Eminem and Bored Ape Yacht Club (BAYC)

Ten thousand avatars

The Bored Ape Yacht Club is a collection of ten thousand avatars that people buy on the internet 3.0. These avatars act as tickets to a social club. This social club has made its way to fame and has become one of the most prominent brands in the NFT space. As of the time of writing, this space has generated sales above $1 billion. These avatars are usually unforgettable to look at and are highly sought after.

It’s more about showcasing wealth than art

After buying the avatar, the rapper changed his profile picture on Twitter. Critics have called this BAYC project cynical because it is more about showcasing wealth than art. This Bored Ape however is not the first piece of art bought by the celebrity. This purchase may appear normal like every other NFT purchase. However, what makes it unique is the fact that a non-member of the BAYC core group reached out to the celebrity to get the NFT and they rewarded him for it.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
BIT4YOU.io

BIT4YOU.io

181 Followers

bit4you is an european crypto exchange platform. We are facilitating the transition between crypto currencies and traditional currencies such as euro.