Monkey NFTs are rare digital assets, meaning they are one-of-a-kind digital representations of real-world objects. They can be bought and sold, with prices depending on their rarity and uniqueness. One example of a popular NFT is the Bored Ape Collection, which features 10 different designs. Each monkey is a tribute to a different pop culture reference.
The popularity of monkey NFT art is rising, with many people starting to collect them and trading them for other items. Some of the more expensive monkey NFTs are crypto kitties and bored ape NFTs. While some people simply collect these coins for the enjoyment of looking at them, others think that the value will rise.
While a number of NFT projects look great, many of them have a bad odor of multi-level marketing. These projects often have a pushy sales approach, where the original collectors push others to join them in the business. They promise digital images of apes that can sell for much more than the original price. But these digital pieces may not be worth much unless you can acquire a certificate of authenticity.
In addition to the Bored Ape Yacht Club NFT, there is also a Bored Ape NFT. Stephen Curry bought one for $180,000 worth of Ethereum in August 2021. He joins a list of athletes that includes footballers Dez Bryant and Von Miller, and musicians Eminem, Timbaland, and Steve Aoki.