π§Additional info on the Bored Ape Yacht Club
April 2021: Bored Ape Yacht Club came out with a mint price of 0.08 ETH or at the time, $192. The collectionβs floor price, the cheapest NFT in the collection as set by the selling price, was even lower. The least expensive BAYC NFT traded for about 0.03 ETH, or about $70.
Just nine months later, the BAYC floor price is 100 ETH, or about $290,000. Thatβs an increase of about 145,000%. Whatβs mindblowing about it is that this only talks about the floor price NFTs β rare ones sold for millions and had an even larger ROI. If that wasnβt enough, there was also added value by getting the MAYC airdrop and minting a Kennel.
Mutant Apes are created by giving one out of three possible serum variations to a Bored Ape, and initially, users were airdropped the serum. The resulting separate NFT thatβs now part of the Mutant Ape Yacht Club collection that has a floor of 22 ETH, worth roughly around $64K. Again, weβre looking at the floor price, so this price is the lowest in the collection.
Letβs also have a look at the Bored Ape Kennel Club. The collection currently has a floor price of around 8 ETH, worth about $23K. This collection wasnβt airdropped, but BAYC owners could claim their companions by paying for gas fees needed for the mint.
So, with all of the above in mind, holding a single Bored Ape NFT and going through the MAYC and BAKC iterations would have given the owner roughly $377,000 in value so far.
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