There’s been an uproar and criticism against the Bored Ape Yacht Club NFT recently. BAYC is a collection of 10,000 Bored Ape NFTs, unique digital collectibles living on the Ethereum blockchain. Each Bored Ape is unique and programmatically generated from over 170 possible traits, including expression, headwear, clothing, and more. All apes are dope, but some are rarer than others. BAYC is noted as one of the most successful NFT projects in the industry, with about 13,277 traders over time, a $1.05B Market cap, and 26,934 sales recorded. Also, all the collectibles are sold for an average price of $75.45k.
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