bored Ape Yacht Club has symbolized the non-fungible token market. Nonetheless, the collection has experienced a decline in floor price, reaching around 14 ether on March 23, down from a peak of over 150 ether in May 2022, according to CoinGecko data.
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Kevin Hart Reportedly Takes Major Loss Selling Bored Ape NFT for Fraction of Purchase Price
Kevin Hart has reportedly sold his Bored Ape NFT for a significantly lower price than he bought it for two years ago.
According to data from NFT marketplace Blur, obtained by ZyCrypto , the NFT previously owned by Hart was sold on Monday for 13.65 ETH, or $47,000. The actor and comedian spent a reported 79.5 ETH, or $200,000, on Bored Ape Yacht Club #9258 in Jan. 2022.
The Block reported the sale at the slightly lower total of 13.26 ETH, or $46,200.
Both sites are reporting a loss of just over 80 percent for the sale of the once-prized possession from the Bored Ape Yacht Club collection.
DappGambl released a study last year showing nearly all non-fungible tokens were just "worthless." Researchers looked into the value of just over 73,000 NFT collections and found about 95 percent had a "floor price of zero” ETH.
"Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH)," the study reads. "This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Having looked into those figures, we would estimate that 95% to include over 23 million people who's investments are now worthless."
The Justin Bieber -owned Bored Ape #3001 was valued last year at $59,000, according to CNBC . The singer bought the NFT in January 2022 for 500 ETH, or $1.29 million.
Business Insider reported at the top of 2022 that the marketplace for non-fungible tokens rose to $41 billion in the previous year. The collection leading the NFT surge at the time with a 7-day sales volume of $206.4 million was the Bored Ape Yacht Club.
Study Reveals Nearly All NFTs Are 'Totally Worthless' Joshua Espinoza · Sept. 21, 2023
Justin Bieber's $1.3 Million Bored Ape NFT Now Worth Only $59,000 Brad Callas · July 8, 2023
Bill Gates Mocks NFTs and the Usefulness of ‘Expensive Digital Images of Monkeys’ Trace William Cowen · June 16, 2022
Kevin Hart Lost $200K With His Bored Ape Yacht Club NFT But It’s Nothing Compared to What Justin Bieber, Madonna Lost With Their NFT Investment
Kevin Hart only manages to earn a fraction back of his original Bored Ape purchase.
- Kevin Hart reportedly suffered a loss of almost $150K after selling his Bored Ape Yacht Club.
- But Hart's loss pales in comparison to that of Justin Bieber and Madonna.
- The major celebs were also part of a class-action lawsuit, which was filed by Yuga Lab's investors.
Following the 2022 NFT boom, Bored Ape Yacht Club was one of the most popular names in the market, at least for a while, before its value eventually tanked. Many Hollywood heavyweights, including Kevin Hart, Justin Bieber, and Madonna, jumped onto the NFT bandwagon following the NFT craze back then.
But following the fluctuations in the NFT market, most NFTs, including Bored Ape by Yuga Labs, witnessed a notable decline in their value, with celebs holding on to it, suffering a major loss. Hart becomes the new Hollywood A-lister to join this list, as he has reportedly incurred a massive loss after selling his Bored Ape NFT.
Kevin Hart Reportedly Sold His Bored Ape Yacht Club for a Loss of Over $200K
Opposed to its valuation of $4 billion back in 2022, Yuga Labs’ value, the parent company behind the token, has plummeted heavily. Many A-listers who bought into the Bored Ape Yacht hype train have now incurred a massive loss, including Jumanji Star Kevin Hart . Against the original purchase price of $200K, which MoonPay aided, Hart only managed to earn a fraction back while auctioning his Bored Ape Yacht Club NFT #9258. Per reports, Hart suffered a net loss of almost $150K by selling it for 13.26 ETH , which equates to approximately $46K.
