Bored Ape Yacht Club Founders Identities Revealed – Everything You Need To Know

0
85


Greg Solano (32) and Wylie Aronow (35) have been identified as the legitimate founders of the popular non-fungible token (NFT) ape avatar collection platform Bored Ape Yacht Club (BAYC). BAYC is a popular collection of 10,000 unique bored apes created by Yuga Labs. It has generated over $1 billion in total sales amid celebrities flocking to the NFT bandwagon.

The identities were revealed in a detailed BuzzFeed report, which added that the founders were active on social media under the pseudonyms “Gordon Goner” aka Greg Solano and “Gargamel” aka Wylie Aronow. Yuga Labs, the company name behind BAYC, operates out of Delaware. This address has been found to be associated with co-founder Greg Solano.

Nicole Munie, CEO of Yuga Labs, also confirmed that Solano and Aronow were in fact the co-founders of the BAYC NFT project. In a tweet, both Solano and Aronow confirmed that their identities had been ‘doxxed’ and posted their original photos alongside their own Bored Ape avatars. Doxxing means posting private information about someone.

The minimum price for a BAYC NFT starts at 52 Ethereum or approximately $210,000. BAYC NFTs are owned by famous celebrities, such as basketball icon Steph Curry, music artist Post Malone, and even American TV host Jimmy Fallon. More recently, rap artist Eminem is the latest to jump into the NFT craze with his first purchase from BAYC which cost 123.45 Ether worth $452,000 (Rs 3.36 crore approx.).

In December, someone sold by mistake a BAYC NFT worth Rs 2.27 crore for Rs 2.27 lakh. According to a CNET report, the NFT sold for $3,000 was supposed to trade for 75 Ethereum (ETH) around $300,000. However, the owner of the NFT, who goes by the username maxnaut, ended up with a typo and entered a trading price of 0.75 ETH instead of 75 ETH.

The owners of the famous NFT BAYC collection announced in October last year that the company will launch its own Ethereum-based crypto token in early 2022.

.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here