The Bored Ape Yacht Club NFTs sold out in 12 hours and hit CryptoPunk pricing

As many of you know by now, I’ve been getting more and more interested in NFTs and investing in a handful of them that I think are promising. Last week I wrote an article about how I spent $1,000 on a pixelated cartoon ape, and today I’m writing about different cartoon ape, these ones aren’t from space, but they are part of a cool yacht club for bored apes.

What I’m really enjoying about some of these NFT projects is the creative things that the teams behind them are doing to make the whole experience fun and interesting. This is where I think the Bored Ape Yacht Club really hit it out of the park and why they’re seeing the success they are.

So first, what the heck am I talking about? Read this:

Bored Ape Yacht Club

What I think makes the Bored Ape Yacht Club particularly interesting is the fact that buying one of their NFTs gives you access to their community, it doubles as your Club Membership card. A lot of NFT projects are seeing really dynamic communities form around them and in this case, the Board Ape Yacht Club is going the extra mile in making their community fun.

While all NFT projects have Discords, and it’s super fun to be a part of those communities, I think more and more NFTs are going to take this path and do things to make their community different. Here’s a bit more about the club:

Bore Ape Yacht Club Details

The team behind the Board Ape Yacht Club set goals for themselves on their way to selling 100% of their NFTs. For new projects like these I think the expectation is it will likely take months to sell out, if it happens at all. By gamifying the process of hitting different sales goals NFT creators can generate more buzz around their project. Here’s the roadmap that the team put together for the Board Ape Yacht Club sales journey:

Bored Ape Yacht Club Roadmap Activations

What happened this weekend was pure magic, and definitely exceeded everyone’s expectations. The entire project sold out in 12 hours. Yes, not 12 days, 12 hours. So it’s safe to say everyone’s Moms are paid back, and well, there’s a lot of work to do now since they definitely didn’t expect to be delivering everything all at once.

The team took to Discord today to share the news:

Bored Ape Yacht Club Sold Out

I absolutely love seeing this. Honestly, you can feel the joy and projects like this are what make me believe in the future of NFTs. The time and energy people put into making projects like this is probably a lot more than most people think. Like they said on Discord, their devs haven’t slept in a couple of days, but something tells me they’re sleeping well tonight. The top ape sold for 21 ETH, which is close to the price of the lowest priced CryptoPunk which is pretty crazy if you think about it 😜

Unfortunately I wasn’t fast enough so now I find myself standing in line outside of the Bored Ape Yacht Club trying to explain to the bouncer that I think my name should be on the list 😢  My goal today is to get into the club, not quite sure how I’ll be able to make it happen yet, but I can tell you I’ve never been so excited about getting into a club, and  I believe where there’s a will there’s a way.

Congrats to the whole Bored Ape Yacht Club team, hope to see you on the inside! 🙌

Morgan Linton

Morgan Linton