“You have got to be sh*tting me”: Kevin Hart Lost His Mind Listening to Jodie Whittaker’s Near Death Experience
However, Hart’s huge loss pales in comparison to that of Madonna and Justin Bieber, who too made a notable investment in Bored Ape back in 2022 before their values eventually tanked.
Justin Bieber and Madonna’s Bored Ape Is Only Worth a Fraction of What It Used To
Similar to Kevin Hart, Justin Bieber and Madonna too jumped onto the NFT bandwagon in 2022, with Bieber allegedly spending 500 ET to buy his Bored Ape #3001, which equated to $1.3 million. But as of July of last year, the value of his tokens dwindled to a mere $59K, resulting in a loss of almost $1.2 million. And in the Material Girl Singer’s case, who bought Bored Ape #4988 for 180 ETH, which equated to $466K at the time of her purchase, its value plummeted to 28 ETH back in July of last year. With 28 ET roughly equating to a little over $53,000 at the time, Madonna has lost over $400K following her NFT purchase.
“Jack Nicholson would come there a lot”: Hugh Hefner’s Widow Namedropped Justin Bieber And Kylie Jenner Among Celebs Who Often Visited The Infamous Playboy Mansion
This was no surprise, as per DappGambl’s study, nearly all of the NFTs had become worthless. The Study read:
“Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH). This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Having looked into those figures, we would estimate that 95% to include over 23 million people who’s investments are now worthless.”
“It is just disrespectful”: Justin Bieber Refused to Perform With Usher During the Super Bowl Despite R&B Legend Launching His Career That Earned Him Millions
It’s important to note that the aforementioned celebs were also named in a class-action lawsuit filed by investors of Yuga Labs, with the lawsuit alleging the celebrity promotions of the token were manufactured.
Justin Bieber Kevin Hart Madonna
Written by Santanu Roy
Santanu Roy is a film enthusiast with a deep love for the medium of animation while also being obsessed with The Everly Brothers, Billy Joel, and The Platters. Having expertise in everything related to Batman, Santanu spends most of his time watching and learning films, with Martin Scorsese and Park Chan-wook being his personal favorites. Apart from pursuing a degree in animation, he also possesses a deep fondness for narrative-driven games and is currently a writer at Fandomwire with over 1000 articles.
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Damien Hirst-Fronted Art Doc ‘NFT:WTF?’ Acquired by Netflix for U.K. (EXCLUSIVE)
By Alex Ritman
Alex Ritman
- BBC Has ‘Significant’ Ambitions for AI, Director General Tim Davie Says 19 hours ago
- Damien Hirst-Fronted Art Doc ‘NFT:WTF?’ Acquired by Netflix for U.K. (EXCLUSIVE) 2 days ago
- Why the British Media Has Put Up a ‘United Front’ to Simmer Online Kate Middleton Hysteria 5 days ago
“NTF:WTF?,” the upcoming documentary from BAFTA-winning filmmaker David Shulman about the world of Non-Fungible Tokens and their impact on the art market, has been acquired by Netflix for the U.K.
In the film, co-produced by Josh Berger ‘s Battersea Entertainment and Atomized Studios (“Real Mo Farah”), Hirst discusses his NFT project The Currency, which was launched as a series of 10,000 unique Spot Paintings and gave collectors the option of keeping an initial NFT digital version or swapping it for the original physical artwork. Those who elected to keep the NFT of the work had their original painting burned and destroyed by Hirst. How the collectors would make their determinations underpins the thrust of Shulman’s film.
“NFT:WTF?” marks the debut project from Battersea Entertainment, set up by former Warner Bros. UK, Ireland and Spain president Berger in 2022 as a media investment and advisory company and producer of film, TV, and theatre content. Berger recently produced Guy Ritchie’s “The Covenant,” starring Jake Gylenhaal. Battersea and Atomized sold the film to Netflix. Passion Distribution is selling all other global territories.
“NFT:WTF?” is directed by Shulman, produced by Berger, with Zad Rogers, Lydia Conway and Ben Weston serving as executive producers. The producer for Atomized Studios is Alex Foster.
