Bored Apes Taking the Tron NFT Market by Storm; 75% Sold in Under 24 Hours
08 September 2021 - 7:28PM
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Bored Ape Yacht Club enthusiasts are taking the TRON network by
storm. Just 24 hours into this minting event, over 75% of
Tron-exclusive Apes have already found their owners. Bored Ape
Yacht Club Tron, created by Palmar Labs, seems to be the hottest
NFT on TRON network these days. This brand new collection, which
follows the steps of the widely popular Ethereum-based project,
features a series of 10,000 eye-catching Apes. Although initially
planned for September 5, the team behind this collection had to
postpone the event to enable Ape aficionados to mint on the go
through mobile devices. That, as it appears, has not discouraged
the NFT community from rushing into the primates once reopened. As
of this writing, more than 80% were already minted — only 2,000
Apes left. Tpunks, the first NFT collection to make it on TRON,
sold only 600 pieces out of 10,000 in the first 24 hours. And while
it took them four months to sell them all, the marketplace activity
is having one hell of a ride after TRON founder Justin Sun
purchased a Joker Tpunk for $10.5 million last week. For
Tronmeebits, the second project to go live in this blockchain, it
took about 36 hours to sell 20,000 digital art pieces. Yet, none of
these projects managed to launch a marketplace yet. The BAYCTron
collection is among the first five NFT projects to be launched on
TRON. And according to team representatives, it will be the second
collection to have its own marketplace. “Our focus was never to
launch first. We want it to do it right and, more importantly,
ensure that everyone can mint on the go using mobile devices. Also,
we are working non-stop to launch our marketplace, which will
enable the Bored Ape community to buy, sell, and bid on their
favorite assets in a headache-free way,” says Caroline Matusso, CMO
of BAYCTron. BAYCT are TRC721 tokens, the recently implemented
standard for non-fungible tokens on Justin Sun’s blockchain. While
there are no details as to what types of Apes are available in this
collection, the creators did announce that 15 Apes are exclusively
dedicated to TRON. According to their official website, the tokens
are all minted randomly and “programmatically generated from 170+
possible traits, including expression, headwear, clothing, and many
others.” As for the price, digital collectors can get hold of a
Tron-powered Bored Ape for a fixed 1,000 TRX or around $85. And for
those looking to form an entire troop, the site does allow users to
mint multiple tokens at once. Bored Ape Yacht Club Tron has already
won the support of some prominent figures in the NFT space. Joshuwa
Roomsburg, CEO of ChainLeak and one of the world’s leading crypto
influencers, has purchased twelve BAYCT Apes earlier today. I aped
in on @BAYCTron! 😂😂😂I got a couple fire ones though.
🔥https://t.co/7UIROrxSjn#NFTs #TronNFTs #Tron #TRX#JustinSun #NFT
@JustinSunTron pic.twitter.com/ooqG1hlane — Joshuwa Roomsburg
(@JoshRoomsburg) September 6, 2021 The project has managed to get
the attention of thousands of NFT collectors in a couple of days,
adding more than 9,000 followers on Twitter and hundreds on
Telegram. “The team behind BAYCTron is highly professional, and we
understand the importance of securing the value of our collection
on the secondary market. That’s why we’re taking partnerships very
seriously. While we cannot disclose any details at this stage, we
are exploring partnership opportunities with major NFT curators”
Matusso explained. This exciting minting race can be over in days,
hours, or minutes — no one can tell for sure. The company has
announced that, at this stage, “three super rare NFTs are still
available for minting.” With only a quarter of the supply left,
chances to get hold of a valuable asset are rising by the minute —
and collectors are not monkeying around.
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