In case you’ve been scrolling through Stephen Curry’s Twitter and noticed that he has this funky looking monkey as his display image, well, here’s the explanation for that. You probably know the Golden State Warriors superstar most for their splashing 3-pointers blowing up Chase Center or an opposing team’s arena road crowd collectively moaning. But last summer, the three-time NBA champion caused even more sensation when he entered the crypto game and made a massive purchase of $ 180,000 NFT (non-fungible token) to enter the Bored Ape Yacht Club. (BAYC). This monkey in his profile picture just happens to be the “bored monkey” he bought to get into the exclusive club.
Stephen Curry Bored Ape NFT Explained
So what exactly is this Bored Ape Yacht Club in which Stephen Curry and other NBA stars such as Charlotte Hornets goalie LaMelo Ball, Sacramento Kings goalie Tyrese Haliburton and New Orleans Pelicans wing Josh Hart got started? Here is the official description from the official club website itself:
BAYC is a collection of 10,000 NFT Bored Ape – unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as a Yacht Club membership card and provides access to member-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Zones and future benefits can be unlocked by the community through the activation of the roadmap.
NFTs are unique avatars of bored-looking monkeys, hence the name. Monkeys come in different forms, however, sometimes with varying expression and different appearances, wearing different types of clothing, sporting their own types of drops and what have you got.
Curry’s, in particular, is a blue furry monkey, with zombie green eyes, a neutral expression, and a costume. There are even mutant monkeys, like those who have rays coming out of their eyes, who have appearances out of this world.
Anyway, how did this craze even start? Well it actually started with four friends who thought it was a great idea to create an exclusive space for the bored rich. The monkeys were born from the crypto jargon “monkey in” which refers to those who buy cryptocurrencies without worrying about the risks.
The elite perks that come with owning one of these funky-looking monkeys are probably what particularly hooked Curry and other NBA stars to the Bored Ape Yacht Club. Owners of this NFT are eligible to attend Yacht Nights with stars such as Stephen Curry and other celebrities, access the exclusive Discord server with other members, and more.
In fact, the Warriors superstar has been spotted hanging out on BAYC Discord before. How is it?
– Storm🌪 (@CryptoStorm__) August 28, 2021
The Bored Ape Yacht Club has certainly taken the NFT space by storm. The NFT, which can be purchased from OpenSea.io, has risen in value and you would need to shell out an insane amount of money to get your hands on one of them. One of the cheapest on the site could cost you over $ 120,000. One even sold for over $ 3.4 million due to its unusually rare golden fur streak.
#AuctionUpdate #BAYC # 8817 sells for a RECORD of 3,408,000 USD! This is the first time it has been available since its inception. Less than 1% of all bored monkeys have the golden fur trait. From the collection of @ j1mmyeth #NativelyDigital pic.twitter.com/HfFTpEOIUh
– Sotheby’s Metaverse (@Sothebysverse) October 26, 2021
So yeah, with those price tags we’ll probably never be able to afford one of these NFTs. We’ll just have to leave those bored monkeys to some insanely wealthy guys like Stephen Curry who have a hundred greats or even millions lying around.