Yuga Labs, a real Web 3.0 company, is supporting the BAYC NFT, which includes 10,000 apes, each with its own kind of fur, attire, headgear, eyes, and so on. One of the most expensive and successful NFT ventures, Bored Ape NFTs feature images of punky apes with dissatisfied attitudes and human clothing. NFTs are a type of token with the potential to dramatically disrupt the corporate world by changing the way we share and consume nearly everything.
A non-fungible token (NFT) is an asset that is distinct and cannot be exchanged for another asset of the same value. There are no two NFTs that are exactly alike.
To begin, the entry price into the Ape community is about 103 ETH or $314K at the time of writing. From Justin Bieber to Post Malone, soccer sensation Neymar Jr., comedian Kevin Hart to Paris Hilton, and founding NFT bigwig Snoop Dogg, everyone has a Bored Ape avatar. These BAYC PFPs have been worn by Steph Curry, Eminem, Jimmy Fallon, and even Adidas.
101 first-edition Bored Ape Yacht Club tokens sold for $24.4 million at a Sotheby's auction last year. Remember that BAYC was only 0.08 ETH when it first launched in 2021. This leads us to research some of the most costly Bored Ape NFTs ever purchased or sold. Why were they so special that they were included in the 'costliest BAYC NFT' list we're about to reveal?
Let’s find out!
We will now compile all sales data from on-chain and off-chain NFT marketplaces to establish which Ape is the most expensive Bored Ape NFTs of all time, not in ETH but in USD.
We will now compile all sales data from on-chain and off-chain NFT marketplaces to establish which Ape is the most expensive Bored Ape NFTs of all time, not in ETH but in USD.
The Bored Ape #1837 is our first entry on this list of Bored Ape Yacht Club NFTs that shred wallets. Because the former owner of Bored Ape #1837 NFT stated that Elon Musk purchased it for a stunning $1.5 million or 569 Ether, the sale generated a media frenzy.
Deepak Thapliyal (@Deepak.eth), Chain CEO, is an avid CryptoPunk and BAYC NFT collector, among other things. We know him for spending around $23 million on a CryptoPunk NFT.
Because why not?! This Ape is clothed in a Biker Vest and a Seaman's cap. It was purchased for 666 Ether ($1.8 million). It is a tremendous return for the investor who bought it for 40 ETH and sold it after 8 months. So, a profit of around 2029 percent, or $1.6 million.
Bored Ape #8135, the 7th rarest Ape, lives in the primate-friendly Yacht Club, which justifies its 550 Ether purchase price when one Ether was $3398.
While the Dagger in Mouth feature is uncommon in the collection, Ape #8135's unshaven dagger in the mouth makes it even more uncommon. This characteristic is shared by just 28 Apes.
This transaction is especially noteworthy given the Bored Ape was previously acquired for 199 Ether, or $563K. It was only kept for a month before being sold for $600,000 (600 ETH). It set a new record for BAYC NFT, making Bored Ape #7090 the most expensive BAYC NFT ever sold. A 303 percent or $1.69 million return in one month!
The amusing (but furious) BAYC NFT was purchased for 42 ETH and sold three months later for a profit of 2221 percent, or $2 million at 769 ETH. Not only is it the 9th rarest Ape in the BAYC NFT collection, but it is also one of the simplest, having only four qualities - accomplishing more with less. It has a Rarity score of 312.34 based on its trait count.
While it has lost its status as the most expensive BAYC NFT ever purchased, it still comfortably ranks in fifth place. The picture on a Blue Background NFT is of a Trippy fur Bored Ape with a King's crown (shared by only 77 Apes in the collection), Heart-shaped sunglasses, and a Psychedelic physique.
Bored Ape #232 was purchased on the NFT marketplace LooksRare for 1080.69 ETH ($2.9 million). Deepak Thapliyal, CEO of Chain and a member of the Boring Ape Yacht Club, purchased it.
It has Golden fur, which is present in 0.46 percent of the BAYC collection of Bored Apes. It's wearing a Smocking jacket and a Seaman's cap. The patented Boredom face was enhanced by sleepy eyes.
On November 23, 2021, bored Ape #544 with the highly sought-after solid gold fur trait sold for an amazing 675 ETH ($2.86 Million). Because the ETH price was at an all-time high at the time of purchasing, this was one of the largest sales of BAYC Bored Ape NFTs.
Bored Ape #544 is a seven-trait ultra-rare solid gold fur ape dressed in a tuxedo t-shirt, sushi chef headband, and an eyepatch. According to Rare Tools, this ape has a rarity rank of #31 in the BAYC collection and a rarity score of 282.23.
On September 6, 2021, the "Captain," Bored Ape #3749, was sold for $2.91M, making it the second most expensive bored ape sold by NFT. As a result of these factors, Bored Ape #3749 gets a rarity score of 283.99, ranking it #27 on the list.
TheSandboxGame, the buyer, has a significant NFT collection worth around 3,880 ETH, or $13 million at the current exchange rate.
At this point, sales of the most expensive BAYC NFT ever broke records, confirming Bored Ape #8817 as the most expensive BAYC NFT of all time.
Bored Ape #8817, who wears both a Spinner hat and a Party horn, is arguably the most grouchy and sleepy-looking Bored Ape. The digital artwork was auctioned off at Sotheby's Metaverse marketplace for $3.4 million (852.39 ETH).
Fully understanding what an NFT is included knowing its biggest advantages. Here's a look at the top four benefits NFTs have to offer.
One of the reasons so many entrepreneurs like NFTs is that they can simply sell fractionalized ownership of nearly any asset. As an example, there are companies that currently sell fractionalized ownership of real estate through NFTs. NFTs are sold through platforms like OpenSea, Magic Eden, and many others.
One of the main reasons artists like NFTs is that they may establish a royalty rate for each NFT sale. A digital artist, for example, can establish a royalty rate of 10% for each sale of his NFT. As a result, if the NFT is sold four times in a 12-month period, the artist will receive a 10% royalty on each transaction.
NFTs create a digital ledger of every sale, which is secured on the blockchain by a smart contract. A user can construct an NFT knowing that they will be able to monitor the chain of ownership from any place having access to the public ledger.
NFT developers can now effortlessly sell a big collection of digital assets. All transactions are frictionless, from minting (the process by which digital files are transformed to NFTs using smart contracts) to secondary sales, and the artist may effortlessly collect revenues or royalties from each sale.
The board ape yacht club is without a doubt today's most popular art collection. In 2022, the top seven most expensive bored ape yacht club NFTs covered in this article have increased in popularity. BAYC has been dubbed the "gold standard" to which all other NFTs should strive.