Mutant Ape Yacht Club NFT Collection: An Essential Guide
JAN 2024, [email protected]
Data Source: Mutant Ape Yacht Club NFT Collection Dashboard
The Mutant Ape Yacht Club is a dynamic collection created by Yuga Labs, which expands the Bored Ape Yacht Club universe through a unique mutation process involving a special serum or public minting. Will this NFT project rise in 2024?
About Mutant Ape Yacht Club
The Mutant Ape Yacht Club (MAYC) is an innovative extension of the Bored Ape Yacht Club (BAYC), both creations of Yuga Labs. This particular collection allows for the creation of up to 20,000 unique Mutant Ape NFTs. These digital assets emerge either through the application of a MUTANT SERUM to an existing Bored Ape or via direct minting during a public sale. This mechanism introduces a dynamic layer to the NFT space, where the transformation of a Bored Ape into its mutant counterpart is an event in itself.
Yuga Labs, known for their trailblazing work in the NFT domain, has added the Mutant Ape Yacht Club to their repertoire of successful digital collections. The MAYC stands as a testament to the evolving nature of NFTs, where ownership of a Bored Ape offers a gateway to further exclusivity and novelty. The collection caps at 20,000, ensuring a level of scarcity while also expanding the BAYC ecosystem. This process of "mutating" an NFT underscores the blend of creativity and technology that is becoming a hallmark of the NFT community.
Who is behind Mutant Ape Yacht Club
Yuga Labs, the creative force behind the Bored Ape Yacht Club (BAYC) and the Mutant Ape Yacht Club (MAYC), has established itself as a pivotal entity in the NFT space with its innovative approach to digital collectibles. Launched in 2021, the company has crafted a collection of 10,000 unique ape-themed NFTs that are not only digital assets but also serve as a membership to an exclusive club, infusing ownership with tangible benefits like early access to new drops and potential commercial rights. Yuga Labs' inspiration from CryptoPunks is evident, yet they have taken the concept further, creating a sense of community and exclusivity that has resonated deeply within the crypto industry, making them a household name.
The Bored Ape Yacht Club was just the beginning for Yuga Labs, which swiftly followed up with the Bored Ape Kennel Club (BAKC) and the Mutant Ape Yacht Club (MAYC), expanding their universe and rewarding BAYC holders. BAKC introduced 10,000 unique digital dogs, while MAYC offered a zombified variant of Bored Apes, both of which commanded high prices on secondary markets and attracted celebrity attention. With a staggering $127 million in net revenue in 2021, Yuga Labs has not rested on its laurels, acquiring other major NFT projects and announcing new ventures like the Otherside metaverse. Despite its rapid growth and success, the company maintained a low profile until recently, but as Yuga Labs continues to be a major force in the expanding NFT ecosystem, the spotlight on its operations and plans has intensified.
Mutant Ape Yacht Club NFT Collection Data
In the dynamic world of Web3, understanding non-fungible tokens NFTs can be like exploring a large, unknown sea. Data analytics is the tool that helps everyone involved—collectors, investors, and creators—find their way. It does this by looking closely at transaction records, ownership details, price movements, and how people interact with NFTs. This information helps people make smart choices, avoid risks, and spot new chances in the NFT market.
Having this kind of guide is crucial for staying on track in the ever-changing NFT landscape. It helps with making choices that keep up with the market, making sure no one is lost in the vast amount of NFT data.
NFT Market Trend
The NFT market is a dynamic ecosystem, and data metrics serve as a barometer for its changing conditions. Key indicators such as market capitalization, trading volumes, floor prices, and active engagement across marketplaces provide a vivid picture of the sector's health and growth potential.
Investors who tap into these market trends can anticipate the direction of the tides, manage investment risk and uncover hidden treasures of opportunity. The importance of this data is huge—it's the foundation of smart investment plans and a defense against the ups and downs of the NFT market.
Over the past six months, the Mutant Ape Yacht Club NFT collection has experienced significant fluctuations in its floor price and market cap, as noted by Footprint Analytics .
User Behavior
In the realm of NFTs, user behavior data such as total sales, total buyers and sellers, unique holders, and daily transactions provide a granular view of individual and collective actions. Metrics such as daily sales, volume, and the fluctuating numbers of holders, sellers, and buyers offer real-time insight into the pulse of the market.
Analyzing this user behavior data equips stakeholders with a deeper understanding of market sentiment and participant activity. Trends such as peak buying times, shifts in holder sentiment, and the emergence of buying or selling pressures can be identified. By leveraging this intelligence, investors and creators can refine their strategies, align them with the market demands and position themselves for success in the ever-changing NFT world.
Footprint Analytics reports that as of January 21, 2024, the Mutant Ape Yacht Club NFT collection has stabilized at roughly 11,000 individual owners, with a current holder-to-supply ratio of 1.75.
Leverage Footprint Analytics for NFT Data
Footprint Analytics offers a comprehensive suite of blockchain analytics, empowering analysts, developers, and investors to transform raw blockchain data into actionable insights. The key features include neatly structured tables for organized data presentation, a no-code platform enabling seamless NFT analytics, and the provision of in-depth data for a thorough comprehension of pertinent metrics and insights.
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Dive into our NFT Research page to discover the depth of the data we offer. If you're navigating uncharted territories and require data from a blockchain yet to be in our repertoire, we invite you to set sail with us.
Schedule a meeting with our team to discuss adding new chains or forging custom insights for your unique NFT collection.
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The MUTANT APE YACHT CLUB is a collection of up to 20,000 Mutant Apes that can only be created by exposing an existing Bored Ape to a vial of MUTANT SERUM or by minting a Mutant Ape in the public sale. Items. Activity. Price: Lowest. . #9787 (M1)Mutant Ape Yacht Club. . 2.59 ETH. Buy. #12210 (M1)Mutant Ape Yacht Club. . 2.59 ETH. Buy.
The Mutant Ape Yacht Club came as a collection of 20,000 Mutant Ape-themed NFTs, created on August 28, 2021. As the second-ever expansion made to the Bored Apes ecosystem, MAYC was created to onboard more collectors into the BAYC ecosystem.
Yuga Labs, creators of Bored Ape Yacht Club(BAYC), the most popular NFT collection of all time, mastered this strategy in its journey to a $4 billion valuationin 2022. And its Mutant Apes release was a perfect case study of how builders can create extra value for their audiences — with a handsome reward for doing so.
The Mutant Ape Yacht Club (MAYC) is an NFT collection of a maximum of 20,000 Mutant Apes. They were the third NFT collection that BAYC creators Yuga Labs launched, after the Bored Ape Yacht Club and its companion collection, the Bored Ape Kennel Club. Although they are the 3rd collection, Mutants were actually on BAYC’s initial Roadmap 1.0.
The Mutant Ape Yacht Club is a dynamic collection created by Yuga Labs, which expands the Bored Ape Yacht Club universe through a unique mutation process involving a special serum or public minting. Will this NFT project rise in 2024?