About Bored Ape Yacht Club
Bored Ape Yacht Club develops a series of cartoon ape characters for auction in exchange for cryptocurrency.
Headquarters
Bored Ape Yacht Club, Miami
Founded
2021-01-01
Industry
Blockchain, Cryptocurrency, Ethereum
Last Funding Type
Series Unknown
Valuation
16
IPO Status
Private
Financial
Bored Ape Yacht Club's NFT collection has experienced a significant downturn, with its floor price dropping 90% from its 2022 peak. This decline reflects a broader trend in the NFT market, impacting the once-celebrated digital assets. Amidst this market shift, the company faces operational challenges, including layoffs announced by its leadership.
Funding Rounds
2
Number of Investors
8