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Restaurant-Yacht Chaika
Ratings and reviews, location and contact.
Pleasantly surprised, service is good so is the food. Great selection of Fusion food, a mixture of Italian, Japanese, European, Asian etc. A pleasantly nice dining experience, highly recommended, a must try!
Thank you for your feedback and invite you to have lunch or dinner again aboard the ship in an atmosphere of high standards of yacht hospitality.
everything was perfect - the food, the service, the desserts were the best, nice atmosphere and the location - magical
Best food, best view in Moscow. absolutely faultless from arrival to finish. Best risotto i had for many years absolutely perfectly cooked. The view on Ukrainian hotel and the white house by night is amazing
Had to wait for the food for 1.5 hours and then another 20 minutes for the check. Finally called for the manager and he offered... a 10% discount as a compensation. Simply pathetic! The food is mediocre at best. Not bad per se, but one... would expect something better considering the prices. There are many places to eat in area that are much better. Avoid this one at all costs. More
Hello, Alexander Your comment is extremely important for us, thank you a lot for it. We are terribly sorry for your time that you`ve spent waiting your order and we have already taken actions to improve quality of our service and it would be realy... More
Food is very expensive,very pretentious, doesn't worth that money. Portions are very small. We ordered ravioli and there were 4! Four raviolis! For almost 15 euros. Then we asked to bring us dessert menu but nothing, they didn't even bothered, so we payed and left... without dessert. Very poor service for that price. More
This is a very good restaurant. The food is really good, maybe the best in Moscow. The service is also good. The view from the restaurant is great. The prices are very high.
I often visit this restaurant and must say it’s one of the best in Moscow in terms of quality and service. Staff really try hard to make sure that you are happy and satisfied. Customer service is a huge problem in Moscow but Chaika sets... a great example for others in the industry! Food is delicious and the menu has lots of options for everyone! Atmosphere is great and view is beautiful on the embankment. Special thanks to German & Oleg! More
Thank you for your feedback! Again aboard the yacht restaurant "Chaika" in accordance with the high standards of yacht hospitality.
Highly recommended, great location in the city center of Moscow with a superb atmosphere. Too many menu choices, though all delicious!
Thx a lot for your review! We are looking forward to see you in our restaurants.
Visited this lovely restaurant with a friend of mine. It was relaxingly warm August evening - so the place on the river seemed like a good idea. We came quite early and the restaurant was not full. The hostesses kindly offered several places to sit... and we chose to sit on the sofas. We had some wine, which was good. We struggled a bit when deciding about the food as few options (scallops) were not available. Fish on ice on display did not look very fresh. To be honest it was an unusually hot August and it is probably understandable that some see food options were not available. However, we did manage to order something and sat waiting and looking onto the river. My long-legged friend struggled sitting at the low sofa and the manager noticed that, offering as a very good, proper table beside the open window. It was nice touch and I was very pleased by their polite observations and immediate reaction to solve the problem. Food was quite good and presentation was perfect. Perhaps I can something about the food, but 1 visit is not enough to criticize or make a definitive opinion. Overall, quality place, which of course, does not come cheap. I would recommend this restaurant without hesitation. More
Good afternoon! Thank you for your detailed feedback! We are looking forward to seeing you again, we are sure that you will be delighted with our dishes!
I've been here several times during two business trip in Moscow. The overall quality for both service and food is absolutely top-notch, plus the location is very unique.
Hello! Thank you for your feedback! We are looking forward to visiting again!
Located on a boat at Krasnopresenskaya River Bank this 5 Star Restaurant transforms into a party location due to multiple groups hosting events. Impressive wine selection, Asian and European kitchen...
Thx a lot! We are waiting for you!
It is a nice place to gather specially at the lounge The service and staff very good I like the river view The food is almost like all restaurants in Russia they serve different cuisine. Staring Russian appetizer till Asian dishes Presentation and taste amazing... I consider it overpriced little bit More
Good location. Nice views. Good choice of food and drinks. European and Asian menu. Nice service. Pricey enough.
