Most Valuable Bored Ape Yacht Club Exhibition in Hong Kong Worth over 100 Million HKD

cryptonews.com:

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

NFTs (Non Fungible Tokens) have become one of the hottest topics in recent memory, and the most well known NFT collective is Bored Ape Yacht Club. They are made up of a collection of 10 thousand unique Bored Ape NFTs, each with their own accessories, background etc. As of today (April 20th 2022), the most affordable Bored Ape costs 119 ETH, which is an estimated USD 360,000 (HKD 2.8M HKD). The rarest Bored Apes could worth up to tens of millions.

BlueArk is collaborating with Elite Apes as well as other local NFT collectors to curate the first Bored Ape Yacht Club exhibition in Hong Kong. It will be held at The BlueArk in Tsim Sha Tsui’s Peninsula Hotel from the 5th May to 31st July 2022. 

Dough-Boy, one of BlueArk’s co-founders stated “A lot of friends ask me, “why are NFTs worth so much? We can’t even see them.” Hopefully, this time we could let everyone experience these NFTs in real life.” 

Bored Ape Yacht Club have been occupying the top 3 spots for having the highest volume trades at Open Sea for a long time. Dough-Boy said, “Elite Apes are the representatives of BAYC in Hong Kong. We are very happy to work with them on this exhibition. Their team is very enthusiastic about the future and development of NFTs and we hope to push this culture in Hong Kong. Together with collectors overseas, we are displaying over a dozen of Bored Apes at The BlueArk. The floor price of this exhibition is worth over HKD 100M. I hope people could see that whether it’s the art world or the NFT space, Hong Kong is still at the forefront of it all.”

Elite Apes founder and chairman, Jason Au stated “We started Elite Apes 9 months ago with only USD 2M in assets