BAYC NFTs: The Good, the Bad, and the Ugly 🐵

Bored Ape Yacht Club (BAYC) is one of the most popular NFT collections in the world. It features a collection of 10,000 unique digital apes, each with its own unique traits and accessories. BAYC NFTs have been sold for millions of dollars, and they have become a status symbol for many crypto enthusiasts. If you don't believe me, check out X handles of celebrities like NBA star Stephen Curry and others...

But before you get steamrolled, let's evaluate the pros and cons of BAYC NFTs? 🤔

PROS>
Exclusive community: BAYC NFT holders have access to an exclusive community and club, which includes access to events, merchandise, and other perks. 🗝️Potential investment: BAYC NFTs have the potential to be a valuable investment. 
Some BAYC NFTs have sold for millions of dollars, and the value of BAYC NFTs has been steadily increasing over time. 📈
Status symbol: BAYC NFTs are a status symbol for many crypto enthusiasts. Owning a BAYC NFT is a way to show that you are a member of the exclusive BAYC community and that you are interested in NFTs and the crypto space. 🏆

CONS>
Pricey: BAYC NFTs are very expensive. The cheapest BAYC NFT currently costs over 100 ETH, which is equivalent to tens of thousands of dollars. 💸
Speculative investment: BAYC NFTs are a speculative investment. There is no guarantee that their value will continue to increase over time. In fact, it is possible that the value of BAYC NFTs could plummet in the future. 📉
Exclusivity: The BAYC community is very exclusive. It is difficult to become a member of the community, and the only way to do so is to purchase a BAYC NFT. This makes it difficult for people who are interested in BAYC but cannot afford to purchase a BAYC NFT to participate in the community. 🔒

I personally do not own a BAYC but I don't feel I am missing out at all! Do you know anyone who has an AUTHENTIC BAYC? Comment below...

#NFTMarketTrends #bayc

BoredApeYachtClub (BAYC) experienced a 5.30% daily increase in floor price on February 22nd, with co-founder Greg Solano resuming his role as CEO.

#BoredApeYachtClub #bayc #nft

BasedVC and Bored Ape Yacht Club (BAYC) have partnered to launch APES Capital, a new venture capital initiative.

The partnership aims to increase investment opportunities for BAYC community members by supporting blockchain gaming startups through tokenized ownership and community-led investment.

#web3 #basedVC #BoredApeYachtClub #bayc #pizzaday

Cryptocurrency VC firm Tiger Global has reportedly seen a significant decline in the value of its holdings in NFT marketplace OpenSea (OpenC) and the popular NFT project Bored Ape Yacht Club (BAYC). According to sources, Tiger Global's holdings in OpenSea have decreased by 94%, while its holdings in BAYC have dropped by 69%. As a result, the firm has experienced a book loss of 18% as of the end of September. Tiger Global, a major player in the crypto investment space, manages funds worth approximately $50 billion. This highlights the volatility and risks associated with NFT investments. 📉💰🦁 #NFT #TigerGlobal #OpenSea #bayc

#NewProfiIePic NFT by @BoredApeYC

I use to be bored at parties

So good to own such an ape that fits to me🙏
#bayc

The monkey house is getting closer and closer. Judging from some pictures released so far, the quality is quite high. #yugalabs #bayc

❤️Follow me,about #Web3 💛

Is #NFT really a valuation generation preposition or is it just a gimmick by the #nftcommunity to infuse value into something totally fictitious. The rise and fall of #bayc can give a better perspective to the case, when the value reached to almost 2 #BTC

#coingabbar

On March 28, #bayc metaverse project Otherside announced the launch of the 2D strategy game Legends of the Mara (LOTM), which will start after the "Otherside: 2nd Trip" event ends.

The game introduces a new NFT line called Mara.

❤️Follow me ,more news about #yugalabs or #NFT 💛

🔶️😇

March 25th, 2023. 12:00 PM EDT / 4:00 PM UTC Yuga labs Otherside meta 2nd trip

#bayc #nftcommunity #NFT #Web3 #web3gaming

🔶️😇 i missed out on #bayc and its to much forme to get an ape.

so for fun i have the mini version of the #NFT 😁 also fun and created by a bayc holder

#Binance #nftcommunity #dyor

🔶️😇

7,200+ concurrent Voyagers who joined for 2nd Trip on the otherside meta. The #bayc from the swamp to the #Metaverse xD

#nftcommunity #NFT #GameFi

BAYC copycat files opposition to 10 Yuga Labs trademark applications

A Yuga Labs spokesperson has played down the significance of the opposition notice and suggested that the RR/BAYC co-founder is just trying to cause trouble.
#crypto2023 #bayc

Don't be mad at Blur, Machi or whoever is responsible for the dump but bless them for the opportunity to buy cheaper apes or Bayc
#crypto2023 #blur #yoga #bayc

If you sold the @BoredApeYC Sewer Pass Golden Key for 1,000 ETH.

Which floors would you sweep 🧹👀
#crypto2023 #NFT #bayc

🔶️😇

Our first discovery of Otherside Relics by Gucci, is a limited-edition Gucci-branded pendant of a Koda that pays homage to the origins of Otherside.

🩵 Yugalabs collab with gucci for the othersidemeta #nftcommunity #NFT #yugalabs #bayc

999eth ($1.63M) offer on a golden key sewer pass.

Only a yuga asset can fetch prices like that in this market 🫡🫡
#crypto2023 #bayc #sewerpass

🔶️😇

Kodas have a thing for relics.

The 3,333 KodaPendants, an Otherside Relic by gucci, will be available for purchase for 450 apecoin on April 6th.

House of Gucci, in the metaverse with Yuga Labs 🔥 #yugalabs #bayc #nftcommunity #NFT #Web3

🔶️😇

Gucci is ✨️🚀

Continuing to explore the #Metaverse the House comes together with #yugalabs

Stay tuned as a new narrative takes shape, blurring the boundaries between the physical and digital #nftcommunity #bayc #NFT

Bored Ape Yacht Club (BAYC) has launched a revamped main website, which is still in its early stages.

#bayc #nft #BoredApeYachtClub