Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Bored Apes NFTs Face Unexpected Competition from Real Primate

Published 08/18/2022, 05:50 AM
Updated 08/18/2022, 06:32 AM
Bored Apes NFTs Face Unexpected Competition from Real Primate

  • Two days ago, Bored Apes NFT received a warning from the Anonymous Group
  • Gold Fur Bored Ape #5853 was sold for 777 Ethereum (ETH) yesterday
  • The first-ever animal-made NFT collection drops on International Orangutan Day

It’s been a very busy week for the most famous Web3 primates, the Bored Ape Yacht Club. The best-selling NFT collection of all time got back to winning ways yesterday when the NFT art collector Vis.ETH bought the angry-looking, gold-fur-coated primate for a whopping $1.5 million. In fact, this Friday marks international orangutan day, and Elok, a real ape living in the Oklahoma City zoo, is posing a challenge for his digital kin.

The Elok NFT Collection Drops on Friday

The Sumatran orangutan named Elok is 21 years old and has painted 21 pictures during his daily engagement activity. Indeed, the artistic primate showed off his skills with a specially designed paintbrush. With the help of an Xbox and a special touch screen sensor, Elok was able to complete the first-ever NFT collection painted by an animal. For that, the friendly primate received some of his favorite treats: crackers, popcorn, and of course, bananas.

Besides, the starting point for bidding on this NFT collection is going to be $550, way less than Bored Apes Yacht Club NFTs, which currently have a floor price of 69.69 ETH (around $129K). Ultimately, 20 of the NFT pieces of art will be sold off in an auction, while the last piece will be kept by the Oklahoma City Zoo.

Elok The Orangutan’s Art Classes Curated By Ms. Dolphin

Tracey Dolphin, the curator of primates at Oklahoma City Zoo, said Elok the orangutan has gotten into painting through daily activities, first creating on a physical canvas. As pointed out by Ms. Dolphin, the ape had no difficulties switching to digital painting and even got more engaged. “You could see that learning as he went through the process and once he understood it, then he got a little bit more into it,” says Dolphin.

The brutal bushmeat hunting has led all three species of orangutans to be endangered. Elok is a Sumatran orangutan, but his kindred Tapanuli and Bornean orangutans are facing extinction too. In order to stop this, the OKC Zoo is ready to donate 100% to the cause. As Rebecca Snyder, the director of the OKC Zoo, says, “A lot of people don’t know what’s happening to orangutans and their habitat, or to the other species that share the forest they live in, and our animals are a good way to introduce people to that and make them care about something that’s happening on the other side of the planet.”

On the Flipside

  • Anonymous suspects monkey business connected to Bored Apes Yacht Club NFTs
  • Justin Bieber and 19 other celebrities targeted by Watchdog for shilling NFTS

Why You Should Care

The Oklahoma City Zoo will donate 100% of the NFT art proceeds to conservation organizations. All three species of orangutans are in danger of extinction.

Read about world’s most expensive Bored Apes NFT themed champagne bottle

Find out about the first trips to the Otherside, powered by Yuga Labs

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.