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Mutant Ape Yacht Club

Mutant Ape Yacht Club

by Yuga Labs(Aug 29, 2021)
Rank #9
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Mutant Ape Yacht Club price floor and sales live data

Mutant Ape Yacht Club is an NFT collectible created by Yuga Labs that was released on 8-29-2021. The project consists of 19,491 unique digital items living on the Ethereum blockchain. We categorize it as a pfp/avatar project and it's part of the Yuga Labs general collection.

What is the Mutant Ape Yacht Club?

The Mutant Ape NFT collection, the most famous mutant NFT, was born in August 2021. The team behind the famous Bored Ape Yacht Club or BAYC NFTs, Yuga Labs, created the Mutant Ape Yacht Club Collection (MAYC) in pursuit of a long-term goal: to establish an NFT-only media empire.

On the other hand, Mutant Ape's NFTs have been an important milestone for the Bored Apes ecosystem, bringing even more attention to BAYC.

Beyond being a collection, which we can say, has been secondary within this ecosystem, Mutant Apes has also registered promising success figures, with over $1 billion in sales in one year. Following its launch, the NFT Mutant Ape Yacht Club collection has grown dramatically to become one of the most important in the field of NFT projects used as PFP.

MAYC attributes

The Bored Ape NFT collection offers a unique feature for collectors, the ability to merge their NFT with a Serum NFT through a smart contract integration. This process creates a new, mutant-inspired NFT while preserving the original Bored Ape NFT. The pairing is irreversible, and once completed, the Serum token is destroyed.

The value of the Mutant Ape Yacht Club NFTs is determined by the rarity and unique traits of each individual Ape. These features can make an NFT highly sought-after and valuable, such as the M2 stunt jacket feature, which is only found on 0.4% of Mutant Apes. This rarity can drive up the prices of the NFTs in the collection.

The specifics of each NFTs rarity and distinct traits can be found on the OpenSea marketplace, under the "Properties" tab for the particular NFT. With this information, collectors can gain a clear understanding of the rarity and value of the Bored Ape NFTs they own or wish to acquire.

One of the main factors behind the rarity of the Mutant Ape Yacht Club (MAYC) is the use of Mutant Serums. The Bored Ape community was given priority in the distribution of these serums which can be used to create new and unique Mutant Ape NFTs. Before the Dutch auction of the MAYC NFTs, all BAYC owners received an airdrop of one Mutant Serum NFT for each Bored Ape they owned. This allowed them to mutate their NFTs and create new, unique Mutant Ape NFTs, or they could choose to hold on to the Serum NFTs and sell them for a profit.

Mutant Apes Serum

The Mutant Serums themselves are also considered an NFT collection and serve as a crucial element in the creation of Mutant Ape NFTs. They are a part of the Bored Ape Chemistry Club and come in three different variants, M1, M2 and M3, also known as the Mega Mutant Serum. These Serums are not only important for the MAYC collection but also have the flexibility for anyone to purchase and sell them, however, only Bored Ape NFT owners can use them to create Mutant Ape NFTs.

Another important aspect of the Mutant Serums is the impact they have on the Bored Apes. Different variants of the serum have different effects. For example, using an M1 Serum results in basic, subtle mutations on the Bored Ape NFT. The maximum limit for M1 serums was 7,500 and examples of mutations include faded fur or accessories coming alive. Using M2 Serum results in more prominent and noticeable mutations that can completely change the appearance of the Bored Ape NFT to a Mutant Bored Ape. The original amount of M2 serums was almost 2,492 and allowed for the creation of a fully mutated version of the BAYC NFTs.

The mutated traits of the Mutant Apes will still retain similarities to the original Bored Apes. For example, if a Bored Ape NFT was wearing a party hat and then mutated with a serum, the party hat would still be present on the mutated variant. The accessories, fur colour, expression and other traits may also change in the Mutated Apes but the base traits will be retained.

What makes Mutant Ape NFT valuable?

