What is Bored Ape Yacht Club?
Bored Ape Yacht Club is a collection of over 10,000 collectable NFTs created programmatically from 170 unique traits. They are stored as ERC-721 tokens and operate on the Ethereum blockchain. In March 2022, a coin connected to the Bored Ape NFT operations was also issued: ApeCoin. ApeCoin's market capitalization on the date of last updating this review (14 September 2022) was USD 1.54 billion and the price per token was USD 5.00.
Each Bored Ape artwork also serves as the membership card of the Yacht Club to get access to members-only benefits. Owners of Bored Ape NFTs can access the digital graffiti board known as the “The Bathroom Wall”. One can even adopt a virtual dog through Bored Ape Yacht Club.
Who created Bored Ape Yacht Club?
Bored Ape Yacht Club is created by Yuga Labs LLC. It is based out of Delaware and was founded in February 2021.
What is an NFT Description
NFT is an acronym for “Non-Fungible Tokens”. Something which is fungible is replaceable. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.
Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known).
Is investing in Bored Ape Yacht Club a good investment?
It is impossible to speculate about whether investing in Bored Ape Yacht Club is a good investment or not. The best answer we 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.
The following picture shows the price development for Bored Ape Yacht Club NFTs as of 9th August 2021. The picture is obtained from OpenSea.io.
As is evident from the above picture, as of 9 August 2021, the all-time average price is 3.5365 ETH and the all-time volume in the market of Bored Ape Yacht Club is ETH 65,963.4228.
How many Bored Ape Yacht Club are out there today?
On the date of first writing this review 9th August 2021, there were 10,000 different Bored Ape Yacht Club NFTs out there. This is the maximum number of Bored Apes and no new NFTs can be created.
How expensive is the most expensive Bored Ape Yacht Club NFT ever sold?
Bored Ape Yacht Club most expensive NFT is the Bored Ape #7345 and was sold at 18.5 WETH. Here’s an image of the NFT:
Where can I buy Hashmasks?
There are numerous NFT marketplaces out there where you can buy NFTs. The biggest of them all is OpenSea.io. Hashmasks can of course also be bought there.
To find all other NFT marketplaces where you can buy Hashmasks, please visit or NFT Marketplace List (the largest, most updated and most comprehensive such list in the world).