What is a bored ape?

Bored Apes are the cornerstone of an elite movement called, you guessed it, the Bored Apes Yacht Club. Your Bored Ape doubles as your Yacht Club membership card and grants access to members-only benefits—the first of which is THE BATHROOM, a community drawing board where Bored Ape owners can leave digital graffiti.

What is a burned ape?

Bored Apes are a collection of 10,000 unique NFTs based on the Ethereum blockchain. The Bored Apes are grungy simian avatars with different characteristics—some rarer than others. For example, only 5% of Bored Apes have red fur, and 3% have a biker vest. The rarer the traits of a Bored Ape, the more expensive it's likely to be.

Are ape membership perks profitable?

One of the more famous Bored Ape owners is the NFT star Stephen Curry, who paid $180,000 for a tweed-wearing Bored Ape NFT. So far, it seems that membership perks are exceedingly profitable. For instance, the Yuga Labs team launched a second ape series in a creative manner. Instead of a new series, they released 10,000 Mutant Ape serum vials.

What is the bored ape Yacht Club?

The Bored Ape Yacht Club is a collection of 10,000 Bored Ape NFTs – unique digital collectibles living on the Ethereum blockchain. The value of cryptocurrency, in this case, Ethereum, can rise and fall like a stock, and NFTs values also rise and fall in the same way.