9GAG has recently spent almost  800 ETH or a total of $1.3 million (based on the market rate at the time of purchase) for buying eight unique Bored Ape Yacht Club NFTs. This most expensive piece in the collection is the BAYC 2059 obtained at 132.7 ETH or approximately $215,000.

About 9GAG

Based in Hong Kong and owned by the creators of Memeland, 9GAG is a social media website for sharing memes and acquiring new memes to grow its collection. So far, of all the meme communities on the internet today, 9GAG is the largest and most inclusive. There, users share the latest memes and enjoy having fun without reservation.

About Bored Apes Yacht Club NFTs

The Bored Ape Yacht Club (BAYC), is an exciting collection of distinct NFTs minted on the Ethereum Blockchain. Created by Yuga Labs, it showcases different renderings of cartoon apes as profile photos produced by a program. Today, it has become the most popular NFT in the world, coveted by celebrities and even billionaire Twitter owner, Elon Musk. 

About 9GAG x BAYC

A few days ago, 9GAG invested heavily into purchasing eight unique Bored Ape Yacht Club NFTs, all of which feature the popularly desired hat and other accessories. The most recent piece in the collection is the BAYC 4024 purchased at 93.8 ETH or about $152,000. 

This shows clearly that 9GAG is interested in tapping into the ever-expanding NFT market. It’s also not the first time the Memeland team is committing to creating non-fungible digital assets. In the past, the Memeland and 9GAG team created some popular NFT collections, like The Potatoz, The Captainz, and You The Real MPV. All the NFTs are listed on their profile on OpenSea – including the recently purchased BAYC NFTs. You can access them here.