So the last few days have been nothing short of surreal. Yesterday Bored Ape Yacht Club hit a major milestone as the floor price hit 10ETH, or roughly $25,000 USD. This was incredible in many ways, one of which is the simple fact that the floor was around 0.5ETH only three months ago. There were a lot of things that led to the meteoric rise of BAYC, and what seemed to really accelerate things this week is the announcement that Christie’s would be auction off Bored Ape Yacht Club NFTs in the near-future.
Here’s the mention of the Christie’s auction in the Bored Apes Discord that really kicked things off:
While rumors had spread before, this sealed the deal and with the official announcement coming this Friday, what’s been happening is nothing short of surreal.
So last night, when the Bored Ape Yacht Club floor hit 10ETH I wrote an article about it on NFTInvesting.io. At the time I was honestly still in shock. I always thought a 10ETH floor would happened, but this happened a lot sooner than I had expected. Which is why today has been even more surreal. As of now, as I sit here in my living room writing this post, the floor for Bored Ape Yacht Club is now 14ETH
If this is the floor before the official Christie’s announcement, I don’t know exactly what to expect this Friday. One thing I can say is that it’s been a wild ride, and it’s only getting wilder. I don’t want to repeat too much of what I wrote about last night so I’ll share a couple paragraphs from my article, and if you want to do a deeper dive, feel free to give it a read. At a high-level, what I think is happening is much bigger than a rising floor and people making a small fortune off of NFTs. I see a real transformation in how communities are built and the role that art plays in all of our lives. It’s exciting, I’m loving it, and I can’t wait to see what happens next.
With that, I’ll leave you with a quick snippet from yesterday’s article:
Let’s face it, 2020 was a tough year, it was a dark time for the world, and I felt like we were all so divided, fighting against each other. That all changed once I bought my ape, changed my profile pict, and embraced the community. Rather than Twitter being a place that amplified our differences, it became a place that celebrated our similarities.
Fast forward three months later, I have more apes, I have more ape friends on Twitter, and I look forward to reading the tweets from this amazing community. I’ve met artists and learned about their passion for what they do, which then inspired me to buy their art and share it with others. I’ve met musicians and learned why they love what they do so much.
In the end, I learned that there are so many wonderful, positive, and talented people out there. I learned that I actually like art and feel good spending tens of thousands of dollars on art and supporting artists that are so freaking talented at what they do.
But more than anything else I learned that the power of community should never be underestimated. So let’s celebrate the 10ETH floor, I think we all know we’re going to make a lot of money for being early here…but let’s put the focus where it should be on the amazing community of people that have chosen to embrace positivity and love.
(Source – NFTInvesting.io)
Have a great night everyone, who knows what floor we’ll be waking up to
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