Too Long; Didn't Read
Last June, a large parcel of Sand was purchased by the exclusive NFT Bored Ape Yacht Club (BAYC) team within the popular metaverse The Sandbox. BAYC consisted of apes minted under unique and scarce NFT technology (10 thousand NFTs) The club is for many a distinction of class and exclusivity of a select group of members that have, among others, NBA stars such as Tyrese Haliburton, LaMelo Ball and Josh Hart. With more than 4,161 holders, the club has a market capitalization of just over $100 million.