The Latest NFT Endeavor
In November 2021, the monthly magazine that focuses on politics, music, and culture hopped on the NFT bandwagon by joining forces with BAYC and auctioning two digital magazine covers. Besides that, Rolling Stone released 2,500 limited-edition paper zines in a physical form featuring Bored Ape images on its main page.
In a recent tweet, BAYC disclosed its second partnership with the magazine to launch one Bored Ape Yacht Club non-fungible token and a Mutant Ape Yacht Club one.
Gm apes – we’re stoked for the first night of ApeFest. To kick things off, we’re excited to announce that we’ve teamed up with @RollingStone again for two 1/1 NFTs (one BAYC and one MAYC). pic.twitter.com/MYlEGt954h
— Bored Ape Yacht Club (@BoredApeYC) June 20, 2022
The sale of the collectibles is scheduled for June 22 at 9 am ET. It will go hand in hand with the sale of other digital artwork. The art prints can be bought for ApeCoin (APE) worth $100.
The Craze Around BAYC NFTs
The popular collection has emerged as arguably the most influential project in the non-fungible token sector. It depicts different caricatures of monkeys which turned out to be an intriguing niche for numerous investors and celebrities.
At the beginning of 2022, the Founder of Reddit – Alexis Ohanian – gifted his wife – Serena Williams – a Bored Ape NFT. Without disclosing how much he spent on it, he ironically said this will be the only present he will give to his spouse from now on.
A few days later, the Canadian singer Justin Bieber also joined the club by spending 500 ETH to purchase an ape, depicted on a blue background, with tears in its eyes. At the moment of the transaction, the purchase was worth about $1.3 million. A week later, the musician bought another NFT from the collection, this time for $470,000 worth of ETH.
In March, “the queen of pop music” – Madonna – purchased Bored Ape #4988 for 180 ETH (approximately $564,000 by that time). The move created huge controversy among her fans as some praised her decision to jump on the NFT universe, while others were left quite disappointed.