Why are Bored Ape Yacht Club royalties considered valuable assets in the crypto community?

3 answers

• Dec 17, 2021 · 3 years ago
  Bored Ape Yacht Club (BAYC) royalties are considered valuable assets in the crypto community due to their scarcity and unique ownership rights. Each Bored Ape NFT comes with commercial usage rights, allowing the owner to monetize their ape's image and earn royalties from various commercial activities. This includes licensing the image for use in advertisements, merchandise, and other creative projects. The limited supply of Bored Ape NFTs and the potential for ongoing revenue generation make these royalties highly sought after by collectors and investors alike.
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• Dec 17, 2021 · 3 years ago
  Bored Ape Yacht Club royalties are valuable assets in the crypto community because they represent a new way for artists and creators to monetize their work. By selling their NFTs with commercial usage rights, artists can earn ongoing royalties from the commercial use of their creations. This empowers artists to directly benefit from the success of their work, without relying solely on one-time sales. The Bored Ape Yacht Club has gained significant attention and popularity, further increasing the value of these royalties.
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• Dec 17, 2021 · 3 years ago
  Bored Ape Yacht Club royalties have gained significant value in the crypto community due to the success and reputation of the Bored Ape NFT collection. The Bored Ape Yacht Club has established itself as a highly desirable and exclusive community, attracting influential individuals and celebrities. As a result, the commercial usage rights and royalties associated with Bored Ape NFTs hold immense value, as they provide access to a prestigious and influential network. This exclusivity and social status contribute to the high valuation of Bored Ape Yacht Club royalties.
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