Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Morgan Linton
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

A quick primer on Mutant Ape Yacht Club

% of readers think this story is Fact. Add your two cents.


This weekend was a wild one in the NFT space. I cleared my calendar for the entire weekend, and I’m glad I did because while it was a blast, there was also a lot of information to take in and strategic moves to think about. On top of all that, and probably the highlight of it all was celebrating with my fellow apes on what I think we’ll all look back on as a historic weekend in the NFT world.

Over the course of the weekend, friends and family were texting me asking what the heck this “mutant thing” is that they keep hearing about. Unable to explain over text I hopped on the phone with a few people but quickly realized it would be a pretty complex conversation to have, especially if you aren’t already familiar with Bored Ape Yacht Club.

That being said, I did my best and through the process started to develop a bit of a rhythm around how to explain Mutant Ape Yacht Club to people who are still trying to understand the NFT space in general. I personally think that just like crypto was mystifying to people five years ago, five years from now (and probably sooner) NFTs will be a normal asset class in our lives.

So if you, like me, are already struggling to explain to friends and family why you love you ape JPEGs so much, and now have to explain the whole mutant thing, maybe this will make life a bit easier for all of us. With that, let’s dive in and start from the beginning.

To understand Mutant Ape Yacht Club, you’ll need to know the basics of Bored Ape Yacht Club

Bored Ape Yacht Club is an NFT project with 10,000 unique NFTs in it. Each NFT is an ape with a different set of traits, some more rare than the others. Typically, the more rare the trait, the higher the value, but there are also plenty of examples of traits that just look great so end up increasing the value of the NFT more.

Most Bored Ape investors use a site called Rarity.Tools to easily look at rarity traits of their apes and to see how the floor prices for certain traits change over time. The floor price of a trait is simply the lowest priced ape with that trait. Here’s an example of an ape on Rarity.Tools:

If you want to do a deeper dive into traits and rarity, I recommend giving this article a read.

The important takeaway here that we’re going to carry into the next section is that apes have a wide range of traits, some that are more valuable than others. A good example of a rare valuable trait is “Bored Unshaven Pizza” as you’ll see in this beautiful ape below:


Source: https://morganlinton.com/a-quick-primer-on-mutant-ape-yacht-club/?utm_source=rss&utm_medium=rss&utm_campaign=a-quick-primer-on-mutant-ape-yacht-club


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.