Yuga Labs LLCFounded2021; 2 years agoArea servedGlobalFounder(s)

• Greg Solano ("Gargamel")

• Wylie Aronow ("Gordon Goner")

• Zeshan Ali ("No Sass")

• Kerem Atalay ("Emperor Tomato Ketchup")

[14]CEONicole MunizIndustryCryptocurrencyURLyuga.com

According to the Bored Ape Yacht Club (BAYC) website, the NFT collection was created by four friends who "set out to make some dope apes, test [their] skills, and try to build something (ridiculous)."[12] Bored Ape NFTs, like other NFTs created and used for digital art purposes aim to provide its owners the "original" artwork.[15][16] Bored Ape NFTs owners are considered in possession of "a unique unit of data recorded in a digital blockchain, which permanently records its provenance or sales history."[16]

The collection exists on the Ethereum blockchain and contains 10,000 unique NFTs derived from 172 unique assets.[17] The NFTs function dually as a membership card to Yacht Club. Membership to the club includes access to THE BATHROOM (stylized in all caps), a digital graffiti board where users commonly "draw dicks," according to the founder.[18][17] The NFTs were originally sold for 0.08 ether each, around $190 at the time of their April 2021 launch[19] and were sold out in 12 hours.[10]

As BAYC "has made it clear that NFT holders have full commercialization rights to their ape," Bored Apes differ from other NFTs in that "whoever owns a Bored Ape can spin it into whatever film, music, TV, book, or media project they want."[20]

https://opensea.io/assets/0x455BBEAeE685dE2c550cD1Bb7f270B00223f0FAC/1