Notes

A Bored Ape Ethereum NFT Owner is Launching a Real-World Yacht Club
Each NFT has traits which are ranked by rarity, making some more valuable than others. Daniel Van Boom is an award-winning Senior Writer based in Sydney, Australia. Daniel Van Boom covers cryptocurrency, NFTs, culture and global issues. When not writing, Daniel Van Boom practices Brazilian Jiu-Jitsu, reads as much as he can, and speaks about himself in the third person. If only there were some more secure way to store one’s digital treasures the same way precious works of art can be secured by steel vaults.
Anotherwith gold fur and laser eyes, two sub-1% traits, went for $3 million. Second, you have NFT collections like the Bored Ape Yacht Club, which are mostly designed to be used as profile pictures on social media. The latter have become the dominant style, where most of the money is spent. Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units.
On any given NFT's page, its properties will be listed as well as the percentage of NFTs in the collection that share the property. For instance out of 10,000 apes only 46 have solid gold fur, making these particularly valuable. ape nft think they'll revolutionize the internet, at last allowing digital goods to be bought and sold like real-world, physical products.
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Selling or securing your data as an NFT could become a real option, as long as the righthack-prevention measures are in place. Adding encryption to NFTs can keep content private while also enabling it to remain in public storage. You also have Ape-backed borrowers on the verge of liquidation and 143 Apes already stolen, including Seth Green’s Bored Ape, which he was forced to pay to get back. And, of course, there are also the fans who slammed Eminem and Snoop Dogg when they performed as their Apes at the latest MTA Video Music Awards.
All 10,000 apes have the same flat price of 0.08 ETH, with no price ramps, as a way to promote fairness and equality amongst all members and fair distribution. Some apes have rarer traits than others and the rarer the trait, the higher the value. Join our growing community of 400K+ members and get access to our exquisitely curated mix of news, events, interviews, and noteworthy assets.
Website: https://unitedceres.edu.sg/web3-explained-how-it-will-change-future/