While non-fungible token (NFT) assets have been raking in
millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape
Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT
collectibles is a collection of 10,000 Bored Ape NFTs and just recently
the project sales volume has risen exponentially as it rests just below
Cryptopunks with $49.5 million in sales last week. Moreover, BAYC’s
official Twitter account revealed the project donated 66.45 ether (over
$200K) to Orangutan Outreach.
Bored Ape Yacht Club Sees Massive Sales This Week, Donates Over 66 Ether to Charity
On August 3, Bitcoin.com News reported on the Cryptopunks project and
how one punk owner wanted to sell a rare Cryptopunks NFT for $91
million. At the time, Cryptopunks held the top position in terms of
seven-day NFT sales, and today the NFT project still holds the top spot
with $117 million sold last week.
However, the Bored Ape Yacht Club (BAYC)
project has skyrocketed to the second position this week capturing
$49.5 million in weekly sales. Over 1,500 BAYC NFTs were sold during the
week and just recently five BAYC NFTs sold for over $500K per unit. The
$500K BAYCs sold this week include Bored Ape #7345, #7090, #8650, and
Bored Ape #8650.
This week the project has also announced it donated over $200K worth of ether or 66.45 ETH to the New York-based Orangutan Outreach
nonprofit. The company is all about protecting the “red apes” and
focuses on orangutans located in Southeast Asia and the Indonesian
island of Sumatra. BAYC detailed that it leveraged the Giving Block to donate to the organization.
“Good afternoon, apes. We just donated 66.45 ETH (~208k USD) to Orangutan Outreach via the Giving Block,” the Twitter account said.
The Swamp Club and the Bathroom
The BAYC project’s NFTs also gives owners access to a gated community
of NFT ape collectors. For instance, owning a BAYC gives access to the
Swamp Club and fellow apes also started a follow group #apefollowape on Twitter. BAYC also launched “The Bathroom”
which lets apes leverage a pixel paint canvas. The official BAYC
Twitter account has 48.7K followers to date and the project’s follower
count has grown exponentially during the last few weeks.
Rumor has it Mark Cuban owns his an ape similarly to the famous people who allegedly own Cryptopunks like the rapper Jay-Z. Allegedly, the chairman of Vaynerx, Gary Vaynerchuk has shared
a screenshot of his ape. It’s not the first time BAYC donated to animal
charities as the project sent funds to a slew of animal-centric
nonprofits on June 30.
“It’s an exciting day for us here at the BAYC,” the project tweeted at the time. “We just donated 135 ETH
(currently ~$291,000) to animal charities! We started the Bored Ape
Kennel Club collection to reward members and give back, but never
imagined we’d have this level of impact. Thank you, apes.”
source link : https://news.bitcoin.com/troop-of-bored-ape-nfts-rises-above-the-competition-bayc-donates-200k-in-eth-to-orangutan-outreach/
