Eminem Purchases Bored Ape Yacht Club NFT for $462K
The celebrated entertainer quickly made the dazed-looking ape, who is outfitted in a military-style cap and hip hop clothing, his Twitter profile picture.
Jan 1, 2022 at 10:47 a.m. UTCUpdated May 11, 2023 at 7:15 p.m. UTC
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XQQ2R2FWOBDFVJ4T67UPM7TUVU.jpeg)
/arc-photo-coindesk/arc2-prod/public/LXF2COBSKBCNHNRE3WTK2BZ7GE.png)
Award-winning rapper Eminem has joined the Bored Ape Yacht Club (BAYC), purchasing one of the non-fungible token (NFT) apes Thursday on the OpenSea platform for 123.45 ether, nearly $462,000.
- Eminem quickly made the ape, who wears a brown military-style hat, hip hop clothing and dazed expression, his Twitter profile picture.
- The Detroit native has acquired about 20 NFTs on OpenSea under the name Shady_Holdings. Eminem, whom Rolling Stone magazine named one of the 100 Greatest Artists of all time, won the 2002 Oscar for Best Original Song, and has garnered 15 Grammy music awards in a career dating to the 1980s.
- 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.” GeeGazza had been hoping for months that the entertainer would buy the ape.
00:56
What's Stopping Congress From Passing Crypto Regulation?
19:02
Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill
14:59
Why Bitcoin May Fall to $52K
02:15
JPMorgan Expects Bitcoin to Drop After Halving; New Zealand Starts Digital Cash Consultation
- Georgio Constantinou, artist manager of Web 3 digital agency Six tweeted that the firm had helped Eminem buy “the EminApe.”
- Eminem’s interest in NFTs is not his first brush with crypto. In 2018, bitcoin is mentioned on “Not Alike,” one of the tracks on his album “Kamikaze.”
- BAYC has been among the biggest sellers on OpenSea, helping to drive its most recent $10 billion valuation.
:format(webp)/s3.amazonaws.com/arc-authors/coindesk/fef307fe-e7ed-4f5a-badc-d7a5744bbd1e.png)
James Rubin was CoinDesk's U.S. news editor based on the West Coast.