Bored Ape Yacht Club had a packed August and its opening September with the same energy: a 2-lot auction at Sotheby’s. After the roaring success of Mutant Ape Yacht Club, Bored Ape Kennel Club and Bored Ape Chemistry Club – BAYC is on fire! Thus, it is ready to hold the single biggest Bored Ape auction since its launch. Moreover, the partners promises that this will be“Greatest Bored Ape Auction” of all time.
Sotheby’s Bored Ape NFT Offering
In less than 24 hours, you can start bidding on Lot 1’s 101 BAYC collectibles with a collective value of $12M – $18 Million.
Aside from the 101 NFTs, the lot also includes 3 M1 + 3 M2 Mutant serums. Therefore, giving the winning bidders the option of generating additional Mutant Ape NFTs from items within the collection. BAYC’s mutated Mutant Ape Yacht Club raised $96 Million in less than an hour and the floor price is roughly $17,000. So this will definitely be a welcome benefit for collectors.
The second lot is for the Bored Ape Kennel Club, the club dog companion for NFT Holders. The Collection also features 101 NFTs with varying rarities. Previously, these were airdropped to Bored Ape NFT holders, so the estimated value is at a lower tier, $1.5 – $2 Million. According to OpenSea, the floor price of BAKC is currently at 3.5 ETH or $12,500
Both auctions will start by 10 AM EDT tomorrow, September 2 and bidding will be open for 1 week until September 9. Moreover, the collections will be up for viewing at the Sotheby’s auction house in Decentraland. Buyers can settle in Bitcoin, Ethereum or USDC, which Coinbase will facilitate.
This will definitely inspire a spirited bidding round so make sure you chect he lots on Sotheby’s website.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, make your own research prior to making any kind of investment.
