What is this nonsense ?! Non-removable tokens or NFTs, better known, aren't the first titles these days, but that doesn't mean people have stopped giving them large sums of money. A batch of 101 NFTs featuring computer-generated cartoon monkeys sold for $24.4 million.
These images, sold online at Sotheby's auction house, are part of the Bored Ape Yacht Club (BAYC), a collection of 10,000 semi-random monkeys made by Yoga. Created in Delaware. Labs According to the BAYC website, each monkey is unique and programmed to produce more than 170 possible traits, including expression, coat, costume, and more.
Part of the set of monkeys sold by Sotheby's
The monkeys are stored as an ERC-721 token on the Atrium blockchain and hosted by IPFS. Buying a monkey for just 0.08 ETH gives owners access to the club and members-only benefits, which until now have been limited to exclusive merchandise and NFT parts, and access to The Bathroom, an online graffiti board. Buyers also get the intellectual property rights to the images. This is not usually the case with NFTs.
#AuctionUpdate 101 BF Ape Yacht Club NFTs sold for just $24.4 million and 101 NFTs Bored Ape Kennel Club earned $1.8 million on Ape! Auction - The hottest #BAYC sale to date. Congratulations to all available monkeys
A group of NFTs depicting cartoon monkeys sell for $24.4 million on Sotheby's