{"id":14113,"date":"2021-11-30T13:16:53","date_gmt":"2021-11-30T07:46:53","guid":{"rendered":"https:\/\/zebpay.com\/?p=14113"},"modified":"2021-11-30T13:16:53","modified_gmt":"2021-11-30T07:46:53","slug":"beyond-nfts-bored-ape-yacht-club","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/beyond-nfts-bored-ape-yacht-club","title":{"rendered":"Beyond NFTs: Bored Ape Yacht Club"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/beyond-nfts-bored-ape-yacht-club\/#What_is_the_Bored_Ape_Yacht_Club\" title=\"What is the Bored Ape Yacht Club?\">What is the Bored Ape Yacht Club?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/beyond-nfts-bored-ape-yacht-club\/#Why_does_the_project_stand_out\" title=\"Why does the project stand out?\">Why does the project stand out?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/beyond-nfts-bored-ape-yacht-club\/#Why_is_BYAC_so_highly_valued\" title=\"Why is BYAC so highly valued?\">Why is BYAC so highly valued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/beyond-nfts-bored-ape-yacht-club\/#Whats_next_for_Bored_Apes\" title=\"What\u2019s next for Bored Apes?\">What\u2019s next for Bored Apes?<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>If you\u2019re active in the crypto space, there\u2019s no way you haven\u2019t heard or seen the <a href=\"https:\/\/boredapeyachtclub.com\/#\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bored Ape Yacht Club<\/a> (BAYC). Especially on Twitter, where proud owners of the club use it as their display pictures.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Bored_Ape_Yacht_Club\"><\/span>What is the Bored Ape Yacht Club?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is an <a href=\"https:\/\/zebpay.com\/blog\/everything-you-need-to-know-about-nfts\/\" target=\"_blank\" rel=\"noreferrer noopener\">NFT<\/a> collection of 10,000 unique apes possessing their own unique qualities and traits. The collection was just launched this April 2021 and becoming one of the hottest projects in the market! The 4 pseudonymous developers are Gargamel, Gordon Goner, Emperor Tomato Ketchup and No Sass! The project kicked off with a boom as all 10,000 were sold out in 12 hours.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/oKkQVIgpQ1Ye1gxZPmiUPMXXdiwNnqpI0bQ43E8te4uDTClnVIMszdrq1a3ggNXoDbPZfNxa7HwxLQVoEhKylWWn-14hv6RE7fKiZSx4492Sp6QWxrJuEmUePZSgtkkAEodwRJx0\" alt=\"\" width=\"497\" height=\"279\"\/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-does-the-project-stand-out\"><span class=\"ez-toc-section\" id=\"Why_does_the_project_stand_out\"><\/span>Why does the project stand out?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BYAC apes are a whole new ball game compared to your one-off NFT art. Pieces like Beeple NFTs, though can be valued at $69 million, are limited in utility.&nbsp;<\/p>\n\n\n\n<p>Whereas BYACs are more of a collection and part of a big picture project. These NFTs follow a certain template, and are ranked on the basis of rarity. The rarity is determined by &#8220;properties&#8221; &#8212; varying fur types, facial expressions, clothing, accessories and more.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-byac-so-highly-valued\"><span class=\"ez-toc-section\" id=\"Why_is_BYAC_so_highly_valued\"><\/span>Why is BYAC so highly valued?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Firstly<\/em>, and most obviously, the hype<\/strong>. With celebrities like <a href=\"https:\/\/theblast.com\/123275\/post-malone-drops-over-700k-on-two-bored-ape-nfts\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Post Malone<\/a>, <a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/steph-curry-nft-bored-ape-yacht-club-180000-ethereum-nba-2021-8\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Steph Curry<\/a> and so on proudly displaying their Bored Apes, everyone wants to get their hands on them.\u00a0<\/p>\n\n\n\n<p>If you see anyone with a Bored Ape as their profile picture on Twitter these days, you know they\u2019re smart investors. This has become a major social signalling that is boosting the value of the project.&nbsp;<\/p>\n\n\n\n<p><strong><em>Secondly<\/em><\/strong><strong>, the utility<\/strong>. The project developers have created a very ecosystem to go beyond just ownership of the NFT. BAYC keeps owners hungry for more with exciting drops on the regular. It launched the Bored Ape Kennel Club, giving owners a chance to \u201cadopt\u201d a dog that mimics features of their Ape.