Neymar buys NFT from Mutant Ape Yacht Club for more than BRL 800,000 and increases his collection of ‘digital monkeys’

This article is from cointelegraph.com.br and the original article can be read here in Portuguese

Neymar really joined the nascent culture of NFTs and this Tuesday, the 19th, he acquired an item from the Mutant Ape Yacht Club collection for 55 ETH (approximately BRL 800,000).

The Mutant Ape Yacht Club is a spin-off collection of the Bored Ape Yacht Club, from which Neymar has two NFTs acquired in January for approximately R$ 5 million. Both collections were created by Yuga Labs and are among the most popular and profitable in the cryptocurrency industry.

Initially, the collection was created with 10,000 tokens that could be minted by anyone interested during the launch, which took place in August of last year. Within an hour, all the NFTs had been generated, yielding more than $100 million in total.

In parallel, the company created an NFT entitled Serum, which was offered to all Bored Apes holders. From this kind of digital “potion” it was possible to generate a new NFT with a mutated version of the original monkey.

Although they may reach 20,000, today the collection has 18,711 NFTs in circulation, as not all Serums were used by those who own them.

MAYC #10953

MAYC #10953, now acquired by Neymar, was generated from Serum for 0.011 ETH (approximately R$188), referring only to the cost of transaction fees involved in the NFT minting process.

MAYC #10953. Source: OpenSea

According to Rarity Tools, MAYC #10953 is the 1,757th rarest in the entire collection. Before belonging to the Brazilian star, MAYC #10953 had been traded on two occasions, both in October last year, at a cost of 9 ETH and 9.3 ETH. That is, the last holder made a profit of 491% by selling it to Neymar.

Today the base price of an NFT from the collection is 30.8 ETH, according to Dice of CoinGecko, posting a 14.4% increase in the last 24 hours. Partly motivated by Neymar, who agreed to pay 76% more than the minimum price at which a MAYC can currently be purchased.

The MAYC #10953 trade was the highest value among the collection items traded in the last 24 hours, according to Dice of the NFTs market monitoring platform, CryptoSlam.

Neymar only joined the Apes club this year, but Yuga Labs collections have become popular with celebrities in the sports and entertainment world since last year.

US Professional Basketball League (NBA) legends such as former player Shaquille O’Neal and Golden State Warriors star Stephen Curry own NFTs from the collection, as per reported Cointelegraph Brazil. The most recent celebrity to acquire a Bored Ape was singer Madonna.

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