101 Bored Ape NFT Sold By Sotheby’s At $24 Million

SNIPPETS

  • This was the “most significant” Bored Ape Yacht Club transaction, according to Sotheby’s.
  • Images of colourful animated apes can be found in the NFT set.
  • There’s also the possibility of making six additional mutants.

This year, the popularity of non-fungible tokens (NFTs) reached new highs. These intangible digital assets, which represent one-of-a-kind virtual things such as photos, movies, and other media, have swept the art world.

A unique collection of 101 Bored Ape Yacht Club NFTs has just been sold at Sotheby’s auction house for a stunning $24.4 million (approximately Rs. 179.2 crores).

Sports business reporter Darren Rovell posted a tweet addressing the NFT sell and appraising the marketplace on reaching new highs.

These cartoons make up 1% of the whole collection of Bored Apes. Images of colourful animated apes can be found in the NFT set. The apes are seen wearing various accessories and apparel and have a variety of facial expressions.

There’s also the possibility of making six additional mutants. The animated photos of the bored apes are part of the Bored Ape Yacht Club collection of NFTs, which was created by Yuga Labs in the United States.

It consists of a complete series of approximately 10,000 computer-generated cartoons.

Sotheby’s noted in a tweet that this was the “most significant” sale of the Bored Ape Yacht Club to yet.

In another tweet, the Bored Ape Yacht Club stated that it was a “historic moment for the club”, and congratulated and thanked the “whole ape community”. They further added, “To the buyer, I think we speak for everybody when we say: WELCOME TO THE CLUB.”

The ‘Bored Apes’ purchasers also receive intellectual property rights. 101 Bored Ape Yacht Club has apes with various clothing accessories, solid gold or psychedelic fur, unshaved faces, pizza hanging from the lips, and so on in this collection.

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