Eminem, the famous Detroit rapper, has joined the Bored Ape Yacht Club (BAYC).
The NFT, called "EminApe", depicts Eminem, in the guise of a Bored Ape, with a khaki military cap and a gold necklace, both worn frequently in real life by the popular American rapper. BAYC member GeeGazza sold the digital artwork for 123,45 ETH, equivalent to approximately US $ 450.000. In November 2021, GeeGazza tweeted: "I still think Eminem is bound to buy my @BoredApeYC someday."
Six, a digital agency that has previously worked with NFT industry celebrities including Wu-Tang Clan, Tycho and Galantis, was responsible for the transaction. It's not even Eminem's first foray into NFTs: under the name “Shady Holdings,” the musician now owns 15 NFTs on OpenSea.
In a tweet, BAYC member GeeGazza, who sold the NFT, thanked the songwriter for buying his work. “I'm living in a simulation,” he wrote, adding: “Madness. Let me write a text on your next single ”.
Slim Shady has 166 non-fungible token assets (NFTs) from 32 collections, according to statistics from dappradar.com. Having bought BAYC # 9055 for 123,45 ETH, the address currently owns 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 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 actually contains a series of ERC721 NFTs.
Eminem's NFT binge comes in the wake of his beat-inspired NFTs for Stans, which he released in April. The sale of Eminem's NFT took place on the Nifty Gateway NFT platform. Slim Shady and Paul Rosenberg have also joined a host of venture funds they have invested 30 million dollars in the NFT Makersplace market 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 minimum price is now at 60 ETH ($ 220.000).
The rapper has joined a host of other celebrities, including NBA player Stephen Curry and talk show host Jimmy Fallon.
Bored Apes recently surpassed CryptoPunks in terms of minimum price, which is a huge achievement for a project that only started in April 2021.
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