Theme: 8 Ways that BAYC Could Go to 0ETH 
 
Loss of interest in PFP NFTs: If the overall market for the brand “NFT” loses interest, the demand and value of the Bored Ape Yacht Club NFT collection could decrease significantly.

Scandal or controversy: Any negative publicity or scandal involving the creators or holders of the Bored Ape Yacht Club NFTs could lead to a decrease in value.Legal action against Yuga for unpaid celebrity endorsements then cascades into distrust for brand. 

Lack of scarcity: If the creators of the Bored Ape Yacht Club NFTs overproduce the collection, it could lead to a decrease in scarcity and therefore value.

Competition: If other NFT collections similar to the Bored Ape Yacht Club become available, it could lead to a decrease in demand and value for the Bored Ape Yacht Club NFTs.

Hosting infidelity. Some technical error or core Yuga hack causes holder loss.

Brand hijacking by an extremist group. Making a BAYC mascot for a white supremacist.

SEC action on $APE or financial scandal.

Creator fees to 0.

 



Project: Friendship bracelets Friendship Bracelets by Alexis André - Collection | OpenSea 

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Art Blocks Announces an Official Partnership With Bright Moments  

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