What is Bored Ape Yacht Club(BAYC) and How it Works?
The Bored Ape Yacht Club (BAYC for short) is a collection of 10,000 unique cartoon apes created using generative art, presented via an ERC-721 NFT on the Ethereum blockchain. The club was originally minted by the pseudonymous founders Gargamel, Gordon Goner, Emperor Tomato Ketchup and No Sass, and is owned by Yuga Labs. It is a pity that the Bored Ape was sold out quickly after it was cast, and users can only buy the Bored ape from OpenSea , Rarible or other secondary markets. To buy Bored Ape, first make sure you have enough ETH in your wallet to pay for the NFT itself and gas fees. On March 18, 2022, purchasing a Bored Ape NFT requires paying at least 60 ETH with a compatible crypto wallet such as Metamask or Trust Wallet. Each Bored Ape NFT essentially has a unique digital identity that can be encrypted, tracked, traded, and secured . Bored Ape NFTs not only represent verifiable digital ownership, they can also be used as "Yacht Club" membership...