Record-breaking Bored Ape NFT: $ 26 million at Sotheby’s auction

    News from the digital and NFT world – 09 SEPTEMBER 2021

    Every day, Art Rights Magazine selects the best news from the world of digital art, to stay up to date!

    Record-breaking Bored Ape NFT: $ 26 million fetched at Sotheby’s auction.

    The Sotheby’s auction of the 101 NFTs set of the famous Bored Ape Yacht Club sold for $ 26 million has just ended.

    The crypto market asset is heating up more and more and the images of cute monkeys with the most unlikely expressions, clothing and moods are driving crypto collectors crazy.

    The Bored Ape are part of the NFT “Bored Ape Yacht Club” collection, a set of 10,000 computer generated monkeys, made by the US company Yuga Labs. The owners of the ape NFTs now become members of an absolutely exclusive online club with completely unexpected implications.

    The lot contained 101 of these apes, with different combinations of characteristics such as clothing, accessories and facial expressions, as well as the ability to generate six new “mutant” Bees with a “serum”.

    The sale included a second batch, the “Bored Ape Kennel Club” NFTs – a set of dogs, marketed as pets for monkeys.

    This brought in $ 1,835,000 and the monkey lots combined reached $ 24,393,000, bringing the total for sale to $ 26,228,000.

    From a quick calculation, every single Ape NFT is now worth around $ 245,121,495.

    This sale exceeds the one in May for the CryptoPunk set, sold for $ 16.9 million at Christie’s.

    Generative NFT collections like these have taken off in recent months, with all kinds of imitations, animals – penguins and whales – and twists and turns to take advantage of the hype.

    After its debut, BAYC quickly became the second biggest name in the NFT collections, right behind that of CryptoPunks.

    The cheapest Bored Ape as of this writing has a floor price of around $ 149,000.

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