Bored Ape Yacht Club -  [Web3 Breakdowns, EP. 1]

I think that what Bored Apes showed me, what really kind of expands my view of the whole universe, is that the ability for content creators or businesses to connect directly with their end consumer and remove a lot of middlemen is just mind-blowing when you think about the possibilities.

When Bored Apes came around, its first big addition to the NFT space was they just said, 'Let's give all the IP rights to the owner.' So, you own your ape, and the Bored Ape Yacht Club, what they retained was... they own the logo of Bored Apes. They own the Bored Ape brand, the parent brand. So, I can't go create a hoodie with this logo on it, but I can create as many hoodies as I want with my apes on them and sell them and do what I please.

Today, the cheapest [Bored Ape] you can buy is 35 ETH. Based on ETH's price action, that's about $140,000-150,000, give or take. So, that's the cheapest you can get.

One thing that made Bored Apes unique was they let the owners take the IP. So, I own my ape. I can start a beer company, a coffee company... There's all of these things that you can do because you own your own ape.

Of all of the blue chip, long-term [NFTs] that I would hold and put away for 10-20 years, they're all on Ethereum, end of sentence, period—Glyphs, Punks, Ringer, XCOPY. These aren't on Solana.

There's been 15 [Bored Ape] sales ... The record was just broken. A 'Trippy' ... just sold for $2.7 million.

One of the interesting things of how NFTs sell is every time a transaction happens, the Bored Ape Yacht Club gets 2.5% in a royalty.