A Bored Ape Yacht Club derivative collection is experiencing very high trading volume after video calling collection a Nazi.
The NFT RR/BAYC collection is a derivative of the famous Bored Ape Yacht Club (BAYC). Created by internet artist Ryder Ripps, RR/BAYC saw its trading volume rise from 3,6 ETH on June 19 to 2.861 ETH on June 21 on the NFT Market of OpenSea.
Bored Ape Yacht Club is widely used by celebrities like Paris Hilton, Neymar, Stephen Curry and Jimmy Fallon, the cheapest NFTs in the collection hit an all-time high of 153,7 ETH ($420.430) on May 1.
Source: Philion – BORED APE NAZI CLUBThe sudden interest in the derivatives collection may be due to the release of an hour-long video titled “BORED APE NAZI CLUB” in which YouTube influencer Phillion criticizes BAYC founders Gargamel and Gordon Goner for “trolling” people into buying NFTs that he says contain secret Nazi, racist and colonial images.