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.
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.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.