OpenSea Daily Sales Doubles Due to Surge in Bored Ape Yacht Club

On November 14, daily sales on the OpenSea platform reached a maximum of $ 117.8 million in five weeks. One of the drivers was the tenfold increase in sales of the Bored Ape Yacht Club NFT collection.

According to CryptoSlam, on November 14, traders entered into deals with NFT depicting “bored monkeys” for $ 17.45 million, a day earlier — for $ 23.06 million, two days earlier — for $ 12.41 million. During September-October, the figure rarely exceeded $ 5 mln.

Interest in mutant monkeys from the Mutant Ape Yacht Club NFT collection has also grown. On November 14, the volume of token sales amounted to $ 20.49 million, on November 13 — $ 18.35 million.Since mid-September, the figure has fluctuated in the range of $ 1–2 million, exceeding the bar of $ 3 million three times.

On November 11, record label Universal Music Group announced the creation of a Gorillaz-style metaverse called Kingship. The group’s avatars are based on collector Jimmy “j1mmy” McNelis NFT of the Bored Ape Yacht Club.

On November 12, hip-hop producer Timbaland also announced plans to create an avatar metaverse based on the “bored monkeys.” For the project, he created Ape-In Productions, which will produce music and animation. The company will release its first single as NFT on November 17th.

On November 13, it became known that the creators of the Bored Ape Yacht Club from Yuga Labs applied for registration in the United States of the monkey trademark in “cryptocurrency, online games, online platform and blockchain software development.”