Had a large group dinner here. Food was above average and service quite good. The real attraction is the view of Moscow from the river on a nice night. Great place for a larger group dinner. More
Hello, John We are really pleased by reading that you and your friends were satisfied by our service, client`s experience is the highest value for us. We will be happy to see you again, come and enjoy some new dishes from our chef and nice... More
The luxurious atmosphere of this place, the view and the location make it quite outstanding. We had dinner here with friends and the dishes were amazing, accompanied by a chilled bottle of Chablis, it really made me feel as if it was a part of... the classic Russian movie. More
RESTAURANT-YACHT CHAIKA, Moscow - Presnensky - Restaurant Reviews, Photos & Phone Number - Tripadvisor
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Kevin Hart Reportedly Takes Major Loss Selling Bored Ape NFT for Fraction of Purchase Price
The comedian and actor bought the once-prized NFT in January 2022 for $200,000.
Kevin Hart has reportedly sold his Bored Ape NFT for a significantly lower price than he bought it for two years ago.
According to data from NFT marketplace Blur, obtained by ZyCrypto , the NFT previously owned by Hart was sold on Monday for 13.65 ETH, or $47,000. The actor and comedian spent a reported 79.5 ETH, or $200,000, on Bored Ape Yacht Club #9258 in Jan. 2022.
The Block reported the sale at the slightly lower total of 13.26 ETH, or $46,200.
Both sites are reporting a loss of just over 80 percent for the sale of the once-prized possession from the Bored Ape Yacht Club collection.
DappGambl released a study last year showing nearly all non-fungible tokens were just "worthless." Researchers looked into the value of just over 73,000 NFT collections and found about 95 percent had a "floor price of zero” ETH.
"Of the 73,257 NFT collections we identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH)," the study reads. "This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Having looked into those figures, we would estimate that 95% to include over 23 million people who's investments are now worthless."
The Justin Bieber -owned Bored Ape #3001 was valued last year at $59,000, according to CNBC . The singer bought the NFT in January 2022 for 500 ETH, or $1.29 million.
Business Insider reported at the top of 2022 that the marketplace for non-fungible tokens rose to $41 billion in the previous year. The collection leading the NFT surge at the time with a 7-day sales volume of $206.4 million was the Bored Ape Yacht Club.
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COMMENTS
Bored Ape Yacht Club (BAYC) is an NFT collection. Bored Ape Yacht Club (BAYC) price floor today is $45,406, with a 24 hour sales volume of 1,551 ETH. As of today, there is a total of 9,998 NFTs minted, held by 5,452 unique owners, and has a total market cap of $453,968,713.
There were no Bored Ape Yacht Club sold in the last 30 days. The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE ...
In the last 24 hours, the price floor of Bored Ape Yacht Club is down 1.15%. The 7D average sale price is 14.030 ETH, the 7D highest sale price is 24.00 ETH and the 7D lowest sale price is 11.649 ETH. The project is currently ranked #3 in NFT Price Floor with a floor cap of 129,480 ETH. It has a listed ratio of 5.83% and a max supply of 10,000.
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 ...
Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021. Owning a Bored Ape Yacht Club grants holders ...
Contracts. The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board.
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap ...
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits. Items. Activity. Price: Lowest ...
Mint Price. 0.08 ETH. The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board.
Bored Ape Yacht Club price. The Bored Ape Yacht Club (BAYC) is a prominent collection of non-fungible tokens (NFTs) that has captured significant attention in the digital art and cryptocurrency communities. As of the latest update, the price floor for a Bored Ape NFT stands at 13.93 ETH. Over the past 24 hours, the collection has seen a sales ...
Bored Ape Yacht Club, or BAYC, is a top-selling series of NFTs owned by Yuga Labs. The NFT collection had anonymous creators until February, when BuzzFeed News reported that they were Greg Solano ...
