If You Invested $1,000 In Bored Ape Yacht Club At Mint, Here's How Much It'd Be Worth Now

One of the most popular non-fungible token collections of all-time is Bored Ape Yacht Club. Launched by Yuga Labs in April 2021, the popular NFT collection just celebrated its two-year anniversary.

Here’s a look at how a $1,000 investment in the project could have done over the last two years for those who bought at mint.

What Happened: Bored Ape Yacht Club launched in late April 2021 and the collection of 10,000 NFTs sold out by May 1, 2021.

The collection came with a mint cost of 0.08 Ethereum ETH/USD, or around $236 at the time.

Bored Apes quickly gained steam across several NFT-themed Discords and on Twitter, where some users began changing their profile pictures to the Ape-themed NFTs.

The collection grew in popularity and valuation and also saw investors and celebrities snatching up assets.

Holders of Bored Ape Yacht Club have been rewarded along the way with airdrops of Bored Ape Kennel Club and Mutant serum to create Mutant Ape Yacht Club in 2021.

In 2022, holders of Bored Ape Yacht Club and other Yuga Labs assets were also rewarded with a claim of ApeCoin APE/USD and Otherdeed for Otherside NFTs.

In 2023, Yuga Labs launched an interactive game called Dookey Dash, which allowed Bored Ape Yacht Club and Mutant Ape Yacht Club holders a claim on Sewer Pass NFTs that unlocked the game. The Sewer Passes received scores from the game and were turned into HV-MTL NFTs. 

Yuga Labs has remained one of the most trusted and valuable names in the NFT space, valued at $4 billion in 2022. The company also acquired Meebits and CrytpoPunks from Larva Labs, two of the earliest and most valuable Ethereum-based NFT collections.

A focus on the metaverse and gaming is among the future plans for Yuga Labs with co-founder Greg Solano, aka Garga, telling Benzinga about future endeavors at its Future of Crypto 2022 event.

Yuga Labs also announced former Activision Blizzard executive Daniel Alegre as its newest CEO who would help power the company’s gaming initiatives going forward.

Here’s a look at how much an original investment in Bored Ape Yacht Club is worth now.

Related Link: How To Buy NFTs 

Investing $1,000 in Bored Ape NFTs: Based on a mint cost of 0.08 ETH and a cost of around $236, an investor could have purchased between four and five Bored Apes at mint including gas fees. For the purpose of this exercise, four Apes minted is the starting point.

With a current floor price of 52.1 ETH ($95,473.77) for Bored Apes, the four NFTs would be worth $381,895.08, assuming they are non-rare Apes.

While the $1,000 investment would be worth over $300,000 today from the four Bored Apes alone, there’s actually more to the story. Every holder of Bored Apes got the equivalent of one Bored Ape Kennel Club and Mutant Ape Yacht Club NFT as well.

With a floor price of 4.97 ETH ($9,101.89) for Bored Ape Kennel Club, the four NFTs would be worth $36,407.56 today based on the current ETH price.

With a floor price of 11.20 ETH ($20,514.95) for Mutant Ape Yacht Club, the four NFTs would be worth $82,059.80 today.

Each Bored Ape and Mutant Ape got a free claim of Otherdeed. With a floor price of 1.19 ETH ($2,173.34), the eight NFTs would be worth $17,386.72 today.

Owners of Bored Apes and Mutant Apes got a free claim of ApeCoin with ownership of Bored Ape Kennel Club increasing the claim amount. A person who owned all three assets was able to claim 12,992 ApeCoins. Based on four sets and a current price of $3.98 for APE, the ApeCoin would be worth $206,832.64.

Sewer Passes were redeemable for each Bored Ape and Mutant Ape owned. The Sewer Passes were redeemable for HV-MTL NFTs. With a floor price of 1.42 ETH ($2,600.33), the eight NFTs would be worth $20,802.64 today.

Altogether a $1,000 investment to buy four Bored Ape NFTs would now yield four Apes, four Kennel Clubs, four Mutant Apes, eight Otherdeeds, eight HV-MTL and 51,968 ApeCoin. The $1,000 investment would be worth $745,384.44 today.

This represents a return of 7,4438.4% in two years.

Owning one Bored Ape from mint would take a $200 to $250 investment in May 2021 into a value of $186,346.09 today when all the additional assets and claims are accounted for.

For comparison, over the same time period, the S&P 500 ETF Trust SPY, which tracks the S&P 500 and is a leading stock market indicator, is down slightly and would have turned a $1,000 investment into $988.07.

Read Next: Top 10 NFT Collections By Sales In 2022: Where Do Bored Ape Yacht Club, CryptoPunks And Azuki Rank?

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