The first-ever Bored Ape Yacht Club (BYAC)-inspired bar “Arcade Apes” is set to open in London, England in October. The bar will cater to the Web3 and blockchain community, particularly NFT collectors and creative talents in the space.
“We want to be the hub for all NFTs and Crypto. A place where everyone can meet IRL with like minded individuals. If you have a NFT or crypto project DM us and let’s collab on something special,” the Arcade Apes team stated on September 14.
BYAC is one of the most popular Non-Fungible Token (NFT) collections to date, with $1 billion in sales.
About Arcade Apes
Arcade Apes is an upcoming bar in London, inspired by ape-themed NFT project Bored Apes Yacht Club. The establishment will feature board games and private arcade machines (with over 1,800 games).
One of the most important highlights of the bar is the NFT art gallery with Adam Rattigan as the curator. Rattigan is the founder of Munchies NFT, a collection described as “Pop Art with utility on a plate, inspired by 70 legendary artists.”
On September 15, Arcade Apes tagged NFT.NYC in a Twitter post, inviting the NFT community/conference to hold an event at the bar in the near future.
“If you’re organizing events for NFT London @NFT_NYC we’d love to host your community. We have a number of communities already organizing. DM for more info,” the team tagged NFT.NYC on September 15.
While it is not clear whether there is a partnership brewing between the two entities, the idea of producing a conference is not far from reality at all. On November 3, NFT.NYC is kicking off its “NFT London” event, which aims to bring together the NFT community in London for “debates, talks, and workshops.”
About Bored Ape Yacht Club
Bored Ape Yacht Club (BYAC), or “Bored Apes” for short, is an NFT collection of 10,000 Profile Picture (PFP) apes built on the Ethereum blockchain. The cartoon-looking primates were procedurally generated using an algorithm.
On April 23, 2021, the NFT project launched with a live presale after its first mint on April 20. Bored Ape holders are given access to a private online club and exclusive in-person events. Furthermore, the NFTs also grant owners intellectual property (IP) rights for the image.
As of 2022, BYAC’s total sales have reached a record $1 billion since its launch. In addition to that, the NFT collection is also a favorite among celebrities. Prominent stars who own a Bored Ape include Eminem, Jimmy Fallon, Justin Beiber, Madonna, Neymar, and Paris Hilton, to name a few.
Bore Apes is a product of Yuga Labs, a technology company that specializes in blockchain and cryptocurrencies. Yuga Labs is best-known for developing digital collectibles and NFTs, with BAYC being the most successful by far.
In mid-September, BYAC’s developer Yuga Labs made some headlines due to rumors of a new NFT collection in the works. According to sources, the upcoming project is called “Mecha Apes.” Currently, there is no confirmation on the veracity of the reports. However, the story spread online really quick, to the delight of Bored Ape enthusiasts.
As of this writing, Bored Ape Yacht Club has a total volume of 664,100 $ETH ($857,798,047). The floor price is 73 $ETH ($94,291.91). The most expensive Ape on sale has a 100,000,000,000,000 $ETH ($129,167,000,000,000,000) price tag, per OpenSea.