{"id":14836,"date":"2023-01-27T08:03:08","date_gmt":"2023-01-27T08:03:08","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=14836"},"modified":"2025-09-10T15:19:53","modified_gmt":"2025-09-10T15:19:53","slug":"what-is-bored-ape-yacht-club-bayc","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bored-ape-yacht-club-bayc","title":{"rendered":"What is Bored Ape Yacht Club (BAYC)?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bored-ape-yacht-club-bayc\/#what_is_bored_ape_yacht_club_bayc\" >What is Bored Ape Yacht Club (BAYC)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bored-ape-yacht-club-bayc\/#advantages_of_bored_ape_yacht_club\" >Advantages of Bored Ape Yacht Club<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bored-ape-yacht-club-bayc\/#what_is_bored_ape_kennel_club\" >What is Bored Ape Kennel Club?<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Currently, the NFT market has become one of the spaces with the most expensive and highly valued collections. These collections are so numerous that it becomes complicated to keep track of them. Among them are the ones we are all familiar with such as <strong>CryptoPunks<\/strong>, <strong>Solana&#8217;s SolPunks<\/strong>,<strong> Degenerate Apes and Bored Ape Yacht Club<\/strong>. These are just a few of NFT&#8217;s many multi-million dollar collections.<\/p>\n<p>If you&#8217;re interested in this space, you&#8217;ll probably want to <strong>read this article<\/strong>.\u00a0In it we will tell you all about one collection in particular, Bored Ape Yacht Club. Then we will tell you how it works, what are its main features, and so on.<\/p>\n<p>You probably know that the first known one, called <strong>NFT Quantum<\/strong>, was developed by<strong> Anil Dash and Kevin McCoy<\/strong> in <strong>2014<\/strong>. However, it was not until early 2021 when the NFT boom took place. It was then that this market began to thrive. The change was so <strong>noticeable<\/strong> that monthly NFT sales rose from $50 million to an incredible <strong>$322 million<\/strong> between the months of February and July <strong>2021<\/strong> alone. While prices in the market have dropped a bit, more and more works of art are being included in it.<\/p>\n<p>After the period of increase in this market, the works of many artists stood out, such as Beeple. This artist managed to reach a record thanks to his collection \u00ab<strong>EVERYDAYS: THE FIRST 5000 DAYS<\/strong>\u00ab.\u00a0This collection was sold for a total of 69 million dollars. Thanks to this type of sales, it was demonstrated that in the NFT market, <strong>collector&#8217;s items<\/strong> are the ones that most interest the public.<\/p>\n<p>During this stage, NFTs were classified from most <strong>profitable<\/strong> to least profitable. This classification includes <strong>collectibles, <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-the-metaverse\">metaverse<\/a> NFTs, sports collectibles and crypto art.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_1865545925\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC1.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC1-300x205.jpg 300w\" alt=\"Bored-Ape-Yacht-Club-(BAYC)\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC1-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC1.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_is_bored_ape_yacht_club_bayc\"><\/span><strong>What is Bored Ape Yacht Club (BAYC)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You may have seen this <strong>collection<\/strong> or heard about it. If not, here&#8217;s everything you need to know. Bored Ape Yacht Club is an NFT collection consisting of <strong>10,000 ape avatars<\/strong>. Within the range of 10,000 avatars comes all the creativity in the world to create, redundantly, all kinds of apes with their own style under the sunlight.<\/p>\n<p>Among these apes we can find some <strong>cyborgs<\/strong>, some apes with rainbow skin, lazy and hardworking apes and even apes with laser eyes, everything we can imagine. In fact, we can say that there are more <strong>BAYC<\/strong> than types of people. These characteristics made users interested in acquiring these collection pieces at any price. All this in record time. Just a few days after the launch of the collection, at the end of April, the 10,000 apes were already sold out. They were sold for a total of<strong> 24.3 million dollars<\/strong>, which leaves an individual value of approximately 2,000 dollars each.<\/p>\n<p>This collection was created by Yuga Labs basing its inspiration on the famous \u00abPlanet of the Apes\u00bb trilogy. Another inspiration was the well-known meme \u00abApes together strong\u00bb uttered by Caesar in the first movie: \u00ab<strong>The Rise of the Planet of the Apes<\/strong>\u00bb from 2011.<\/p>\n<p>Clearly, to develop such a successful collection, there must be a skilled and experienced team behind it. This is the case of the Yuga Labs team. Its staff consists of four main members under pseudonyms. These members hide under the creation of cartoon apes. They are: <strong>Gargamel<\/strong>: Starcraft obsessed. Smurf Eater. The second is <strong>Gordon Goner<\/strong>: reformed leverage addict. The third is <strong>Emperor Tomato Ketchup:<\/strong> spent all his money on first presses and Pet-Nat. And finally, <strong>No Sass:<\/strong> Here for the apes, not \u00abThe Sass\u00bb.