Eminem’s First NFT Investment: Hundreds of Thousand Dollars

A new addition to the roster of celebrities investing in NFTs is the renowned rapper Eminem, who recently acquired his first NFT valued at thousands of dollars.

NFTs, gaining increasing popularity day by day, serve as certifications for data such as photos, videos, and tweets, stored as digital assets through blockchain technology. In our recent content, we highlighted research findings challenging the notion that NFTs democratize art and the digital realm, indicating the contrary.

Characterized as a current indicator, NFTs have remained a prominent topic in recent years, particularly in recent months, and their influence on the democratization of the world has been questioned.

Eminem invested in NFT

It’s worth sharing the details of the Bored Ape NFT that Eminem acquired. The specific Bored Ape in question features a depiction of a rap artist with attire and a stance that closely resembles Eminem. The first owner of the NFT, GeeGazza, tweeted on November 2 that it was destined for Eminem to acquire this particular NFT.

Following the sale in late December, GeeGazza expressed gratitude to Eminem with a humorous statement, saying, “I live in a simulation.”

The owner of the NFT wasn’t the only one to comment on the Bored Ape sale. Another user named Georgio, a supporter of NFT and Web3 technologies, disclosed that he, along with Jesse Grushcak and the Web 3 agency Six, supported Eminem during the sales process. Georgio even referred to the NFT as “EminApe.”

As technology continues to advance, agencies focused on web3 and crypto are reinforcing their presence. According to the description on Six’s website, the agency aims to create web3 opportunities for all artists.

NFT artifacts that Eminem bought

Examining Eminem’s OpenSea profile named “Shady_Holdings,” we observe that the artist has acquired 20 NFTs thus far. The profile showcases Marshall’s self-inspired work from Canna Comics, as well as Official Construction Punks’ Construction Punk #305 NFT, bearing a resemblance to a rap artist.

Additionally, Eminem possesses 3 NFTs from Lil Baby Doodles X. It piques curiosity to see what Eminem’s next steps will be as an NFT collector.

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