BORED APE YACHT Club records $ 542 million of sales for life-BayC creators start tokens in the first quarter of 2022-Blockchain
BORED APE YACHT Club records $ 542 million of sales for life-BayC creators start tokens in the first quarter of 2022-Blockchain
non-fungable token (NFT)-Assets were extremely popular in 2021 and it doesn't seem as if the NFT hype would disappear so quickly. A number of NFT collections have driven the industry to new heights with enormous sales and exceeded some of the most popular auctions with physical articles. A specific NFT project called Bored Ape Yacht Club (BayC) has achieved lifelong sales of $ 542 million between 8,749 dealers. In addition, the official BayC Twitter account announced on Friday that the project is planning to launch a token in the first quarter of the next year.
Bored Ape Yacht Club NFT Collection achieves lifelong sales of $ 542 million
There were definitely a few artists who have made millions of dollars with the sale of individual NFTs to buyers who are willing to pay for the cryptographically supported collector's items. BEEPLE, for example, is known for his NFT work, and one of his pieces was sold at Christie’s for $ 69 million.
Then there are the NFT collections that have also heated up the NFT craze, such as Cryptopunks, Art Blocks, NBA Top Shot, Cool Cats, Curio Cards, Loot (for adventurers) and more. bored ape yacht club (bayc) is a collection that has previously achieved over half a billion US dollar sales, and the collection keeps the fifth largest volume of all times dappradar.com metrics.
Historical sales activities show that the $ 542 million of BayC's lifetime sales were about 21,481 sales. dune analysis statistics show that there are 5,586 clear addresses today that contain at least one BayC nft. An owner has approximately 103 BayC-NFTS and the NFT is called Yacht Club #3749 is the most expensive BayC that is available.
BayC #3749 was sold last month for 740 ether or $ 2.65 million to a Target = "_ Blank" Class = "LAR-Automated-Link" href = "https://markets.bitcoin.com/crypto/eth" Rel = "noopener"> ETH Wal with nfts worth 10.59 million US dollars. The owner of bayc #3749 does not have fun Token assets in 71 collections. Since the BayC NFT collection continues to record dedicated sales, the project is planning to introduce a token.
bored ape yacht club starts token
On October 8, the official BayC Twitter account with its 177,600 social media followers discussed the token idea. "Good evening, monkeys. I have often heard a question in the club: Who token? href = "https://twitter.com/boredapeyc/status/1446569318540615681?S=20" Rel = "noopener"> tweeted on Friday.
"It is much more complicated to construct a right-compliant token and to set up responsibility and sustainable," continued the BayC account. "Not to mention the well thought-out design of dope-utility and governance, for the benefit of our club members and to convey the BayC ecosystem to a much wider audience. In the interest of our members and the broader NFT community, we would like to do this in a solid way." BayC's social media account has been added:
So there ... who token? Well, monkeys: We are currently looking at the first quarter of 2022.
The Bored Ape Yacht Club says that the team will benefit from it fenwick & West llp , a law firm that works with various blockchain projects. BayC also works with Horizen Labs, the team behind the cryptocurrency Horizont (zen) .
The BayC team also asked its fans to pay attention to fake tokens and fraudsters. "We assume that fraudsters are on the road with full force to get people to buy all types of fake tokens. If the info does not come from our official @boredapeyc or @yugalabs we are not.
While BayC is the fifth largest sales, projects such as Axie Infinance (7.23 billion US dollars), cryptopunks ($ 2.93 billion), artificial blocks (1.92 billion USD) and nba-top-shot (692.62 million US dollar). Both BayC and NBA Top Shot have not yet made it into the billion -dollar club in terms of sales.
BayC, however, has an offshoot collection called mutant ape yacht club (mayc) This is the ninth largest NFT collection of all times with 278.19 Millions of US dollars. The turnover of $ 278 million was between 9,783 Mayc dealers at 11,974 sales.
What do you think that the Bored Ape Yacht Club announces that he is planning to launch a token on the market in the first quarter of 2022? Let us know your opinion on this topic in the comments below.
Photo credits : Shutterstock, Pixabay, Wiki Commons, dappradar.com, Sotheby’s, boredapeyachtclub.com