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The Bored Ape Kennel Club (BAKC) is an innovative new concept in the world of non-fungible tokens (NFTs). The BAKC offers a unique and programmatically-generated dog for adoption to every member of the BAYC, stored as an ERC-721 token on the Ethereum blockchain and hosted on IPFS. With a total of 10,000 NFTs available, each dog in the kennel club is one-of-a-kind and features over 170 possible traits, with some being rarer than others.
The artwork for the BAKC collection is created by Yuga Labs, known for their high-quality and visually appealing designs. The collection features a set of adorable doggos with a variety of traits such as back, background, feet, fur, mouth, and neck, making each dog unique and visually appealing.
Overall, the Bored Ape Kennel Club is a fun and creative concept that is sure to appeal to NFT collectors and animal lovers alike. The programmatic generation of unique dogs makes it a highly collectible series, and the artwork is sure to delight. The concept of owning a companion animal is interesting, and the fact that it's free (you only pay gas) is a great bonus for the existing community.
We also loved the philanthrophic angle that BAYC has taken with this collection. The collection has a 2.5% royalty fees with secondary sales on OpenSea. The royalties for the first 6 weeks after the launch were donated to organizations such as Organgutan Outreach, Friends of Bonobos, Wright Way Rescue, and Wolf Conservation Center.
The collection is immensely successful with a total volume of 123700 ETH and a floor price of 8.69 ETH. In summary, the Bored Ape Kennel Club NFTs are a fun, unique, and visually appealing collection that is sure to be highly sought after by NFT collectors and animal lovers alike. With programmatically-generated dogs and high-quality artwork, the BAKC is a must-have for anyone interested in the world of NFTs.
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