Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 3...
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001 Justin Bieber spent 500 ethereum worth $1.29 million at the time of settlement on a Bored Ape Yacht Club (BAYC) NFT, according to a sale stemming from the NFT marketplace Opensea. Bieber is a well known pop star with his popular seven-track EP “My World.” The 2009....
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While Bored Ape Yacht Club appears to be unfazed for several months now in the face of the crypto crash, the month of May tells a different storyline. Bored Ape Yacht Club, a blue-chip NFT, appeared to have dipped in value, as evidenced in May when NFTs dropped in average sales price. May has been a challenging month for NFTs and crypto alike. BAYC has managed to end it with a sour trading price of $152,658. Suggested Reading | Cardano TVL Sheds $205 Million Since Hitting All-Time High BAYC Average Sales, Value Down 60% Although BAYC sales are comparably higher than other NFTs like....
NBA star Stephen Curry snapped up a Bored Ape Yacht Club NFT worth $206,000, while Vine co-founder Dom Hofmann unintentionally created an NFT craze. Three time NBA champion Stephen Curry has snapped up a Bored Ape Yacht Club nonfungible token (NFT) for 55 Ether worth around $206,000 at the time of publication. The Golden State Warriors star purchased an NFT depicting an ape with blue fur wearing a plaid suit on Aug. 28. Curry’s wallet on OpenSea shows a collection of 20 NFTs, including a 5.69 ETH ($21,000) purchase of Bored Ape Kennel Club NFT on Aug. 28. To the surprise of other....
A Polygon executive highlighted that NFT games have an advantage over traditional "money in, no money out" gaming business models. In this week’s newsletter, read about how Justin Bieber, along with other celebrities, was called out to disclose their connections to nonfungible token (NFT) firms. Check out the market performance of blue chip NFTs and how NFT games have an advantage over traditional gaming business models. In other news, learn about how OpenSea is implementing new ways to combat NFT theft. And check out how experts feel about carbon offset NFTs that aim to help the....
Garnering interest from one of Silicon Valley's top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a $5 billion valuation. Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high as $5 billion.Sources for the Financial Times revealed that Yuga Labs is seeking funding for a multi-million dollar piece of the company. If a deal is secured, it would mark the first institutional investment Yuga Labs has accepted as its popular nonfungible token (NFT) collection has become one of....
More and more celebrities are joining in on buying and creating NFTs. But where can you actually buy a celebrity NFT? And what does it achieve? During your morning social media scroll, you may have noticed, among all the selfies and vacation photos, the messages from celebrities endorsing NFTs. NFTs are assets on the blockchain that are unique thanks to their identifying information recorded in smart contracts. Creators may tokenize anything from music and photographs to videos or illustrations using NFTs. Most of the discord surrounding NFTs goes down on Twitter since the platform....