Bored Ape Yacht Club non-fungible token (NFT) project recorded a record sale on Wednesday.
While the CryptoPunk NFT collection has been getting most of the coverage lately, the Bored Ape Yacht Club (BAYC) project is picking up steam in the market. On Wednesday, Bored Ape Yacht Club #3749 was sold for 400 ETH on OpenSea. Based on the price of Ethereum at the time of sale, the total paid was $1.29 million. A new record for the Bored Ape Yacht Club collection. The NFT, one of just 69 in the series, was bought by OpenSea user Boothy. The collector also purchased Bored Ape Yacht Club #9507 for $175,140 on Monday.
10,000 Bored Ape Yacht Club NFTs were minted with each possessing unique traits and characteristics. What makes #3749 particularly desirable is a combination of features that add to its rarity and collectability. For example, #3749 is one of just 3% of Apes that sport a black t-shirt, one of 3% with a sea captain’s hat, and one of 4% with a grin on its face. The pièce de résistance of the NFT is that it is one of just 69 that has laser eyes and one of just 46 that has solid gold fur.