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/1gGJWcXgviUNx1FvuBotqQuh8CdElRBeKNoSN6f8bpr9e32MYYSbn_rS-lshETE-ZJ4167-WQw0uRDJVpxyiKhtjP2v8nrjk0kc__lirdGFZZzE89IdopZs5OBye1a8N7zLc2KPF\" alt=\"\"\/><\/figure>\n\n\n\n<p>Another very popular surprise was the freebie of digital vials of mutant serum! Owners could mix their serum to mint a whole NFT of their mutant ape.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/bZjgIxDAP3PRN6mlpU1AAFjJ7MRtAJTj8orDbIkAs_FovskGvAhM1zSRMj0PurlNr8U4YmnbIHSLDzqewMT_oFgRBJUsivWenAWx1XPA5OkU8v992rjkNyuDXm8m5cVPOg2g2rlo\" alt=\"\" width=\"459\" height=\"260\"\/><\/figure><\/div>\n\n\n\n<p>Features like \u201cThe Bathroom\u201d and more in the future, will give Bored Apes a chance to exercise their utility.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/gUHM_nK1_bn3gl2mXGCJCAQiKpJiKduU9jRFnkITWzpxwArcy9L7TxrlwzhSdBJ0-FeY4kgdFIbTDp3E_PWWKYgcl__xUZ0Tf2vFujYyxqjlbAp_Zhkm4z4d9x2xZd9vrQTqrNf5\" alt=\"\"\/><\/figure>\n\n\n\n<p><strong><em>Thirdly<\/em><\/strong><strong>, the community<\/strong>. The community that Bored Ape Yacht Club has built has no parallel. The Ape Fest was conducted recently from 31st October to the 6th of November in New York City.&nbsp;<\/p>\n\n\n\n<p>The first event was an \u201cimmersive gallery experience\u201d at the Bright Moments Gallery that received an overwhelming response.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/fB6Ik2bg_d_6IpHRWXWgbbQQH8woTf52S6K11Vha3utPHAHxMzY41ty9d4bJhKPph6LthAjT_mWYXLennVu6erRhMR4_eZloKDsFUGxo7cJ54Dl3pwXeFvxG3ewtmNf4cCDF5r1L\" alt=\"\" width=\"524\" height=\"393\"\/><\/figure><\/div>\n\n\n\n<p>They also held an actual yacht party! Celebrities like DJ Kygo, and OneRepublic\u2019s singer, Ryan Tedder made an appearance. The last event was a VIP charity dinner on the 6th of November.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-s-next-for-bored-apes\"><span class=\"ez-toc-section\" id=\"Whats_next_for_Bored_Apes\"><\/span>What\u2019s next for Bored Apes?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Bored Apes Yacht Club is certainly making its name around town. It even featured on the cover of Rolling Stones digital magazine! Check out the link <a href=\"https:\/\/www.rollingstone.com\/culture\/culture-news\/bayc-bored-ape-yacht-club-nft-interview-1250461\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">here<\/a> to actually see the live moving cover!<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/NEpJVR6aNK4dgxBUc2SJsbfDpT0LGkyVU_Y2DIOf2y1WualZw9Bc3abdYttrSotxXZUEzQUR-Hk6BC4sPxzkj3Cla6Rnl38xMDu4YsjQlMyxQc6bEPs2YuOnK9VFfs_ozdEjhLjS\" alt=\"\" width=\"440\" height=\"535\"\/><\/figure><\/div>\n\n\n\n<p>The project creators certainly have big plans for the project. They plan to launch WEN token in Q1 of 2022. Here\u2019s what the creators said about this \u2013<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Not to mention thoughtfully craft dope utility and governance, benefit our club members, and bring the BAYC ecosystem to a much wider audience.<br><br>For the sake of our members and the broader NFT community, we want to do this in a sound way.<\/p>&mdash; Bored Ape Yacht Club \ud83c\udf4c (@BoredApeYC) <a href=\"https:\/\/twitter.com\/BoredApeYC\/status\/1446569321866711042?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 8, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The future is looking very promising for the Bored Ape Yacht Club. They are building a project beyond just NFTs and it looks like they\u2019re just getting started!<\/p>\n\n\n\n<hr class=\"wp-block-separator is-style-dots\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Bored Ape Yacht Club is the hottest NFT project in the market. But it is special cause it goes beyond just being an NFT!<\/p>\n","protected":false},"author":1,"featured_media":14114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[143],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/14113"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=14113"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/14113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/14114"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=14113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=14113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=14113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}