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📝 Introduction
The Bored Ape Yacht Club, which was launched in 2021, is similar to pieces of artwork sold physically; however, these pieces exist only digitally and are one of a kind because they live on the blockchain—which allows ownership.
KEY TAKEAWAYS
- Bored Ape Yacht Club, also known as BAYC, is a non-fungible token (NFT) collection of 10,000 cartoon-like apes.
- At the time of launch, each Bored Ape Yacht Club token cost 0.08 Ether (ETH), equivalent to $220, but in mid-October 2022, they were priced at a minimum of 76 ETH, worth approximately $100,418.
- BAYC was developed in April 2021 by Yuga Labs, and the founders use the pseudonyms Gordon Goner and Gargamel.
- Rarity, utilities, and celebrity endorsement drive the high price of the BAYC collection.
- BAYC is considered a status symbol, and celebrities like National Basketball Association (NBA) star Stephen Curry, singers Eminem and Snoop Dogg, and late-night show host Jimmy Fallon own one.
History of Bored Ape Yacht Club
The Bored Ape Yacht Club NFT was launched in 2021 at the pinnacle of the cryptocurrency bull market.
BAYC has flourished among other notable NFTs, including CryptoKitties and CryptoPunks.
At the time of launch, a BAYC cost 0.08 Ether (ETH), the native cryptocurrency of the Ethereum platform, which was equivalent to $220 at the time. It sold out within 12 hours; by mid-October 2022, it had climbed to a “floor price” of 76 ETH, or approximately $100,418. A floor price refers to the minimum cost of an NFT within a collection. The dollar value of BAYC is subject to the price of Ether—if ETH rises, the value of the NFTs within this collection takes off. BAYC’s trading volume on Oct. 14, 2022, according to NFT marketplace OpenSea, was 673,000 ETH.
In an historic moment in September 2021, Sotheby’s, one of the world’s largest auction houses, closed its online auction for 101 Bored Ape Yacht Club NFTs at $24.4 million.
BAYC has garnered interest from celebrities who purchased the NFTs at inflated prices. Some high-profile stars who flaunt their BAYC include “Tonight Show” host Jimmy Fallon, who bought Bored Ape #599; NBA champions Steph Curry and Shaquille O’Neal; singers Snoop Dogg, Eminem, and Justin Bieber; and world-class soccer player Neymar Jr.
Understanding What Makes Bored Ape Yacht Club Valuable
Whether the Bored Ape collection is truly worth millions of dollars has been hotly debated. Some believe the high valuations are simply based on speculation. But, in fact, rarity, celebrity endorsements, and utilities and perks have driven the collection’s value up.
Rarity
The array of BAYC’s unique traits and accessories are used to measure its value. The term “rarity” gauges how unusual an NFT is within a collection with an assigned number. In the BAYC collection, there are more than 160 traits, and each ape may have four to seven trait categories. These traits are background, clothes, earrings, eyes, fur, hat, and mouth.
The most expensive Bored Ape in the collection, BAYC #8817, was auctioned off in October 2021 for $3.4 million on Sotheby’s Metaverse marketplace, an online platform dedicated to rare and extraordinary NFTs. BAYC #8817 had the Solid Gold Fur trait—making it a relatively rare variety of the NFT. Other characteristics of the #8817 token are the Silver Hoop Earrings and the Wool Turtleneck.
Celebrity Endorsement
BAYC has enticed several celebrities and brands to own pieces of its NFT collection. Adidas is one of the brands contributing to the hype surrounding the NFT collection. Adidas launched “Into the Metaverse,” its native digital collectible, in partnership with Bored Ape Yacht Club, Gmoney, and PUNKS Comic. Following the partnership, BAYC uploaded an image of a Bored Ape wearing an Adidas jacket on Twitter; Gmoney also tweeted a silhouette picture that had an Adidas sweatshirt on; PUNKS Comic tweeted a picture of a character wearing a shirt with the Adidas logo imprinted on it.
Other celebrities who bought BAYC beyond those mentioned include billionaire Mark Cuban, prominent Twitter personality and DJ Steve Aoki, Twitter personalities and musicians Post Malone and Mike Shinoda, and producer and songwriter Timbaland.
How can I buy a Bored Ape token?
To buy a Bored Ape token and be part of the exclusive club, visit a platform where the BAYC collection is listed, such as OpenSea. Connect a compatible Ethereum wallet to the marketplace. Once that’s done, search “Bored Ape Yacht Club,” filter out the ape of your choice, and place an order. If the order is confirmed, the ownership of the ape will be transferred to you
📃 Purposes of dashboard
In this dashboard, Ape token is analyzed :
- Total and Daily / weekly / monthly swap count.
- Total and Daily / weekly / monthly swappers.
- Total and Daily / weekly / monthly swap volume (USD).
- Total and Daily / weekly / monthly count of token claimed.
- Total and Daily / weekly / monthly claimer.
- User categorize by swap count.
- User categorize by swap volume (USD).
- User categorize by count of token that hold.
- User categorize by count of token that claimed.
- Top 10 pool by count of swap.
- Top 10 pool by volume (USD) of swap.
- Top 10 user by swap count.
- Top 10 user by swap volume (USD).
- Top 10 holder by count of token hold.
- Top 10 claimer by count of token claimed.
👀 Observation ( part(1) , part(2) , part(3), part(4), part(5))
-
The count of swaps was in ==Apr==, ==Mar== and ==May== 2022 was more than other months.
