You have a set amount — usually between 5,000 and 10, which all have the same template, but each has different attributes that make them unique. In the case of BAYC, there are 10,000 apes, each with varying fur types, facial expressions, clothing, accessories and more. Each attribute has a rarity component, which makes some much more valuable than others. In essence, an NFT is like a certificate of authenticity for a fancy watch or the deed to a house. It certifies that the digital asset — in this case a cartoon picture of an ape — is legitimate, and denotes who the owner is. Far from the all-time-high, but insane considering these NFTs sold for about $200 apiece last April. As it turns out, BAYC is a popular target for hackers and thieves. A separate report from ImmuneFi claims that 143 Bored Ape Yacht Club NFTs worth $13.6 million have seen their token IDs travel to different addresses without authorization since June of 2021. nft game how this is even possible, given these Apes don’t exist in the “real world” and are digital creations. Potentially causing further movement ahead is the danger of liquidation for several borrowers at BendDAO. The higher the floor price on a collection, the more crypto-rich traders you can expect to be holders. These savvy investors trade information within locked Discord groups, providing valuable tips to one another. Last but not least is the community that's built around a collection. The more valuable people find belonging to that community, the less they'll want to sell their NFT. Bored Ape Yacht Club has organized meetups in New York and California, and there have been Bored Ape get-togethers in Hong Kong and the UK, too. nft mart can give you is to show a picture of the price development so far. But remember that under no circumstances should the historic return on investment be considered a guarantee of the future return on investment. In nyc nft -August, the BAYC fixed the Arcade Machine, the final bullet from the team’s original roadmap. With the Arcade Machine fixed, Bored Ape holders received one of two separate Mutant serums , which could be used on their ape. As of 2022, sales of the Bored Ape Yacht Club NFTs have totaled over US$1 billion. Various celebrities have purchased these non-fungible tokens, including Justin Bieber, Jimmy Fallon, Snoop Dogg, Eminem, Gwyneth Paltrow, Madonna, Neymar, Paris Hilton, Timbaland, and DJ Steve Aoki. NFT art has flipped the traditional art industry on its head — not just because of the headline-grabbing numbers but also the promise of provenance. Yuga Labs would take a very different approach to Bored Ape Yacht Club than Larva Labs did with the CryptoPunks. But in any case, their value is individual, the CryptoPunks can be appreciated without the need to take into account the larger group of which they are a part. Another key factor that explains the success of the collection is that Bored Ape Yacht Club is conceived as a kind of digital club.