Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club – Bitcoin News

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Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club – Bitcoin News
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Two reports claim that the creators of the popular NFT project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors.

created the BAYC NFT project alongside the associated NFT collections like Mutant Ape Yacht Club . There are 10,000 NFTs, in the case of BAYC, and each ape has different properties.

At the time of writing, 6,296 unique addresses own at least one BAYC out of the 10,000, and the current floor price for the least expensive BAYC today is 90 ethereum or $272K. Out of 11,249 traders and 24,543 sales, the BAYC collection has seen $1.3 billion in all-time sales volume. The collection of 10,000 BAYCs alone, has an overall market capitalization of around $3 billion today, according toWhile the floor price on Saturday, February 5, 2022, is $272K for the lowest BAYC, the average BAYC sale is $337,820 this weekend.

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