Is BAPE A gamified NFT?

BAPE is perhaps the first and largest streetwear label to launch an independent NFT project, though in a similar vein, Gap recently launched a gamified NFT experience, and Takashi Murakami has announced an NFT series of his own. Head over to bapetaverse.com to join the Discord community for the latest updates.

How much are bored ape Yacht Club NFTS?

Bored Ape Yacht Club NFTs cost $190 at launch last April. Now they go for over $400,000. NFTs have been around for five years, but the nonfungible token boom only truly began in 2021. It coincided almost perfectly with the launch of Bored Ape Yacht Club, a collection of 10,000 cartoon ape NFTs that's come to embody the whole industry.

What are NFT projects?

Most NFT projects claim to offer a utility of some sort, which means it does something other than act as a profile picture. That can be access to play-to-earn games or the option to stake an NFT in exchange for an associated cryptocurrency. Bored Ape Yacht Club has done a few things to keep owners interested.

What does Bape's new announcement mean for the sportswear industry?

BAPE’s new announcement is part of a larger industry movement towards the metaverse space with the two largest sportswear giants already involved: Nike through RTFKT and adidas with Bored Ape Yacht Club.