NFTs, Investing, Generative NFT Sets
Ready to Buy Into the Bored Ape Franchise? Look Beyond Trait Rarity to Aesthetics and Branding for Value
Additional opportunities when spending boucoup bucks.
So, I’ve been writing obsessively about my work in the generative NFT space for ages now — so long that I can actually remember the Bored Ape Yacht Club (BAYC) mint. I can remember thinking to myself that, while it was tempting, I literally didn’t have a few hundred extra dollars to invest in it. I had maybe $500 in ETH at the time. And, truth be told, almost no one was thinking of NFTs in terms of “investments” back then; they were more like fun and interesting crypto-tech activities.
The BAYC minted on April 23, 2021 — just nine months ago as of this writing. And that was just one month after what was, for me, the beginning of my NFT obsession — the $69 million Beeple sale.
Along with everyone else, I watched, stunned, as the BAYC franchise NFTs rose steadily in value ever since. And lately, it’s truly gone bananas with a 100+ ETH floor on the main set. I mean, sure, ETH is down a bit, but 100 ETH is a milestone! As of this writing, the floor price is 115 ETH, which is over $289,000. And there are 10,000 of them, and there are only TWO available, at the moment, at the 115 ETH…
