The Bored Ape Kennel Club (BAKC) is a collection of 9,602 NFTs developed using dog characters that share features with the Bored Ape Yacht Club (BAYC). Yuga Labs is the company’s owner. The BAKC set was released in June 2021, barely two months after the BAYC set.
This collection was created so that the monkey owners in the BAYC collection would have a companion character because the Yuga Labs crew adores dogs. As a result, they launched the BAKC collection. Yuga Labs guarantees that no more collections involving dog characters will be released in the future.
The Bored Ape Kennel Club is a novel new idea in the field of non-fungible tokens (NFTs). Every BAYC member may adopt a one-of-a-kind, procedurally created dog from the BAKC, which is held as an ERC-721 token on the Ethereum blockchain and hosted on IPFS. With a total of 9,602 NFTs accessible, each dog in the kennel club is unique and has over 170 potential qualities, some of which are more unusual than others.
Yuga Labs, noted for its high-quality and visually attractive designs, developed the artwork for the BAKC line. The collection includes a range of lovely doggos with distinct and attractive characteristics such as the back, backdrop, paws, hair, lips, and neck.
With a total volume of 262,192 ETH and a floor price of 3.74 ETH, the collection is a huge success. In conclusion, the NFTs from the Bored Ape Kennel Club are a fun, distinctive, and apparently attractive collection that will be highly sought after by NFT collectors and animal lovers alike. The BAKC is a must-have for anybody interested in the field of NFTs, with procedurally created dogs and high-quality artwork.
Overall, the Bored Ape Kennel Club is a novel and humorous idea that will appeal to both NFT collectors and animal enthusiasts. It’s a very valuable series because of the programmed creation of unique canines, and the artwork is guaranteed to please. The idea of having a companion animal is intriguing, and the fact that it’s free (you just have to pay for gas fee) is a huge plus for the current community. Now, the Bored Ape Kennel Club Review will explore the project’s highlights.
BAKC has the following distinguishing features:
The entire NFT collection is made up of over 170 different features ranging from coat color, eye and mouth position as well as various accessories like hats, glasses, shoes, etc. Each NFT is made up of 8 different attributes, including:
Each attribute has a different number and rarity, of which the NFT with the Head attribute is the rarest Party Hat with only a maximum of 33.
NFT Name: Bored Ape Kennel Club
Yuga Labs decided to appreciate and encourage BAYC holders by gifting them 100% of NFT BAKC. This differs from the typical opening sale procedure used by previous collections.
Nevertheless, the opportunity to mint NFT BAKC for free is only available for one week. The NFT BAKC will never be formed if there are no holders of the BAYC mint at this period. Since 398 BAYC NFTs were not minted as NFT BAKCs, only 9,602 NFT BAKCs were produced.
To own BAKC NFT, users can buy on NFT exchanges such as Opensea, LooksRare, or X2Y2. In addition, there are synthetic NFT exchanges such as Blur, OpenSea Pro, etc., to make it more convenient for users to find and buy.
Yuga Labs, the company behind the successful Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Otherside collections, constructed and developed BAKC. Yuga Labs also bought two well-known NFT collections, CryptoPunks and Meebits NFT, from Larva Labs in March 2022.
On March 22, 2022, Yuga Labs closed two rounds of investment for a total of $450 million. This transaction was spearheaded by a16z and drew the interest of several other investors, including Animoca Brands, LionTree, and others. Yuga Labs has shown the commercial attractiveness of BAKC. NFTs with a corporate value of up to $4 billion.
Currently, BAKC has not disclosed any information about its partners. We will update you as soon as we have the latest information about BAKC’s partner team.
Finally, the Bored Ape Kennel Club has had a big influence on the world of NFT. They provide members with one-of-a-kind digital canines while also supporting animal welfare initiatives.
The designers of the Bored Ape Yacht Club, Yuga Labs, have built a dedicated community that appreciates innovation, uniqueness, and pragmatism. The BAKC NFTs have offered an access point into the Yuga Labs ecosystem while also increasing the total value of the BAYC brand. BAKC NFTs’ randomized features, exclusivity, and tradability have made them desirable to both traders and collectors. Hopefully the Bored Ape Kennel Club Review article has helped you understand more about the project.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
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