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

Share This Post

Eminem, the Grammy Award-winning rapper, has joined the Bored Ape Yacht Club (BAYC), purchasing one of the 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 figure wearing a khaki army cap and a gold chain necklace, both of which he frequently wears in real life. BAYC member GeeGazza sold the digital artwork for 123.45 ETH, which is around $450,000 USD. In November 2021, GeeGazza tweeted, “I still think Eminem is destined to buy my @BoredApeYC one day.”

Six, a digital agency that has previously worked with celebrities in the NFT industry including as Wu-Tang Clan, Tycho, and Galantis, was responsible for the transaction. It’s also not Eminem’s first foray into NFTs: under the moniker “Shady Holdings,” the musician now owns 15 NFTs on OpenSea.

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

I’m living in a simulation.

Thank you @Eminem for buying my ape and joining the club!

Madness. Let me write a lyric in your next single 🤣 pic.twitter.com/myGNRmMLeD

— GeeGazza  (@Gee__Gazza) December 31, 2021

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) assets from 32 collections, according to dappradar.com stats. After purchasing BAYC #9055 for 123.45, the address currently possesses 1.52 ether. Eminem received 124 ether from an account known as georgio.eth on ENS. That account owns 504 NFTs from 51 different collections, including 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 among Eminem’s other NFTs. The Shady Holdings address, in reality, contains a slew of ERC721 NFTs.

Eminem’s NFT spending binge comes on the heels of his beat-inspired animated NFTs for Stans, which he released in April. Eminem’s NFT sale took place on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg also joined a host of venture funds that invested $30 million in 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 released in April. Eminem’s NFT sale took place on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg also joined a host of venture funds that invested $30 million in the NFT market Makersplace in August.

Eminem has officially joined the second-largest NFT project on OpenSea by volume with his new EminApe. According to CryptoSlam, the BAYC has sold 284,765 ETH ($977.6 million) in secondary transactions so far, and the floor price is now at 60 ETH ($220,000).

The rapper joined the ranks of a slew of other celebrities, including NBA player Stephen Curry and talk show presenter Jimmy Fallon.

Bored Apes recently overtook CryptoPunks in terms of floor price, which is a huge accomplishment for a project that only began 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

Read Entire Article
spot_img

Related Posts

David Bailey, CEO of Bitcoin Inc., Reflects on His Company’s Transformational Pivot to Bitcoin and More

David Bailey, CEO of Bitcoin Inc, took time out of running the Bitcoin Asia Conference in Hong Kong to sit down with Bitcoincom’s COO, Jason Sheman The conversation delved into the lessons learned

XRP Price Rises Within Range: Poised for a Breakout?

XRP price avoided a major downside break as ETH’s surges The price is back above $05220 and eyeing a key upside break in the near term XRP started a decent increase above the $05150 resistance zone

Sei Foundation Unveils ‘Parallelized’ EVM In v2 Upgrade, Driving 11% Spike In SEI’s Price

To increase the capabilities of its Layer 1 (L1) blockchain, the Sei Foundation has announced a governance proposal to upgrade Sei to Version 2 This proposed upgrade will reportedly introduce a

NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis

New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco The settlement,

Crypto Investment Fund Exec Sentenced To 3 Years For $55 Million Scheme

Lilian Nurieva, former Head of Networks at Russian crypto Investment fund Finiko, has been sentenced to three years for defrauding private investors and participating in an organized criminal group

Ethereum Soars 20%: ETH Hype Escalates on ETF Rumors

Ethereum price rallied over 20% amid rise in hopes of ETH ETF ETH broke many hurdles and even broke the $3,500 resistance zone Ethereum started a fresh surge and cleared the $3,500 resistance zone
- Advertisement -spot_img