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Neymar buys NFTs from "Boring Monkeys"
The new rage of non-fungible tokens is increasingly appreciated by the community and now by an influential character in the sports world
The funny monkeys have been on the Open Sea platform for 11 months, and since their publication these NFTs have become the exclusive fashion of digital art collectors and investors.
Following a standard and only placing an addition as a different outfit is undoubtedly the simplicity that minimalist individuals like so much, as soccer player Neymar Jr. apparently liked.
The Paris Saint-Germain striker has sneaked into the club and for a few days he has two boring monkeys. Slide and discover much more!
Via Twitter Neymar announces that he belongs to the club of boring monkeys
The fever of what has become the fourth-largest moving collection in the NFT market has convinced Brazilian player Neymar so much that he made the decision to create a personalized wallet.
Said wallet She was nicknamed by the football star himself as "EneJay", this taking the initials of her name as an idea, with the purpose of earning two types of monkey NFTs.
The purchase was announced last Thursday on his Twitter social account where he simply added "I am an Ape!", to culminate with the hashtag #BoredApeYC and the image of one of his apes.
This declares to the community of collectors and market appreciators of NFTs, that Neymar enters the club of bored monkeys.
The footballer pays 349.68 ETH for both monkeys
According to the information provided by the Open Sea platform, Neymar bought the ape number #6633, for nothing more and nothing less than 159.99 ETH.
This ape in particular, takes the 91st place of the rarest boring monkeys, hence the high price.
Although with the drop in cryptocurrencies, and specifically the ether token, it has cost Neymar much less than it could have been. He paid about USD$517,422.05, with the market value at that time.
The second boring monkey NFT he acquired was collection number #5269, costing 189.69 ETH. That in dollars had a value of USD$613,474.53.
The athlete as a whole spent more than a million dollars for monkey NFTs, which could generate a huge profit in a few months, for the exclusivity and desire to belong to the club of bored monkeys.
What is the boring monkey club?
The BYAC (Bored Ape Yacht Club) is the name affixed to owners of ape NFTs. At this moment this club has a total of 5947 members or owners of these non-fungible tokens.
By putting this digital art up for sale, there was no way to gain an advantage, anyone was able to buy their apes at the same time.
This means that the first owners of these NFTs were mere mortals, who have now become an elite circle with the high value that these collectibles have achieved.
Neymar is not the only famous person who has invested his money in these NFTs, among other industry personalities within this club we can mention presenter Jimmy Fallon and singer Post Malone.
Monkey NFT Market
The market for bored monkey NFTs started taking off almost immediately, with the release of 10,000 bored monkeys in early 2021.
Its creators are not known, other than the aliases found on the web. Four personalities who are nicknamed as: Gargamel, Gordon Goner, Emperor tomato ketchup and No sass.
The differences between these 10,000 monkey NFTs come thanks to the programming of these four entities, which placed the same monkey template and added 170 gestures that were reproduced randomly.
That is, several of the NFT monkeys resemble each other, but some are rarer than others. Which makes a small group of the collection, with a much higher cost within the Open Sea platform.
How does OpenSea work?
Open Sea is the largest and most popular marketplace platform for NFTs, due to its easy accessibility and also having non-fungible tokens of all kinds within it. The diversity of products has given something to talk about in recent years.
Its operation is simple, the person interested in entering and placing their NFTs for sale must create an alias, add the data requested from the platform, add their token and set a price. And ready!
For this reason, the creators of these tokens did not need to place real names that would make them recognized on the web.
In the case of acquiring or searching for a specific token, the application's search engine will help. Likewise, buyers of NFT monkeys have also used the same Open Sea to sell them at a much higher value.
What was the initial price of the NFTs?
The main price will have the value that the artist sees fit, it is simply a matter of each individual. It doesn't matter if you only sell a small line made in 2 minutes, or a 3D modeling that took you a whole year to do.
The market for non-fungible tokens is subjective and controlled by blockchain technology, based on supply and demand.
The initial sale price of the apes was entered at 0.08 ETH for each boring monkey NFT, which would be worth only $258.72 today.
Today no monkey of the 10,000 present is worth less than $160,000. The most expensive is estimated at about $2 billion.
What made them popular?
The programmers very well devised the plan to keep the attention of their clients and the entire community on them. They offer rewards from the beginning of the project.
Although when the BAYC was being built they were simple privileges, such as putting up a collective mural where the NFT holders of these apes could place whatever they wanted, this was progressing to better prizes.
Coming mainly from the rise in the price of their token with the market capitalization, from a rise of 10% to 100%, they have profit plans.
In addition, belonging to a club of this magnitude has gained a lot of interest from fans of non-fungible tokens. His community is one of the largest and will continue to grow with this boost from the player Neymar Jr.
