Bored Ape Yacht Club (BAYC) Flips CryptoPunks in NFT All-Time Sales Ranking
Bored Ape Yacht Club has seen its sales outperform competitor projects such as Mutant Ape Yacht Club (MAYC), Art Blocks, Otherdeed, NBA Top Shot, Azuki, CloneX, VeeFriends, and Moonbirds. More importantly, BAYC’s $2.4 billion in sales volume has exceeded one of the most successful digital collectibles projects, CryptoPunks.
Launched in April 2021, Bored Ape Yacht Club is comprised of 10,000 unique NFT digital collectible ape avatars. Like most NFTs, the project struggled in its first month generating just $37,557 in sales. There were 141 unique buyers and 176 total transactions. The average sale value was $213.39 — far below the cost of 1 ETH. Bored Ape NFT sales benefitted massively from the huge liquidity that was poured into the market and volume reached approximately $17 million.
Source
@Metaverse_Web3_GameFi
