In case you happened to scroll by the Twitter of Stephen Curry and noticed he has this funky looking ape as his display picture, well, here is the explanation for that. You probably know the Golden State Warriors superstar most for his splashy 3-pointers that make Chase Center explode to their feet or the road crowd of an opposing squad’s arena collectively groan. But this past summer, the 3-time NBA champ made an even bigger splash when he entered the crypto game and made a massive $180,000 NFT (non-fungible token) purchase to get into the Bored Ape Yacht Club (BAYC). That ape on his profile picture happens to be the “Bored Ape” that he bought to get into the exclusive club.
Stephen Curry Bored Ape NFT Explained
So what exactly is this Bored Ape Yacht Club that Stephen Curry and some other NBA stars such as Charlotte Hornets guard LaMelo Ball, Sacramento Kings guard Tyrese Haliburton, and New Orleans Pelicans wing Josh Hart got themselves into? Here is the official description from the club’s official website itself:
BAYC is a collection of 10,000 Bored Ape NFTs — unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap activation.
The NFTs come as unique avatars of bored-looking apes, hence the name. The apes come in distinct forms, though, sometimes varying in expression, and coming in different appearances, wearing different types of clothing, sporting their own kinds of drip, and what-have-you.
Curry’s, in particular, is a blue-furred ape, with green Zombie eyes, a neutrally-bored expression, and sporting a suit. There are even mutant apes, like the ones that have beams coming out of their eyes, that have some out-of-this-world appearances.
Anyway, how did this craze even start to begin with? Well, it actually started with four friends who thought it was a great idea to create an exclusive space for bored rich people. The apes came about from the crypto jargon “aping in” which refers to those who buy cryptocurrency without any care for risks.
The elite perks that come with owning one of these funky looking apes are what probably got Curry and other NBA stars particularly hooked into the Bored Ape Yacht Club. Owners of this NFT are eligible to enter Yacht parties with stars such as Stephen Curry and other celebrities, gain access exclusive Discord server with fellow members, and more.
In fact, the Warriors superstar was once spotted hanging out in the BAYC Discord. How dope is that?
— Storm🌪 (@CryptoStorm__) August 28, 2021
The Bored Ape Yacht Club has certainly taken the NFT space by storm. The NFT, which can be bought on OpenSea.io, has shot up in value and you would need to shell out an insane amount of money to get your virtual hands on one of them. One of the cheaper ones on the site could set you back over $120,000. One even sold for over $3.4 million due to its exceptionally rare gold fur trait.
#AuctionUpdate#BAYC #8817 sells for a RECORD $3,408,000 USD! This is the first time it has been made available since it was minted. Less than 1% of all Bored Apes have the gold fur trait. From the collection of @j1mmyeth#NativelyDigitalpic.twitter.com/HfFTpEOIUh
— Sotheby's Metaverse (@Sothebysverse) October 26, 2021
So yeah, with those price tags, we probably won’t ever be able to afford one of these NFTs. We will just have to leave these Bored Apes to insanely rich guys like Stephen Curry who have a spare hundred grands or even millions lying around.