The Mutant Ape Yacht Club, a follow-up to Yuga's smash hit, has seen its floor price dip 32% over the past week to 5 ETH, and fell as low as just over 4.7 ETH late Sunday—about $9,100 worth.That's the lowest USD value ever tracked by NFT Price Floor since the project debuted in 2021. The floor price of Bored Ape NFTs has seen additional turbulence over the past week due to a flood of the ...
Popular Ethereum project the Bored Ape Yacht Club is seeing sinking prices as ETH falls and owners potentially panic-sell their valuable NFTs. According to data from NFT Price Floor, the cheapest available Bored Ape Yacht Club NFT on the market (i.e. the "floor price") is listed for 57.5 ETH as of this writing, or about $76,400.
The floor price of the Bored Ape Yacht Club ( BAYC) non-fungible token ( NFT) collection sunk below 30 ETH (about $58,700) on Sunday, reflecting a new low not observed since October 2021. Bored ...
The floor prices of CryptoPunks and Bored Ape Yacht Club dropped by nearly 8% and 7% respectively over the last 24 hours, per CoinGecko data. Nansen's Blue Chip 10 index of the top 10 NFT collections has dropped 31% year-to-date.. In recent weeks, the Bored Ape Yacht Club has sustained sharper losses, with the "floor price"—or the cheapest listed NFT on a secondary marketplace ...
Updated July 3, 2023 · 2 min read. The floor price of the Bored Ape Yacht Club ( BAYC) non-fungible token ( NFT) collection sunk below 30 ETH (about $58,700) on Sunday, reflecting a new low not ...
The Sotheby's auction house has been named as a defendant in a lawsuit filed by investors who regret buying Bored Ape Yacht Club NFTs that sold for highly inflated prices during the NFT craze in 2021.
Kevin Hart's engagement with the NFT world made waves in January 2022 when he acquired Bored Ape Yacht Club #9258, a digital asset featuring an ape with a distinctive colorful propeller hat, for ...
Bored Ape Yacht Club #9258, previously owned by comedian Kevin Hart, was recently traded for approximately 13.26 ether ($46,200) on Blur, a non-fungible token exchange.This transaction marks a significant decrease from the price Hart originally paid for it over two years ago. In January 2022, Hart acquired the Bored Ape, adorned with a colorful propeller hat, for 79.5 ether, equivalent to over ...
The collection leading the NFT surge at the time with a 7-day sales volume of $206.4 million was the Bored Ape Yacht Club. More on this Study Reveals Nearly All NFTs Are 'Totally Worthless' Joshua ...
Bored Ape Yacht Club #9258, previously owned by American comedian Kevin Hart, was traded for approximately 13.26 Ether ($46,200) today on Blur, a non-fungible token exchange. The NFT had been exchanged multiple times during the weekend and was sold at a significantly lower price than what Hart originally paid for it over two years ago, as ...
The Bored Ape Yacht Club collection rebounded somewhat on Sunday after Huang scooped up 14 Bored Apes, purchasing one NFT from the collection for as much as 41 Ethereum, or over $77,000. The cheapest Bored Ape currently costs around $74,000, an increase of 14% over the past day, according to NFT Price Floor.
Remember the influencer and celebrity fueled NFT craze Bored Ape Yacht Club? Not surprisingly, prices have dropped precipitously — see chart below. I recently read "Number Go Up" by Zeke ...
Against the original purchase price of $200K, which MoonPay aided, Hart only managed to earn a fraction back while auctioning his Bored Ape Yacht Club NFT #9258. Per reports, Hart suffered a net loss of almost $150K by selling it for 13.26 ETH, which equates to approximately $46K.
From the worlds of CryptoPunks, Bored Ape Yacht Club and celebrity collectors, to current industry leaders and the community of collectors, the film talks exclusively to the key architects of the ...
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The collection leading the NFT surge at the time with a 7-day sales volume of $206.4 million was the Bored Ape Yacht Club. More on this Study Reveals Nearly All NFTs Are 'Totally Worthless' Joshua ...