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Is Bape launching its first NFT?

After announcing the (B)APETAVERSE launch in January, BAPE proved that it wasn't monkeying around by debuting its first NFT — fans are going bananas. The dedicated (B)APETAVERSE Instagram page uploaded a sneak peek from its upcoming 10,000-stacked NFT series on February 18, saying, "THIS ONE IS ESPECIALLY FOR BAPE LOVERS."

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?

What is the most popular NFT collection of all time?

As the most popular NFT collection of all time, Bored Ape Yacht Club has made its parent company Yuga Labs a symbol for Web3 culture, and a crucial building block for the future of the internet. But the icon goes beyond digital images of blasé Apes. The collection is like a window into a thriving ecosystem.

What is NFT & how does it work?

As with crypto-currency, a record of who owns what is stored on a shared ledger known as the blockchain. The records cannot be forged because the ledger is maintained by thousands of computers around the world. NFTs can also contain smart contracts that may give the artist, for example, a cut of any future sale of the token.

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