The Mutant Ape Yacht Club (MAYC) is a collection of 20,000 NFTs inspired by the apes in the Bored Ape Yacht Club (BAYC). Yuga Labs is the same company that created both of these collections. That is why the traits of the Bored Apes and the Mutants are similar. Both token holders enjoy many of the same benefits and have access to the same community and Discord channel.
What Makes Mutant Ape Yacht Club Unique?
The things that make the Mutant Ape Yacht Club NFT collection unique are its limited supply of NFTs, and the Mutant Serum. You can think of this serum as a digital tube filled with a magical liquid that Bored Apes take to become Mutated Apes.
The Three Tiers of the Mutant Serum
The Mutant Serum vials are divided into three tiers. These are M1, M2, and M3 or Mega Mutant, which is the ecosystem's holy grail. M1 is the most affordable. This serum was available in 7,500 vials at the time of its release. It produces a Mutant with characteristics similar to the original Bored Ape. M2 is slightly more expensive than M1, with a total of 2,492 vials at launch. It also produces a Mutant NFT, which is similar to its Bored Ape. M3 serum is the most one -of-a-kind, with only eight vials ever produced. At the time of writing (7/29/2022), all but one vial of M3 serum had been destroyed.
What Makes Mutant Ape Yacht Club Valuable?
Joining Mutant Ape Yacht Club is beneficial for a variety of reasons. It's primarily the fact that by owning a Mutant NFT, you can join the BAYC ecosystem at a lower membership tier. As a member of the MAYC community, you can enjoy many of the same benefits as BAYC members. Access to exclusive merchandise, information on upcoming NFT drops, and a community of like-minded enthusiasts, including celebrities such as singer/songwriter Post Malone and soccer star Neymar Jr., are among the benefits.
Rarity of Mutant Serums Enhances the Value of MAYC
The scarcity of Mutant Serums relates to the high value of the MAYC NFT collection. Rarity raises demand. One viaal of the Mega Mutant serum sold for nearly $5.8 million due to its high demand and scarcity, despite the fact that it was obtained for free by the BAYC token holder. Even M1 and M2 serums, which aren't as rare as M3, command high prices.
Commercial Value of Owning an MAYC NFT
Owning a Mutant Ape has financial value as well. You can profit from it by selling it or licencing it to magazines, marketing agencies, or music production companies to earn a passive income. This is because you own the intellectual property rights to the NFT you own. Someone, for example, licenced their Bored Apes to the Universal Music Group label 10 : 22PM, allowing the company to create a music group based on their Bored Apes.
Holding Mutant Apes is a social symbol as well. People put them on their skateboards, and celebrities put them on the covers of their musical albums. NBA player Tyrese Haliburton wore his BAYC Ape on the court during a game in November 2021.
Excellent Reputation of the MAYC Team
Mutant Ape Yacht Club's team has a track record of sticking to their NFT road map while also running a highly successful project — BAYC. This boosts people's trust in MAYC and, as a result, the value of these NFTs. Yuga Labs has received investments from large corporations such as Google Ventures and Samsung, which adds value to the entire ecosystem.
