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Slim Shady buys Bored Ape ‘EminApe’ NFT for $460K

Marshall Mathers III, higher often known as Eminem, joined the “Bored Ape Yacht Membership” (BAYC) by buying one of many nonfungible token (NFT) Bored Apes for $462,000 on OpenSea’s NFT market. Eminem’s Bored Ape depicts a gold chain necklace and khaki military cap that he wears in actual life and has been formally added to his portfolio by OpenSea.

The NFT nicknamed the “EminApe” was created by GeeGazza in collaboration with Bored Ape. The transaction was accomplished by digital company Six, which has beforehand labored with different celebrities within the NFT sector, together with Wu-Tang Clan, Tycho and Galantis.

This isn’t the primary time that Eminem has invested in NFTs. The Missouri-born rapper at the moment owns a number of OpenSea NFTs with the deal with “Shady Holdings.” Eminem’s portfolio additionally includes numerous “Lil Child Doodles X” NFTs, with “Ditaggdogg#1,” the rapper’s stencil paintings, and “Superlative Apes #3880” being one in all them.

Associated: NFT music platforms to disrupt Spotify in 2022, Saxo Financial institution predicts

The “Bored Ape Yacht Membership” NFTs rose to recognition in 2021, producing greater than $1 billion in commerce quantity worldwide, in keeping with Defi Llama.

The NFT market positive factors floor every single day, and several other folks, together with athletes, are becoming a member of in. A variety of celebrities have expressed curiosity in NFTs and revealed their very own initiatives already. A$AP Rocky, Snoop Dogg, Kings of Leon and The White Stripes are among the many musicians who’ve embraced the NFT motion.

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