-
The maximum count of swaps was ==30.248 K== in one day is related to ==18 Mar== of 2022.
-
The maximum count of swaps was in one week is related to ==forth week== of Apr 2022. (==149 K== in Apr and ==109.95 K== at first week of Apr).
-
Total count of swaps at each type / pool / platform was :
- type
- swap in = ==196.62 K== (==44.6%==)
- swap out = ==244.027 K== (==55.4%==)
- pool
- Weth - Ape = ==203.21 K== (==46.1%==)
- platform
- Uniswap - v3 = ==297.82 K== (==67.6%==)
\
- type
-
The count of swappers was in ==Apr==, ==Mar== and ==May== 2022 was more than other months.
-
The maximum count of swappers was ==8929== in one day is related to ==1 May== of 2022.
-
The maximum count of swappers was in one week is related to ==forth week== of Apr 2022. (==36.08 K== in Apr and ==27.86 K== at first week of Apr).
-
Total count of swappers at each type / pool / platform was :
- type
- swap in = ==1341== (==1.3%==)
- swap out = ==105.39 K== (==98.7%==)
- pool
- Weth - Ape = ==88.47 K== (==82.9%==)
- platform
- Uniswap - v3 = ==59.76 K== (==56%==)
\
- type
-
The volume (USD) of swaps was in ==Apr==, ==Mar== and ==May== 2022 was more than other months.
-
The maximum volume (USD) of swaps was ==623 M== in one day is related to ==29 Apr== of 2022.
-
The maximum volume (USD) of swaps was in one week is related to ==forth week== of Apr 2022. (==3.36 B== in Apr and ==2.51 B== at first week of Apr).
-
Total volume (USD) of swaps at each type / pool / platform was :
- type
- swap in = ==3.81 B== (==50%==)
- swap out = ==3.81 B== (==50%==)
- pool
- Weth - Ape = ==3.37 B== (==44.3%==)
- platform
- Uniswap - v3 = ==6.98 B== (==91.6%==)
- type
-
The maximum count of claimers was ==10.47 K== in one day is related to ==10 Mar== of 2022.
-
Total count of claimers was ==15.15 K.
-
The maximum count of tokens that claimed was ==99.484 M== in one day is related to ==10 Mar== of 2022.
-
Total count of tokens that claimed was ==144.1 M.
👀 Observation ( part(6) , part(7) , part(8))
-
Most of swaps volume (USD) was in ==100 - 500 USD== range. (==14.519 K== , ==18.9%==)
-
After ==100 - 500 USD== range most of swaps volume (USD) was in ==more than 100 K USD== range. (==10.726 K== , ==13.9%==)
-
Most of user sales count was in ==just one time== sale. (==45.54 K , 59.2%==)
-
After ==just one time== most of user sales count was in ==2 - 5 time== sale. (==25.483 K== , ==33.1%==)
-
Most of holder hold volume (Ape) was in ==hold less than 10 Ape== . (==49.91 K , 53.6%==)
-
After ==hold less than 10 Ape== most of user sales count was in ==hold 10 - 50 Ape== . (==18.36 K== , ==19.7%==)
-
Most of claimer claim volume (Ape) was in ==claim 1 K - 2.5 K Ape== . (==6377 , 42.1%==)
-
After ==claim 1 K - 2.5 K Ape== most of claimer claim volume (Ape) was in ==claim 10 K - 25 K Ape== . (==5478== , ==36.2%==)
👀 Observation ( part(15))
- Top 10 pool by count of swap :
:1st_place_medal: WETH - APE 201696
:2nd_place_medal: APE - WETH 156352
:3rd_place_medal: USDC - APE 21436
- Top 10 pool by volume (USD) of swap :
:1st_place_medal: WETH - APE 3.38 B
:2nd_place_medal: APE - WETH 3.38 B
:3rd_place_medal: USDC - APE 305.05 M
- Top 10 buyer by count of swap :
:1st_place_medal: 0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45 69969
:2nd_place_medal: 0x881d40237659c251811cec9c364ef91dc08d300c 16382
:3rd_place_medal: 0x4cb18386e5d1f34dc6eea834bf3534a970a3f8e7 36465
- Top 10 buyer by volume (USD) of swap :
:1st_place_medal: 0x68b3465833fb72a70ecdf485e0e4c7bd8665fc45 1.28 B
:2nd_place_medal: 0x4cb18386e5d1f34dc6eea834bf3534a970a3f8e7 584.59 M
:3rd_place_medal: 0x881d40237659c251811cec9c364ef91dc08d300c 411.72 M
- Top 10 holder by count of token that hold :
:1st_place_medal: 0xf977814e90da44bfa03b6295a0616a897441acec 29113067
:2nd_place_medal: 0x91951fa186a77788197975ed58980221872a3352 10833332
:3rd_place_medal: 0xfbe9f67c01a3566481d8e3a5d24625f2d9945a08 8333335
- Top 10 claimer by of token that claim :
:1st_place_medal: 0x54be3a794282c030b15e43ae2bb182e14c409c5e 1443066
:2nd_place_medal: 0x1b523dc90a79cf5ee5d095825e586e33780f7188 1278360
:3rd_place_medal: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872 942746
📃Contact Data
Discord : Abolfazl#2441
Email : Abolfazl.yeganeh77@gmail.com
Twitter : profile
Twite of this analyze : Link
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