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 bored ape Yacht Club?

Since the company Yuga Labs launched the project in April, Bored Ape Yacht Club — known as “BAYC,” “Bored Apes,” or simply “Apes” to its friends — has become one of the world’s most lucrative NFT collections to date.

What is a bored ape NFT?

For the NFT cognoscenti, owning a Bored Ape means more than just possessing a digital cartoon monkey—it’s a ticket granting the holder access to an exclusive membership club with perks like merchandise, parties and ApeCoins (APE), among other things. How Many Bored Ape NFTs Are There?

Why are bored ape avatars so rare?

To boot, some Bored Ape avatars within the same collection are rarer than others. Each Ape is a one-of-a-kind, randomly generated combination of 170 traits, such as background color, earrings, expression, headwear, clothing, etc. This derived scarcity also contributes to the high prices of some Bored Apes.