Bored Ape Yacht Club (BAYC) just raised $450M on a $4B valuation.
And they also just bought CryptoPunks and Meebits.
FYI, the cheapest CryptoPunk costs $200K+.
Adding to that, BAYC is one of the biggest NFT project with an all-time trade value of $1B+
BAYC is an NFT collection of 10,000 released by Yuga Labs.
The initial idea was to create an “exclusive bar”.
Members receive commercial rights, online clubhouse access, and high resale value.
9 months after their release, BAYC became the second-most valuable NFT collection.
Apr/2021: Project Release with a floor price of $2k (0.8 ETH) — sold out in 12 hours
Jun/2021: Release of Bored Ape Kennel Club
Aug/2021: Release of Mutant Ape Yacht Club
Oct/2021: New York Bored Ape Yacht Festival
Nov/ 2021: BAYC as the first NFT cover featured in Rolling Stone
Jan/2022: BAYC announces collaboration with Super Plastic Toys
Feb/2022: Buzzfeed doxxed the 2 of 4 of the founders: Greg Solano and Wylie Aronow.