Multiple Grammy-winning Marshall Bruce Mathers, better known as Eminem, has joined Bored Ape Yachting Club (BAYC) after purchasing one NFTs For 123.45 ETH ($452,000).
Buy Eminem BAYC NFT for $452,000
The purchase became public after Eminem used his blond monkey avatar personal picture on Twitter. Fellow BAYC member GeeGazza sold NFT to Eminem and tweeted his happiness at making it happen, describing the experience as one of living in a simulation. However, the legendary rapper himself did not make any public statement on this issue.
I live in a simulator.
thank you Tweet embed To buy my monkeys and join the club!
mad. Let me write a lyric for your next song 🤣 pic.twitter.com/myGNRmMLeD
– GeeGazza (Gee__Gazza) December 31, 2021
The sale was facilitated by Six Digital Agency. The agency tweeted that it helped the rapper secure NFT, named “Eminape” due to the similarity between the avatar and Eminem himself. The agency has also assisted other creators, including Wu-Tang Clan, Tycho, and Galantis, with other digital projects.
With the purchase, Eminem officially became a member of one of the world’s most elite NFT projects. As it turns out, this isn’t the rapper’s first foray into the NFT. Eminem is an avid collector of no less than 15 NFTs with his name Shady Holdings on OpenSea.
Celebrities in the NFT space
Eminem isn’t the first celebrity to become a member of BAYC, as stars like Steve Curry and talk show host Jimmy Fallon own BAYC NFT. Thus, it is no surprise that BAYC has grown to become the No. 2 NFT project on OpenSea in terms of turnover accounting for approximately 6.3% of the entire OpenSea volume.
Although recently launched in 2021, BAYC has surpassed one of the leading NFT projects, Crypto Punk, in the lowest price.
Other celebrities in the hip-hop scene have also jumped on the NFT train, with RnB singer Jason Derulo announcing that he bought Cryptopunk NFT last year. Snoop Dogg also revealed himself as Cozumo de Medici, a famous crypto personality and NFT whale with a total worth of over $17 million.
According to the available data, the encryption niche’s trading volume was over $13 billion in 2021 while the figure was just $33 million in 2020 – an indication of the level of progress the space has seen over the past year.