-5.1 C
New York
January 23, 2022
Crypto News

Eminem Buys Bored Ape Yacht Club NFT That Looks Like Him For $452K

Eminem, the Grammy Award-winning rapper, has joined the Bored Ape Yacht Club (BAYC), buying one of many non-fungible token (NFT) apes for 123.45 ether ($462,000) on the OpenSea platform.

Eminem Buys BAYC NFT

Eminem, the famed Detroit rapper, has joined the Bored Ape Yacht Club (BAYC).

The NFT, named “EminApe,” depicts Eminem’s iconic Bored Ape determine carrying a khaki military cap and a gold chain necklace, each of which he often wears in actual life. BAYC member GeeGazza offered the digital art work for 123.45 ETH, which is round $450,000 USD. In November 2021, GeeGazza tweeted, “I still think Eminem is destined to buy my @BoredApeYC one day.”

Six, a digital company that has beforehand labored with celebrities within the NFT trade together with as Wu-Tang Clan, Tycho, and Galantis, was answerable for the transaction. It’s additionally not Eminem’s first foray into NFTs: underneath the moniker “Shady Holdings,” the musician now owns 15 NFTs on OpenSea.

In a tweet, BAYC member GeeGazza, who offered the ape, thanked the entertainer for buying the NFT. “I’m living in a simulation,” he wrote, including: “Madness. Let me write a lyric in your next single.”

eminem btc

BTC/USD plunge from $50k. Source: TradingView

Related article | Eminem’s Latest Album Kamikaze Name-Checks Bitcoin

The Rapper Holds NFTs From Different Collections

Slim Shady has 166 non-fungible token (NFT) belongings from 32 collections, in line with dappradar.com stats. After buying BAYC #9055 for 123.45, the deal with presently possesses 1.52 ether. Eminem obtained 124 ether from an account often known as georgio.eth on ENS. That account owns 504 NFTs from 51 completely different collections, together with Bored Ape Yacht Club #4936, and it spent 43.98 ether ($164,832) on two Cryptopunks.

SABC #2615, Shaq Gives Back #4077, and Adult Fantasy Sub-Dude (130/151) are amongst Eminem’s different NFTs. The Shady Holdings deal with, in actuality, comprises a slew of ERC721 NFTs.

Eminem’s NFT spending binge comes on the heels of his beat-inspired animated NFTs for Stans, which he launched in April. Eminem’s NFT sale came about on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg additionally joined a number of enterprise funds that invested $30 million within the NFT market Makersplace in August.

Eminem’s NFT spending binge comes on the heels of his beat-inspired animated NFTs for Stans, which he launched in April. Eminem’s NFT sale came about on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg additionally joined a number of enterprise funds that invested $30 million within the NFT market Makersplace in August.

Eminem has formally joined the second-largest NFT venture on OpenSea by quantity together with his new EminApe. According to CryptoSlam, the BAYC has offered 284,765 ETH ($977.6 million) in secondary transactions to this point, and the ground price is now at 60 ETH ($220,000).

The rapper joined the ranks of a slew of different celebrities, together with NBA participant Stephen Curry and speak present presenter Jimmy Fallon.

Bored Apes just lately overtook CryptoPunks by way of ground price, which is a large accomplishment for a venture that solely started in April 2021.

Related article | Snoop Dogg Joins The Bored Ape Yacht Club And The Sandbox. Read All About It

Featured Image from Shutterstock | Charts by TradingView

Related posts

Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race – Mining Bitcoin News

Crypto Advisor

70% Of Bitcoin Supply Is In Profit

Crypto Advisor

Decentralized Social (DESO) is launching on Coinbase Pro

Crypto Advisor

Leave a Comment