You can hear about Bored Ape Yacht Club from all the cracks. And many things are true. Yacht Club is one of the most successful NFT projects out there.The average sale price of NFT from the collection is around 200,000$.
All celebrities are hyped and ready to pick BAYC NFTs for their own collections. Eminem, Gunna, Steve Aoki. And this list is growing at a high speed. It only feeds the fame of the project.
Such high popularity and recognition from the stars gave many awards to BAYC. Ape Club became one of communities of the year in 2021 by Boardroom opinion. OpenSea also has BAYC as a main generator of sales. This project generated 1 billion dollars by itself at OpenSea.
To feed the growth of Apes, Yuga Labs created several spin-offs for the main collection.
Mutant Ape Yacht Club
The general one is Mutant Ape Yacht Club. Project works on Pokemon method when vials of Mutant Serum change the design of the ape from the original collection, it is like an evolution. Also Mutant Ape can be minted as a part of public sale. Every BAYC owner was given a Serum. It was divided into 3 parts: M1, M2 and the most rare M3, which are different kinds of mutations with rarity.
Mutated apes are being sold for millions of dollars. In january 2022 one bid was 6.2 million dollars.
Bored Ape Chemistry Club
Now we are informed about Serum’s work. Bored Ape Chemistry Club is just a marketplace for Serum Mutant Apes selling. Over the last week there were more than 4 million dollars in Mutants’ sales. Average price is about 65k dollars and with the fact that serums are the only way to create mutants, sales will increase more and more.
Bored Ape Kennel Club
As a free perk for owning of BAYC NFT customers were able to mint free dog from BAKC. Dogs have 170 traits and were available to mint only for a week. But secondary sales of such dogs have 2.5 royalty fee which are given to animal shelters.
Popularity of the Bored Ape Yacht Club created a whole platform for copycats. Many people rushed to open their own NFT collections with Apes in the main role. Sometimes such copycats are just a knock-off, sometimes they have something unique.
For example Prime Planet Ape collection from Disney, MGM and Marvel animators was accepted by the market successfully, another such case — Apocalyptic Apes, the rarest example from that collection was sold for $76,400.
Creation of such rip-offs only started to gain momentum and we will see a lot of them in the future. It is proof that Yuga Labs dropped a truly original project.