Domain Investor Spends More than $500k on BAYC Ape

Domain Investor Spends More than $500k on BAYC Ape

According to a tweet from Hiren Patel, a domain investor has spent more than $500,000 to purchase a Bored Ape Yacht Club Ape. The golden ape is part of the BAYC NFT series that has become quite popular during the past few months. Several domain investors I know have purchased BAYC apes. Hiren shared the news in a tweet:

The 199 ETH purchase is equal to approximately $555,755.26 USD at the current exchange rate. The purchase was confirmed on the OpenSea transaction page. I am sure there’s a better way to search that I don’t know about, but a quick look at highest last sales of BAYC apes indicates that this 199 ETH sale is the largest sale I could find on OpenSea. Someone should correct me if I am wrong, but it looks like there were only five other BAYC sales at 100 ETH or higher.

I reached out to Robert on Twitter, and he confirmed the purchase. He told me he and his brother Jack (who operates the Apex Moon domain investment company) acquired the golden ape NFT together.

I lack the knowledge to comment about whether or not this was a great purchase, but one of the nice things about buying and selling on OpenSea is that the purchases become a matter of public record.

About The Author: Elliot Silver is an Internet entrepreneur and publisher of Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

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