Sotheby’s Will Auction The Legendary NFTs Collection of Bored Ape Yacht Club (BAYC)

2021-08-31 20:12:26

The number one leading auction house in the world, Sotheby’s, will sell a batch of 101 Bored Ape Yacht Club (BAYC) NFTs. Produced by Yuga Labs, the BAYC non-fungible tokens are one of the most sough after currently on the market. Sotheby’s will hold the BAYC auction between 2-9 of September. Moreover, considering the high demand of the BAYC NFTs, it is only natural that the best auction house in the business will conduct this delicate sale procedure.

Many believe that this upcoming NFTs auction will reach multi-million sales numbers. As a matter of fact, Sotheby’s predict that the BAYC NFTs will reach somewhere between $12m and $18m. This amount is greatly due to the fact that the BAYC non-fungible tokens are very ‘hot’ at this moment. Up to such extent, that it is currently the second NFT collection in popularity.

Only CryptoPunks can say that they attract more attention, i.e buyers. As such, the BAYC NFTs have a total trading volume of 136.107. And again, second only to CryptoPunks.

To give you a perspective of how big the demand for the Ape tokens is, we will leave you with the fact that the least expensive BAYC NFT goes for a whopping $165.578 (48.8 ETH).

Hence, it is no surprise that many celebrities own several of these NFT apes. With people such as NBA player Steph Curry, YouTuber Logan Paul and r&b artist Jermaine Dupri, among some of the biggest names. Which is why many believe that Sotheby’s will have no problem at all in selling the 101 BAYC NFTs at the upcoming auction. The 277 auction house even has a surprise for the winner of the auction.

Specifically, Sotheby’s will give the opportunity to one lucky winner to create an entirely new Mutant Ape non-fungible token. To achieve that, the winner will have 6 mutant serums, to use on one existing BAYC token. Consequently, generating an entirely new and unique BAYC token.

 

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