{"id":337206,"date":"2021-09-10T04:48:45","date_gmt":"2021-09-10T01:48:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/101-bored-apes-nft-auction-at-sothebys-closes-at-more-than-24m\/"},"modified":"2021-09-10T04:48:45","modified_gmt":"2021-09-10T01:48:45","slug":"101-bored-apes-nft-auction-at-sothebys-closes-at-more-than-24m","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/101-bored-apes-nft-auction-at-sothebys-closes-at-more-than-24m\/","title":{"rendered":"# 101 Bored Apes NFT auction at Sotheby&#8217;s closes at more than $24M"},"content":{"rendered":"<p>&#8220;<strong># 101 Bored Apes NFT auction at Sotheby&#8217;s closes at more than $24M <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>The auction of Yuga Labs\u2019 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. <\/p>\n<p>The auction <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.sothebys.com\/en\/buy\/auction\/2021\/ape-in\/101-bored-ape-yacht-club\">closed<\/a> on Sept.10 and was hosted by the prestigious auction house Sotheby\u2019s which had earlier estimated the collection would fetch between $12 million and $18 million.<\/p>\n<p>The bundle of non-fungibles consists of 101 Bored Apes and three M1 and three M2 \u201cMutant serum\u201d NFTs. When a Bored Ape token is combined with an M1 or M2 serum, it enables the holder to mint a new Mutant Ape NFT that keeps the same traits of the original Bored Ape but <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/alexisohanian\/status\/1431813636855635973\">depicts<\/a> it in a mutant format. <\/p>\n<p>Taking the serum NFTs out of the equation as they are usually airdropped for free to holders, each Bored Ape in the collection was valued at an average price of roughly $241,000 or 69.4 Ether (ETH) at the time of publication. <\/p>\n<p>The figure tallies in well above the floor price for Bored Ape NFTs on the secondary market, with data from OpenSea showing a minimum price of 38.99 ETH, worth around $135,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">What an historic moment for the club: the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Sothebys?ref_src=twsrc%5Etfw\">@Sothebys<\/a> auction of 101 Bored Apes has closed at over $24m. Congratulations and THANK YOU to the whole ape community. To the buyer, I think we speak for everybody when we say: WELCOME TO THE CLUB. \u2620\ufe0f\u26f5\ufe0f <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/NKxHekC0ny\">pic.twitter.com\/NKxHekC0ny<\/a><\/p>\n<p>\u2014 Bored Ape Yacht Club (@BoredApeYC) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BoredApeYC\/status\/1435976278797164551?ref_src=twsrc%5Etfw\">September 9, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Yuga Labs also auctioned off a 101 NFT collection of its side project Bored Ape Kennel Club that closed on the same day with a winning bid of $1.83 million, at a price of $18,150 per NFT. The figure fell within Sotheby\u2019s estimate of $1.5 million to $2 million, and beat the floor price on OpenSea of 3.09 ETH or $10.700. <\/p>\n<p>Delaware-based Yuga Labs launched the BAYC on April 30, and it has since become a highly popular and sought-after project. Figures such as NBA star Steph Curry aped in by paying 55 ETH ($191,000) for a Bored Ape NFT late last month. Metaverse gaming firm The Sandbox also sn<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed up a Bored Ape for a record price of 740 ETH ($2.57 million) on Sept. 6. <\/p>\n<p>Sandbox\u2019s NFT depicts a golden ape with laser eyes wearing a sea captain\u2019s hat. In a Sept. 8 blog post the firm <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/sandbox-game\/the-sandbox-bought-the-bored-ape-3749-the-captain-for-740-eth-684fef8472f7\">revealed<\/a> plans to port BAYC NFTs into its metaverse as playable avatars. <\/p>\n<p>\u201cThe Avatar collections find additional utility for their NFT holders within our gaming virtual world. Through the interoperability of NFTs, they will be able to turn 2D collectible image NFTs into 3D playable avatars that are animated, can run, jump, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a>ize, play <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>s, and interact with their other peer Avatars in The Sandbox,\u201d the blog post read. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/033bb6a4-9701-4b5d-aca3-5634e62ba29a.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Bored Ape NFT 3749 Avatar: (Source: The Sandbox)\u00a0 <\/em><\/figcaption><\/figure>\n<p><strong><em>Related: <\/em><\/strong><strong><em>OpenSea bug appears to have destroyed nearly $100K in NFTs<\/em><\/strong><\/p>\n<p>According to data from OpenSea, NFT sales volume on the secondary market cooled down in September, with top projects such as CryptoPunks, Art Blocks and BAYC all seeing declines in seven-day volume of 85%, 82% and 69% respectively.<\/p>\n<p>Only one NFT project out of the top 20 has seen an increase in seven-day volume, with Vine co-founder Dom Hofmann\u2019s Loot (for Adventures) NFTs seeing an increase of 8.42%. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-09\/4765aacd-d8ea-4a3f-9cc2-2e253ff4a5a4.png\"><figcaption style=\"text-align: center;\"><em>NFT sales volume: OpenSea<\/em><\/figcaption><\/figure>\n<p>Data from Dune Analytics also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dune.xyz\/queries\/83579\/166536\">shows<\/a> that NFT floor prices are on a downward trend of late, dropping from 1.02 ETH on Aug. 30 to sit at around 0.40 ETH on Sept. 9. However, this doesn\u2019t necessarily indicate a bearish trend for the NFT sector, as the price can be impacted by new projects emerging on the market that sell for lower prices. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/101-bored-apes-nft-auction-at-sotheby-s-closes-at-more-than-24m\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# 101 Bored Apes NFT auction at Sotheby&#8217;s closes at more than $24M &#8221; The auction of Yuga Labs\u2019 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted by the prestigious auction house Sotheby\u2019s which had earlier estimated&#8230;<\/p>\n","protected":false},"author":1,"featured_media":337207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvMWViMDIyMGQtZjdiNi00ODkxLWE4OWEtNjJjOTg5MDliZWQ4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[91498,95118,75385,67880,117,80],"class_list":["post-337206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-metaverse","tag-nft","tag-sport","tag-auction","tag-business","tag-games"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/337206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=337206"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/337206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/337207"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=337206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=337206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=337206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}