Bored Ape Yacht Club Sells $96 Million of Mutant Ape NFTs in One Hour
1. Bored Ape Yacht Club holders received free Mutant Ape NFTs yesterday.
2. The project sold a further 10,000 Mutant Apes to the public for about $10,000 each.
3. The lowest asking price for a Mutant Ape on NFT marketplace OpenSea is around $22,400.
NFT project Bored Ape Yacht Club raised $96 million in a public sale of 10,000 Mutant Apes in a single hour on Saturday night, and airdropped a further 10,000 vials of mutant serum that let existing holders of the Ethereum-based NFT mint new apes for free.
Launched in April 2021, Bored Ape Yacht Club originally comprised 10,000 randomly generated NFTs. Each comes with different characteristics—for instance, some wear tweed suits while others smoke.
The project is similar to CryptoPunks, whose 10,000 computer-generated avatars look similarly vacant and are even more expensive.
OpenSea