There are numerous benefits to joining Mutant Ape Yacht Club and, undoubtedly they make them quite valuable. Mainly, by owning a Mutant NFT, you will join the BAYC ecosystem. You may get most of the same benefits as BAYC members by joining the MAYC community. A network of like-minded enthusiasts, including famous people like musician Post Malone and soccer player Neymar Jr., is among them. They also include access to special items, information on upcoming NFT drops, and tips on these topics.

Mutant Serums boost MAYC Value

As we said before, MAYC NFTs get their final form by “drinking” a Mutant Serum. This is why, in the beginning, some people called them Bored Ape Yacht Club Mutant. The scarcity of Mutant Serums is another factor contributing to the high price of the MAYC NFT collection. Demand is raised by rarity. The Mega Mutant serum was obtained for free by the BAYC token holder, but due to its great demand and scarcity, one vial was sold for over $5.8 million. Even less uncommon M1 and M2 serums sell for a high price.

MAYC NFT passive income

The A mutated ape yacht club NFT can be commercially valuable in a number of ways. Profits can come from selling it, but also from licensing it to publications, advertising firms or music production companies to generate passive income. By owning the intellectual property rights of the NFT, it is possible to make use of them. As an example, someone granted permission for the Universal Music Group label “10:22 PM” to develop a music group based on their Bored Apes by licensing their Bored Apes to the company.

Holding Mutant Apes gives some kind of social prestige. They are placed on skateboards, and famous people use them as record covers for their songs. For a game in November 2021, NBA star Tyrese Haliburton displayed his BAYC Ape on his on-court footwear. This mutated ape NFT has achieved worldwide recognition.

Mutant Ape: an exclusive community

The Mutant Ape Yacht Club (MAYC) stands out for its elite community, which is made up of celebrities and crypto whales. Being a member of the MAYC or the BAYC comes with many benefits and exclusives. The community is known to receive airdrops of unique items, giving them an advantage in the NFT space, as well as in the metaverse known as Otherside.

For example, the launch of ApeCoin on March 17, 2022, saw the members of the Mutant Ape Yacht Club NFT claim 2,042 tokens. Additionally, as part of BAYC’s Road Map 2.0, all original Bored Ape and Mutant NFT holders will be gifted with free 3D models of their NFTs that can be utilized in the metaverse.

Since these NFTs are considered prestigious, anyone possessing a Bored Ape or a Mutant NFT and traversing the metaverse will instantly become a celebrity. Is clear, that being part of the Mutated Ape Yacht Club, has it social prestige.

Mutant Ape Yacht Club Mint Price

The Mutant Ape NFT launch had a particular process. In pursuit of as fair a process as possible, the release of the Mutant Ape NFTs was not announced. While 10,000 NFTs were offered for sale, the airdrop of the remaining 10,000 to Bored Apes NFT holders was not announced. On the other hand, once the sale was concluded, all the NFT Mutant Bored Apes were revealed.

The mutant ape yacht club mint date was setted at August 28, 2021. The minting method, a Dutch-style auction, started at a price of 3 ETH (about $10,000 at the time) and was scheduled to drop to 0.01 ETH for nine hours. However, as you can imagine, the auction did not last the full nine hours, barely lasting an hour and reaching a final price of approximately 2.79 ETH when all the Mutant Bored Apes were minted.

Surprising was also the airdrop to the owners of BAYC, who received about 10,000 Mutant Serums with which bored ape mutation happened and the NFT Mutant Ape Yacht Club was born. The other 10,000 NFT Serums were put up for auction and their re-sale price went directly to the moon.

Mutant Ape Yacht Club price

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Our platform doesn't stop at providing you with the latest MAYC price chart. We're dedicated to offering the most in-depth Mutant Apes price trends and sales data available in the market. By using our comprehensive price chart, you gain a detailed perspective into the historical performance of the MAYC NFT price. Whether you're a seasoned collector or new to the NFT world, NFT Price Floor simplifies the process of navigating through the dynamic landscape of Mutant price data. Trust us for the most accurate and timely information on the exciting world of Mutant Ape Yacht Club NFTs.

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