Bored Ape Yacht Club

Bored Ape Yacht Club (BAYC) is a collection of 10,000 unique digital art pieces in the form of non-fungible tokens (NFTs), created by Yuga Labs and launched in April 2021. Each Bored Ape is an algorithmically generated cartoon ape with distinct traits, such as clothing, accessories, and background colors, making each one unique. Owners of these NFTs are granted membership in an exclusive virtual club, which includes various perks like access to special events, merchandise, and additional NFT drops.

For example, an owner of a Bored Ape might receive invitations to private parties and online gatherings, as well as the opportunity to participate in exclusive art drops or collaborations. Additionally, owning a Bored Ape can increase the value of the NFT, depending on its rarity and the demand within the Cryptocurrency and digital art markets.

In notable cases, some Bored Apes have been sold for millions of dollars at auctions, exemplifying the significant investment interest in digital art and collectibles. The community surrounding BAYC also engages in various activities, including charity events and collaborative projects with other NFT collections.