An NFT is a unique digital token on the blockchain and is typically an image or something similar. The process of creating the very first entry for an NFT on the blockchain is referred to as minting the NFT. BAYC, short for Bored Ape Yacht Club, is an NFT collection of 10,000 apes, each of which is stored as an ERC-571 token on the Ethereum blockchain. It was first released in April 2021 and quickly became a stellar success. The original vision was to create an exclusive club for folks who ma...