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The estimated market value of the four NFT series has risen to $5.5 billion.

Miami-based Yuga Labs to Bored Ape Yacht Club

The Boring Ape Yacht Club is worth more than $3.9 billion dollars

The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs - unique digital collectibles that exist on the Ether blockchain. Your Bored Ape also serves as your Yacht Club membership card and grants members exclusive benefits, the first of which is the use of the collaborative graffiti board THE BATHROOM. the community can activate through the roadmap to unlock future fields and benefits.

Each Bored Ape is unique and programmatically generated based on over 170 possible traits, including facial expressions, headgear, clothing and more. All apes are XX, but some are rarer than others.

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International influence

As Boring Ape exploded in popularity, many celebrities such as famous NBA stars Stephen Curry and Shaquille O'Neal purchased Boring Ape NFTs and showed them off. Since then, the price of the Boring Ape series of NFTs has skyrocketed.

Favored by sports stars

Famous pop star Justin Bieber has bought 'Bored Ape' BAYC #3001 for 500 ETH (about $1.3 million).
Famous singer Madonna announced on Twitter that she has acquired a BAYC Boredom Ape NFT with the help of MoonPay, stating that she has also finally entered the meta-universe.

Justin Bieber

Listed companies such as Li Ning, Greenland, and Pei Easy have also purchased Boredom Ape.

China Li-Ning launched the China Li-Ning Boring Ape Trendy Sports Club series of apparel, featuring the image of the Boring Ape Yacht Club No. 4102 and incorporating pixel style, street style and other trendy elements, the company said in a post on social media.

Participation of well-known domestic enterprises

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Actually BAYC's NFTs aren't worth much just because they look good

Since its launch in 2011, Bored Ape's NFT compilation has gone mainstream. It has gone from Twitter mentions to causing a stir on billboards in Manhattan, and has even graced the cover of a magazine and produced a movie (with Coinbase). BYAC's popularity has attracted celebrities like Justin Bieber, rappers Snoop Dogg and Eminem, Serena Williams, Jimmy Fallon and Tom Brady. The series, containing over 10,000 NFTs, debuted in late April 2021 with an initial mintage of 0.08 Ether (about $200 at the time). The item sold out in less than a week. Since then, the collection has traded at a total value of more than $1.5 billion, and its current market capitalization is nearly $3.9 billion (making it the most valuable NFT collection to date). However, the popularity of BAYC is often misunderstood and the item is considered an enigma in the NFT field.

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