Perhaps less so than for her love of NFTs, Madonna was known for her singing abilities. Indeed, NFTs are a favorite of the pop queen. She particularly enjoys the NFTs in the collection of the Bored Ape Yacht Club (BAYC).
The NFT Collection of Bored Apes
10,000 NFTs are in the Bored Ape Yacht Club collection. Each NFT was “crafted” or “drawn” to seem like a monkey face that was “bored, scruffy, punk.” Why a monkey-focused collection? The creators of this collection used to refer to one another as “monkey” among themselves, which is the official explanation. The monkey is a well-behaved animal that is also highly regarded. Another explanation is that the CryptoPunks, a significant and popular NFT collection, served as inspiration for the designers.
Each NFT is distinct in two ways. To begin with, each is paired with a token that has a unique identity, as is the case with NFTs in general. The ownership of the aforementioned NFT is ensured by this token, which is kept on the Ethereum blockchain. The properties of each NFT are then distinct, making each one a monkey head. The background color, the “monkeys'” coat, their earring, their eyes, their fur, their cap, their mouth, etc. all serve as identifying features. The collection of the NFT Bored Ape Yacht Club contains 170 qualities altogether.
Bored Ape Yacht Club (BAYC) NFTs have the highest sales volume over the last 30 days, according to data from cryptoslam.io. The NFT Bored Ape Yacht Club (BAYC) collection is the second-largest overall since NFT’s founding. CryptoPunks!
Madonna is enraged that she didn’t buy NFT Bored Ape #3756!
Variety is the publication that instructs us on Twitter. The singer who is Italian-American would be “furious.” Why ? She would not have had the chance to purchase NFT Bored Ape 3756! In an interview with Variety, Madonna did in fact disclose that she was pursuing NFT #3756. But what makes NFT BAYC #3756 so unique and appealing to the singer?
- “I was determined to get an Ape and I knew exactly what I wanted: the Ape with a leather motorbike cap and multicolored teeth.” Madonna
The sign depicted by NFT #3756 is dressed in a leather jacket and an SM hat. It can also be recognized by its multicolored teeth and golden earrings. Do you now see the connection? Yes, Madonna would have been the inspiration for this NFT.
- “I was told that it was inspired by me and designed after me, and that it was bought by a woman who is one of my fans. She was going to sell it to me, but it was way too expensive.” Madonna
- “The Yuga Labs team loves when people see themselves in certain monkeys. The SM hat is a favorite feature of the founders of the collection; they love all things punk rock. Madonna helped popularize this style, of which the founders are fans.” Yuga Labs
Unfortunately, this NFT was sold to a Madonna lover instead! It is currently being sold once more for the reasonable price of 800.69 ETH, or roughly $1.27 million.
Bored Ape NFTs are popular with celebrities.
Even though Madonna was unable to purchase her preferred NFT, she still has a piece from the BAYC collection. She did, in fact, purchase NFT #4988 in March. Just to be clear, this NFT also dons an SM cap. What might comfort the pop queen? I’m unsure! Compared to the one she sought, NFT #3756, NFT #4988 is less “rare.” Bored Ape 3756 is ranked 123rd in terms of “rarity” out of the 10,000 NFTs in the collection, but NFT #4988 is just… 3,754th!
Not only Madonna has been involved with NFTs, specifically BAYC NFTs, in the past. Justin Bieber, for instance, is a significant NFT collector. The Canadian musician, who is currently on tour, paid $1.29 million for the NFT Bored Ape Yacht Club #3001 (BYAC)! Eminem purchased NFT Bored Ape Yacht Club #9055 before him in 2021 for 123.45 ETH, or $462,000 (according to the price of Ethereum at the time of the transaction).
Other famous people and sports figures who have bought NFT Bored Ape Yacht Clubs include:
- Stephen Curry, NBA player;
- Josh Hart, NBA player;
- Tyrese Haliburton, NBA player;
- Dez Bryant, NFL player;
- Von Miller, NFL player;
- Steve Aoki;