The Dappradar.com stats show that Eminem has 166 Eminem NFT products from 32 different collections. Marshall Mathers alias Eminem, an American rapper, composer, and one of the best-selling musicians of all time, has made yet another foray into the metaverse by purchasing another Non-Fungible Token (NFT).
Eminem, the rap star, is the latest to acquire a non-fungible token (NFT) worth $452,000 at a cost of 123.45 Ethereum (Rs 3.36 crore). Yuga Labs‘ BAYC NFTs are a well-known 10,000 distinct bored apes collection. Sales of this collection have exceeded $500 million according to dappradar.com.
Best Original Song Oscar and Golden Globe winner Eminem, the best-selling musician of all time, is the only rapper to have won both an Oscar and a Golden Globe for his work. Drake, who has won multiple Grammys and American Music Awards, has used the Ethereum ape as his Twitter profile photo and owns at least 15 non-fungible tokens (NFTs) on OpenSea, the most popular NFT marketplace, so far.
An NFT is a digital asset that uses blockchain technology to keep track of who owns digital items like images, videos, and in-game items, among other things. Only the buyer may claim to be the “official” owner of the object in the issue.
According to reports, Eminem has already amassed 15 Eminem NFTs on the most prominent NFT marketplace Like OpenSea, which he has used as his Twitter profile photo to promote the Ethereum-based monkey.
There is an Eminem NFT that bears the name “EminApe,” which depicts an Eminem lookalike with an army cap with a gold chain necklace on top. GeeGazza, a BAYC member who sold the digital artwork, subsequently announced on Twitter that the transaction had become a reality and called it “madness.”.
He’s been attempting to convince Eminem to purchase “EminApe” from him for a while. I still think Eminem is destined to acquire my Bored Ape one day, GeeGazza tweeted earlier this month. You don’t realize how long I have been seeing Eminem purchasing my ape.
For a BAYC NFT, the minimum purchase Eminem NFT price is 52 Ethereum, which works out to around $210,000. The dappradar.com stats show that Eminem has 166 Eminem NFT products from 32 different collections.
BAYC NFT is owned by celebrities such as NBA great Steph Curry, rapper Post Malone, and even Jimmy Fallon. BAYC stated on Twitter in October that it will introduce an Ethereum-based crypto-token in early 2022 as the company’s own. The minimum Eminem NFT price of a BAYC NFT is 52 Ethereum, or about $210,000.
Everything We Know About The Eminem NFT Transactions
The Most Recent Purchase of NFT By Eminem
On December 30, 2021, the rapper spent 123.45 Ether — about USD 450,000 — to make waves in the metaverse with a Bored Ape Yacht Club (BAYC) NFT. The account holder Shady Holdings purchased BAYC #9055 on OpenSea.
Geegazza, the owner of the NFT, couldn’t keep his enthusiasm in check on social media. When Slim Shady, better known by his stage name, announced that he had purchased a BAYC token on Twitter, the social networking site went into overdrive.
Six, a digital firm that has previously handled NFT deals for celebrities such as Wu-Tang Clan, Tycho, and Galantis, purchased the NFT.
The Rapper Owns a Number of Other NFTs.
NFTs spanning from Ditaggdogg#1 to Superlative Apes #3880 may be found on the account of the ‘Without Me’ vocalist. SABC #2615, Shaq #4077, and Adult Fantasy Sub-Dude (130/151) are just a few of the most sought-after NFTs on his account.
The Shady Holdings account has 16 NFTs at the time of this writing. Slim Shady has around 284 NFT Eminem collectibles from 48 collections, according to dappradar.com analytics, and it now holds 1.52 ETH or USD 3,798.4 as of January 3rd, 2022.
Since the beginning, Eminem has been using NFTs. As of April of the following year, he had debuted his own cartoon NFT line of Stans based on hip-hop beats. Nifty Gateway, an NFT marketplace, hosted the sale that boosted the NFT Eminem universe.
Once again in August, Eminem teamed up with Paul Rosenberg and invested about USD 30 million into the NFT platform named Makersplace via a series of venture funds.
What Does Bayc Stand for?
What exactly is Bored Ape Yacht Club? We’ve got the answer for you. It is one of the biggest digital collectibles marketplaces, with a collection of over 10,000 NFTs on the Ethereum blockchain.
As more and more individuals and celebrities join the bitcoin investment bandwagon, the notion is getting a lot of traction. Tokens purchased from the BAYC NFT will “serve as membership to the swamp club for apes,” according to the BAYC website.
Additionally, members-only features and privileges, such as the ‘Bathroom’, a collaborative graffiti board, will be made available to them.
After the CryptoPunks series, the Bored Ape Yacht Club (BAYC) Eminem NFTs collection is likely the most popular collection of non-fungible tokens on the market. In all, there are 10,000 different cartoon apes in BAYC, each with its own distinctive personality traits.
Many celebrities, including Shaquille O’Neal, Neymar Paris Hilton, Madonna, Kevin Hart, Gwyneth Paltrow, and Jimmy Fallon, have already purchased the Bored Ape NFTs as a result of their growing popularity. “From The D 2 The LBC” has Bored Ape artwork by Eminem and Snoop Dogg, two of BAYC’s most significant proprietors.
Eminem and Snoop Dogg premiered their song video during this year’s ApeFest, a meeting of BAYC and MAYC owners. As of this writing, “From The D to the LBC” has racked up more than 10 million views on Youtube.
BAYC #6,723 belongs to Snoop Dogg, whereas BAYC #9,055 belongs to Eminem. These animated NFTs were utilized in the song video to symbolize the two performers. According to industry data aggregator CryptoSlam, which is funded by billionaire entrepreneur Mark Cuban, BAYC has had an all-time sales total of $2.29 trillion and 6,596 owners.
