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 Membership (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 Membership (BAYC).

The NFT, named “EminApe,” depicts Eminem’s iconic Bored Ape determine sporting a khaki military cap and a gold chain necklace, each of which he continuously wears in actual life. BAYC member GeeGazza bought the digital paintings for 123.45 ETH, which is round $450,000 USD. In November 2021, GeeGazza tweeted, “I nonetheless assume Eminem is destined to purchase my @BoredApeYC someday.”

Six, a digital company that has beforehand labored with celebrities within the NFT business together with as Wu-Tang Clan, Tycho, and Galantis, was chargeable 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 bought the ape, thanked the entertainer for buying the NFT. “I’m dwelling in a simulation,” he wrote, including: “Insanity. Let me write a lyric in your subsequent single.”

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The Rapper Holds NFTs From Completely different Collections

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

SABC #2615, Shaq Offers Again #4077, and Grownup Fantasy Sub-Dude (130/151) are amongst Eminem’s different NFTs. The Shady Holdings tackle, in actuality, incorporates 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 occurred 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 occurred 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 undertaking on OpenSea by quantity along with his new EminApe. In accordance with CryptoSlam, the BAYC has bought 284,765 ETH ($977.6 million) in secondary transactions thus far, and the ground value 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 discuss present presenter Jimmy Fallon.

Bored Apes lately overtook CryptoPunks by way of flooring value, which is a big accomplishment for a undertaking that solely started in April 2021.

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