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How to Buy Bored Ape Yacht Club NFTs in 2023 - a Beginner's Guide | CoinJournal

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The Bored Ape Yacht Club (BAYC) is a 10,000-piece NFT collection centred around rich, futuristic apes who are bored and like to hang out at a bar, called the Metal Bar. Each piece depicts a seemingly disinterested primate who is either wearing a hat, or an eyepatch, or a halo, or a blindfold, or 3D glasses, or a leather jacket, or a turtle neck, or a disco shirt, or any combination of these against a backdrop that varies just as much as the apes’ accessories.

Each NFT is composed of seven attributes: the background, the clothes, the eyes, the earring, the fur, the hat, and the mouth. While the base ape figure is similar across the collection, the other attributes are randomised using an algorithm so that no two pieces are the same, making each one unique and more appealing.

Each Ape also doubles as a membership card into the Yacht Club, an exclusive club whose members include crypto thought leaders, A-list celebrities like Stephen Curry and Snoop Dog, and even billionaires like Mark Cuban. Club members get access to a secret discord server and the first pick of new collections from partners.

Since its inception in April 2021, the Bored Apes have risen to become one of the most successful collections in crypto with a floor price (the cheapest price of a Bored Ape) at $171,000 as of writing. The collection was created by a company called Yuga Labs which has achieved tremendous success in the NFT space by delivering on items on their road map and adopting a community-centred approach to creating collections and managing treasury funds.

If you wish to become a member of this exclusive club, you’ll need to buy a Bored Ape Yacht Club NFT. Here’s how...

Frequently Asked Questions

How much is a Bored Ape?

The price of Bored Apes depends on how rare they are. However, the baseline used is the floor price, i.e. the price of the cheapest Bored Ape, which is 94.69 ETH as of writing. Because of the volatile nature of cryptocurrency, it’s best to view the cost of Bored Apes as the number of ETH it takes to get one, instead of dollar terms.

Where can I buy a Bored Ape?

OpenSea. Bored Apes are sold on OpenSea, the largest NFT marketplace in crypto.

What is the ApeCoin DAO?

A DAO is a group or community of people that operate without a centralised authority structure. Their rules are technologically coded into the group structure. They submit proposals, outlines, or ideas, vote on them and execute winning proposals while maintaining their decentralised structure at all times. The ApeCoin DAO is a decentralised autonomous organisation that governs the Yugaverse, the ecosystem that contains all collections by Yuga Labs and their coming metaverse.

How do I buy rare Apes?

You’ll need to check the rarity chart to know which Apes rank highly. Go to and check for the Bored Ape Yacht Club rarity chart.