A Single NFT Sold for $6 Million: So What’s Special?

An NFT produced by the Mutant Ape Yacht Club team. Serum #698, 1,542,069 ETH, which is worth almost 6 million dollars.

This was the highest priced serum sale the Bored Ape collection has ever seen, and it certainly broke records. So what exactly is the reason for the NFT in question to find a buyer at such a price?

$6 Million NFT

CEO of blockchain technology startup Chain deepak Thapliyal, was the one who bought this NFT.

Of course, the famous name competed with the leading venture capital firms Andreessen Horowitz and Meta4 Capital while taking this, and the company in question was awarded $5.76 million for Serum #69. 1,500 ETH known to offer.

The Bored Ape Yacht Club NFT collection, developed by Yuga Labs, was launched in April 2021.

These NFTs, which were 10,000 at first, were sold in a short time and the secondary sales continued on their way by breaking records.

Yuga Labs, on the other hand, wanted to launch MAYC, Mutant Ape Yacht Club, as a continuation of this success. This is exactly the feature of these serums sold, and Bored Ape NFT products purchased before can now be mutant with it.

Yuga Labs also airdropped 10,000 serums to BAYC holders on August 28, 2021.

However, each of the 10,000 serums was produced differently and in total 7,500 M1 serums, 2,492 M2 serums and 8 Mega Mutant or M3 serums exists.

Although the M1 and M2 serums do not change much, the serums referred to as M3 can completely change the character, and the importance of this begins exactly here.

It seems that the NFT world, which giants such as Adidas have entered, will continue to grow in this way.

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