At “Shady Con,” Eminem Will Debut Its First NFT Collection
At 6:30/7 p.m. ET on Sunday, April 25, Eminem will unleash his first NFT (Non-Fungible Token) release on the NFT Eminem marketplace Nifty Gateway. Eminem-approved NFT memorabilia will be included in the “Shady Con” drop.
Aside from that, Slim Shady composed all of the instrumental beats for this release exclusively for this release as well. As part of the limited-edition and unique Eminem NFTs, these tunes will be available for download.
Here’s an early glance at one of the products: a collection of NFT action figurines. But this is just the beginning of what’s in store for this weekend!
When the news was originally announced on Tuesday, Eminem re-tweeted a recent “Saturday Night Live” comedy in which Pete Davidson, in character as Eminem from the “Without Me” video, attempted to explain the meaning of an NFT.
Aside from comic books and baseball cards, “I’ve collected every rap record on tape I could get my hands on,” said Eminem when asked about his collecting habits when he was a child. “As an adult, not much has changed for me… Some of those collections I’ve tried to recreate, and I know I’m not the only one. “Oh, man, I have to have just that one or maybe even the full set!” was what I was going for with this Eminem NFT drop. From my personal interest in collecting, I’ve had a lot of fun coming up with concepts.
One chance for Stans, fans, NFT Eminem aficionados, and collectors to acquire a piece from this inaugural Eminem NFT drop is provided by “Shady Con.”
This Eminem NFT drop was inspired by Eminem’s lifelong fascination for collecting antique toys, comic books, and trading cards, which dates back to his days as “plain old Marshall” in his early youth.
This is a digital event, and it’s clear from the outset. While there are similarities to the usual “Con” meetings, this one is a little different in that it will be run by fans for fans.
On Nifty Gateway this weekend, you can rub shoulders with thousands of Stans and acquire a piece of the collectible, non-fungible action!
Nifty Gateway Senior Producer Ashley Ramos said, “We’re excited to welcome Eminem to our platform. Nifty Gateway’s marketplace for new artwork and music continues to expand in popularity, and we are thrilled to introduce this collaboration to our community.
Nifty Gateway’s mission is to make digital art more accessible to the general public and to provide artists and companies alike a voice in this historic time. niftiest have given digital art credibility and value via the development of individually identifiable and secure works of art on the blockchain. Using the company’s Nifty Marketplace, you can purchase, sell, and keep your NFT Eminem treasures in one spot.
Eminem NFT Collection of Shady Con
On April 25th, Eminem and the marketplace NIfty Gateway held a live stream event to introduce their NFT line. Eminem’s website refers to Shady Con as an Eminem NFT that was inspired by Eminem’s childhood hobby of collecting antique toys, comic books, and trading cards. At least one NFT collectible has been authorized by Eminem himself, according to the collection’s official website.
“Slim Shady personally developed several fresh instrumental beats” for this release, as well. Shady Con was billed as a true digital festival, comparable to others like Gamecon, E3, and Comic-Con, except that it would take place entirely online.
Eminem fans will be pleased to learn that it included three distinct souvenirs for them to peruse. “Tools of The Trade” and “Still D.G.A.F.” were the names of two Eminem NFT compilations released by the rapper. The third copy was named “STAN’S REVENGE” since it was the last NFT single edition copy.
For the first two Eminem NFTs, the Eminem NFT price was set at $5,000 each piece. A man going by the moniker D.O.M is the brains behind all of these non-traditional takes on the classics.
An auction was held to sell the last Eminem NFT, with a starting offer of $100,000. An original Eminem track, Shady XV Air Jordan Carhartt 4s, SSLP20 Film Strip autographed by rapper, and signed vinyl of “Infinite” were the last items featured in the auction.
Do You Think the Eminem NFT Was a Success?
The rapper’s series of Eminem NFTs did well enough that we may presume they exceeded his expectations in certain respects. Eminem sold his first collection of NFTs for $1.78 million, according to reports.
There were a number of high-profile customers for these NFTs. Tom MacDonald, a Canadian rapper, won the Eminem NFT for $100,000. Rappers 50 Cent, DJ Premier, and Fredwreck were among those who purchased the album.
Eminem’s Tools of the Trade will come with a physical print of the artwork that has been manually signed by the rapper and numbered for each edition of 50 Cent’s collection, much like DJ Premier did with his Marshall Mathers figure.
After the debut, the open edition collection was accessible for around 15 minutes. Eminem NFTs for Eminem action figures, 940 Slim Shady dolls, and 753 Marshall Mathers figurines were all made in this short time, according to the stats.
Eminem’s NFT Journey Has a Future, But What is it?
In spite of his lack of official announcements, Eminem is still quite active in the world of NFTs. Eminem’s NFT memorabilia have already been sold, but he’s also invested in an NFT company in the process.
MakersPlace, a startup marketplace for NFTs, has him as a member of its team of developers. Sony Music Entertainment, Coinbase Ventures, and other investors contributed $30 million to the San Francisco startup’s Series A fundraising round.
However, rumors abound that Eminem will make his new Eminem’s NFT available via this platform, although no official word has been given on this.
Conclusion
Eminem, a 15-time Grammy Award winner, has entered the NFT market. In comparison to other painters, his initial Eminem NFT Collection auction brought in just $1.78 million.
That Eminem is actively working on NFT-based enterprises is evidence that the rapper is aiming to be an active member of the community and use tokenized collectibles as a method of engaging with his followers.
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This article is educational material.
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