SWAP AT THE SWAMP: BAYC Member Bagelism Trades A Haul Of NFTs For A Bored Ape Via Grails OTC
- Kyle
- Jul 31
- 2 min read
The first ever cross collection swap via Yuga Labs' new peer to peer NFT trading platform went down around the swamp Thursday night, landing a longtime collector an aesthetic Bored Ape!
On Thursday, Bagelism traded a Pudgy Penguin, two Quirkies, a Citizen of Vibetown, a Mutant Ape, and 1 ETH for Bored Ape #9501 through Yuga Labs' recently launched Grails OTC Swaps platform.
“Bored Ape moment! Absolute behemoth of a trade, but I resonate heavily with this double-bored clean-fitted ape. I’ve been participating in the Yuga ecosystem more than just about any other place in web3—between a MAYC, Koda, and several ApeChain communities—since I took the plunge into NFTs last year, so I felt like now was the right time for me to finally score a clean Bored Ape! Huge shoutout to @_PPMan_ / @GrailsOTC for a really intriguing and smooth swap experience. As someone who likes to trade around when I see things I want, this was a much easier experience than cold DMing potential suitors. See you at ApeFest, as already booked.”
As the Gazette previously reported, Yuga Labs expandedits Grails OTC platform last week with the launch of Grails OTC Swaps, allowing collectors to securely exchange NFTs directly through the official BAYC website.
Unlike other over the counter trading platforms that rely on escrow and third party dApps, Grails OTC lets holders trade directly with one another through the official BAYC site, giving collectors on both sides the peace of mind that comes with trading through the best club on the internet.
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