What is bored ape Yacht Club?

Bored Ape Yacht Club, often colloquially called Bored Apes, Bored Ape or BAYC, is a non-fungible token (NFT) collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club is Yuga Labs.

What currency does bored ape Yacht Club trade?

Hosted on the Ethereum blockchain, each Bored Ape Yacht Club NFT is built on the ERC-721 token standard as opposed to the ERC-20 standard that accounts for 900 altcoins. Therefore, the currency in which Bored Apes Yacht Club trades is Ethereum’s ETH. Here, you can find how to buy ETH in three simple steps.

What is the bored ape Kennel Club?

The first was the Bored Ape Kennel Club (BAKC), which consists of 10,000 NFTs that are a collection of unique digital dogs bred as companions to the Bored Apes and distributed to all BAYC members for free. There is also Mutant Ape Yacht Club (MAYC), a collection of mutant, or zombified, variants of Bored Apes.

What is mutant Ape Yacht Club?

There is also Mutant Ape Yacht Club (MAYC), a collection of mutant, or zombified, variants of Bored Apes. Yuga Labs airdropped mutant serums to holders of the 10,000 BAYC NFTs, which they can use to mint Mutant Apes that either share some semblance with the original form or come with very rare traits.