The CEO of Acceleration Obtained an Annual Return of 270000% After Casting BAYC NFT 

2022/04/22By:

Julian Krimochiko, founder and CEO of accelerated financial technology, achieved an annual return of 270000% after casting BAYC NFT a year ago.

Troop of Bored Ape NFTs Rises Above the Competition, BAYC Donates $200K in  ETH to Orangutan Outreach | MyProfit


Apecoin (APE), a governance token related to the popular NFT project – boring ape Yacht Club (BAYC), has made a considerable number of investors rich.According to a recent tweet, Julian klymochko, founder and CEO of accelerate financial technologies, achieved an annual return of 270000% after casting BAYC NFT a year ago.

One fifth of the executive’s annual return comes from the recent apecoin governance token, which has been rising sharply this month. His Canadian company, accelerate, earlier launched accelerate NFT Fund LP (“accelerate NFT fund”), the first Web3 investment vehicle in Canada, he said.

“In the next few years, Web3, the next era of the Internet, will become a more common aspect of our daily life. NFTs, unforgeable tokens, enable users not only to participate, but also to own Web3. We believe that the most popular NFT collection may become Web3’s Google, Amazon and Facebook.”

Klymochko has always been a very active supporter of the space. In February this year, the CEO said: “NFTs is another step for mankind from entity to digital reality”.

New High Above $17

Speculation driven volatility has successfully shaken the price of ape to a new high above $17 this week. For those who don’t know the situation, ape is released by a decentralized autonomous organization called apecoin Dao. Even though the Dao is an entity independent of Yuga labs, the founder of the boring ape Yacht Club, ape has witnessed the adoption of the main token as the NFT ecosystem, in addition to the upcoming Yuga products and services.

The latest surge in ape prices may be due to rumors that owners of the bored ape Yacht Club (BAYC) and mutant ape Yacht Club (mayc) NFT can obtain virtual land in Yuga labs’s upcoming “otherside” meta space through Dutch auction. As a result, the token rebounded after falling in the recent widespread market collapse of ATH.

BAYC has strengthened its position as one of the top NFT collections. According to DAPP radar, at the time of writing, its total trading volume was $1.41 billion. With the large-scale hype around NFT, some celebrities have joined and are still joining the club, such as late night TV host Jimmy Fallon, American rapper post Malone, NBA star Stephen curry, accpopular YouTube Logan Paul, NBA legend Shaquille O’Neill, etc.

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