<\/p>\n<p>This collection of <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-are-nft-tokens-and-how-do-they-work\/\">NFTs<\/a> is hosted on the Ethereum blockchain. Each of Bored Ape Yacht Club&#8217;s NFTs is based on the <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-an-erc-721-token\">ERC-721<\/a> token standard and not the <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-an-erc-20-token\">ERC-20<\/a> standard which represents over 900 <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/\">altcoins<\/a>.<\/p>\n<div class=\"is-divider divider clearfix\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC-300x205.jpg 300w\" alt=\"Bored-Ape-Yacht-Club-(BAYC)\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/03\/Bored-Ape-Yacht-Club-BAYC.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<h2><span class=\"ez-toc-section\" id=\"advantages_of_bored_ape_yacht_club\"><\/span><strong>Advantages of Bored Ape Yacht Club<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This collection is not only a set of NFT, it also has certain <strong>advantages and purposes<\/strong>. Each <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-hold\">holder<\/a> of this NFT collection has a lifetime membership to a secret club just for \u00ab<strong>Apes<\/strong>\u00ab. Among the most famous and well-known Bored Ape owners is NFT star Stephen Curry. Stephen got <strong>$180,000<\/strong> for a Bored Ape. Jimmy Fallon, Post Malone, Snoop Dogg, Steve Aoki, Mark Cuban, Shaquille O&#8217;Neal, Marshmello, among others, also have their BAYC.<\/p>\n<p>To date, the benefits of membership are considered to be highly profitable. For example, the Yuga Labs team creatively launched a second series of apes. Instead of a new series, they launched <strong>10,000 \u00abMutant Ape Serum Vials\u00bb<\/strong>. Each life member received <strong>one free<\/strong>. This was one of the most notable advantages of owning an NFT from the collection. The NFTs have three levels. These are <strong>M1, M2 and Mega Mutant<\/strong>. Once a regular Bored Ape is injected with a \u00abserum vial\u00bb, a <strong>Mutant Ape Yacht Club<\/strong> NFT is generated.<\/p>\n<p>Outside of the Club, another <strong>10,000 \u00abserum vials\u00bb<\/strong> were released to the public which sold for the approximate unit value of $10,000 or what at the time was approximately 3 ETH. According to statistics provided by <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-opensea-the-ebay-of-nfts\/\">Open Sea<\/a>, at the time of the release of the vials, the Mutant Ape strain reached nearly <strong>$260 million<\/strong> in total sales.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"what_is_bored_ape_kennel_club\"><\/span><strong>What is Bored Ape Kennel Club?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One of the branches of this collection is very different from <strong>Bored and Mutant Apes, this is Bored Ape Kennel Club (BAKC)<\/strong>. BAKC also has <strong>10,000 units<\/strong>. This was an exclusive one-time offer that came to an end on <strong>June 25<\/strong>. The offer lasted for one week and club members were eligible to receive a Club Dog NFT for each Bored Ape in their possession. Each dog has unique characteristics derived from <strong>170 possible<\/strong> <strong>dogs<\/strong>, each with varying levels of rarity.<\/p>\n<p>At first these dogs were <strong>free<\/strong>, so buyers only had to pay the <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-gas-in-ethereum\">gas<\/a> fee. This all changed when the BAKC collection entered the secondary market. The collection would have a royalty rate of <strong>2.5% for each sale.<\/strong> Subsequently, the proceeds would go to animal <strong>shelters<\/strong>. These included The Giving Block and Wright-Way Rescue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Currently, the NFT market has become one of the spaces with the most expensive and highly valued collections. These collections are so numerous that it becomes complicated to keep track of them. Among them are the ones we are all familiar with such as CryptoPunks, Solana&#8217;s SolPunks, Degenerate Apes and Bored Ape Yacht Club. These [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185],"tags":[],"class_list":["post-14836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-en"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/14836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=14836"}],"version-history":[{"count":2,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/14836\/revisions"}],"predecessor-version":[{"id":24515,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/14836\/revisions\/24515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/6849"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=14836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=14836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=14836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}