{"id":5540,"date":"2023-09-29T10:03:11","date_gmt":"2023-09-29T10:03:11","guid":{"rendered":"https:\/\/realacademy.io\/?p=5540"},"modified":"2023-09-29T10:03:12","modified_gmt":"2023-09-29T10:03:12","slug":"5540","status":"publish","type":"post","link":"https:\/\/realacademy.io\/index.php\/2023\/09\/29\/5540\/","title":{"rendered":"Bored Ape Yacht Club (BAYC)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5540\" class=\"elementor elementor-5540\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e8e76e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e8e76e7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cafd25e\" data-id=\"cafd25e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-788608b elementor-widget elementor-widget-image\" data-id=\"788608b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 07-02-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1020\" height=\"455\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/floor-1024x457.jpg\" class=\"attachment-large size-large wp-image-5607\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/floor-1024x457.jpg 1024w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/floor-300x134.jpg 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/floor-768x343.jpg 768w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/floor-510x228.jpg 510w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/floor.jpg 1366w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">BAYC floor price<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11b300e blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"11b300e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 07-02-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>A Brief Description of BAYC<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a945fc blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"9a945fc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Bored Ape Yacht Club: Bored Ape Yacht Club is simply a collection of non-fungible tokens. It will be released in April 2021. The entry-level price for a Bored Ape Yacht Club NFT has dropped below $100,000 for the first time since August 2021. It&#8217;s down 78% since late April, when Bored Apes debuted at nearly $429,000.A BAYC cost 0.08 Ether (ETH), the Ethereum platform&#8217;s native cryptocurrency, at the time of launch, which was equivalent to $220 at the time. By mid-October 2022, it had sold out in 12 hours and had risen to a &#8220;floor price&#8221; of 76 ETH, or about $100,418. In March 2022, BAYC introduced ApeCoin as the official currency of the BAYC ecosystem. ApeCoin was distributed to BAYC NFT holders shortly after its launch. As previously stated, ApeCoin holders can participate in the governance process and interact with the Bored Ape ecosystem. ApeCoin DAO members will oversee future development on the team&#8217;s roadmap, which includes developing blockchain games, hosting virtual events in the metaverse, and launching physical products. Yuga Labs announced its plans to launch its own metaverse project, Otherside, in March 2022. On April 30, 2022, exactly one year after the minting of the BAYC, it officially held a sale of metaverse land (called Otherdeeds).<\/span><span style=\"font-weight: 400;\"> There were 55,000 parcels of digital real estate available in total. Each cost 305 APE (approximately $6,000). Yuga Labs earned more than $300 million from the sale, which was conducted entirely in ApeCoin. Bored ape yacht club is ranked #6066 on Coinmarketcap and #1152 on Coingecko, and it is available for purchase on Binance and Coinbase.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef504b8 elementor-widget elementor-widget-image\" data-id=\"ef504b8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1020\" height=\"536\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/yuga-labs-social.jpg\" class=\"attachment-large size-large wp-image-5600\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/yuga-labs-social.jpg 1024w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/yuga-labs-social-300x158.jpg 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/yuga-labs-social-768x404.jpg 768w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/yuga-labs-social-510x268.jpg 510w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Yuga Labs - The Team behind BAYC<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fca121b blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"fca121b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The BAYC Team<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f66755f blog-text-content elementor-widget elementor-widget-text-editor\" data-id=\"f66755f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The Bored Ape Yacht Club was created by Yuga Labs. The team consists of four pseudonymous core members: co-founders Gordon Goner and Gargamel, as well as No Sass and Emperor Tomato Ketchup, who handled BAYC&#8217;s technical aspects.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Greg Solano is the Founder of Bored ape yacht club, He attended the University of Virginia and studied MFA.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b82c66d elementor-widget elementor-widget-image\" data-id=\"b82c66d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1020\" height=\"681\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/NFT-BAYC-Floor-price-1024x684-1.jpg\" class=\"attachment-large size-large wp-image-5601\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/NFT-BAYC-Floor-price-1024x684-1.jpg 1024w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/NFT-BAYC-Floor-price-1024x684-1-300x200.jpg 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/NFT-BAYC-Floor-price-1024x684-1-768x513.jpg 768w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/NFT-BAYC-Floor-price-1024x684-1-510x341.jpg 510w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">BAYC compared with some other NFT projects<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a2ae57 blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"8a2ae57\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Advantages of BAYC<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-048e2a7 blog-bullets elementor-widget elementor-widget-text-editor\" data-id=\"048e2a7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buying an ape entitles you to membership in the Bored Ape Yacht Club.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Only 10,000 BAYC NFTs will ever be created, making them one of a kind.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Access to additional NFT airdrops<\/span><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65ae545 blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"65ae545\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Disadvantages of BAYC<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e83927 blog-bullets elementor-widget elementor-widget-text-editor\" data-id=\"5e83927\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The price is too High<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There is no simple way to purchase BAYC using typical payment methods such as a credit card.<\/span><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-054f581 elementor-widget elementor-widget-image\" data-id=\"054f581\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"680\" src=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246-1024x683.png\" class=\"attachment-large size-large wp-image-5602\" alt=\"\" srcset=\"https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246-1024x683.png 1024w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246-300x200.png 300w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246-768x512.png 768w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246-1536x1024.png 1536w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246-510x340.png 510w, https:\/\/realacademy.io\/wp-content\/uploads\/2023\/02\/image_2022-05-18_203615246.png 1890w\" sizes=\"(max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">BAYC art<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5428b3a blog-heading elementor-widget elementor-widget-text-editor\" data-id=\"5428b3a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Use cases of BAYC<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f055c0 blog-bullets elementor-widget elementor-widget-text-editor\" data-id=\"8f055c0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Governance \u2013 Participate in the ApeCoin DAO by making decisions about the direction of the community and partnerships with other ventures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Spending \u2013 Use it as a decentralized currency, powered by the Ethereum blockchain.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Access \u2013 Hold the tokens to be granted future opportunities as part of the community.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Incentivization \u2013 Incorporate it into the ecosystems of new blockchain projects like games or metaverses.<\/span><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The Bored Ape Yacht Club is a Non-Fungible Token art project that consists of 10,000 unique Ape drawings. These are one-of-a-kind digital collectibles built on the Ethereum blockchain. Each Bored Ape also grants its owner membership in the club and access to certain benefits.<\/p>\n","protected":false},"author":1,"featured_media":5543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bored Ape Yacht Club (BAYC) - Real Crypto Academy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/realacademy.io\/index.php\/2023\/09\/29\/5540\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bored Ape Yacht Club (BAYC) - Real Crypto Academy\" \/>\n<meta property=\"og:description\" content=\"The Bored Ape Yacht Club is a Non-Fungible Token art project that consists of 10,000 unique Ape drawings. 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