The "I will never say never" Hitmaker Jumped On The Non-Fungible-Token Train. Justin Bieber Bought Bored Ape Yacht Club NFT On OpenSea for 500 Ethereum ($1.3 Million On 29th January 2022)
Here Is What Went down: Bored Ape Yacht Club #3001 purchased for 500 Ethereum (CRYPTO: ETH) on Saturday 29 January 2022, the equivalent of $1,311,170 based on the $2,622.34 price of ETH at that time.
The non-fungible token was snapped by an OpenSea account going by the handle 'JustinBieberNFTs', believed to be owned by Justin Bieber himself. The account is the owner of several inBetweeners NFTs including the one that is the profile picture of Justin Bieber on Twitter.
The OpenSea account owns whooping of over 100 NFTs, including recent purchases of well-known NFT projects such as Doodles, CloneX and World of Women. A World of Women NFT was snapped for 16 ETH Saturday 29 January 2022. The Doodles NFT was purchased for 13 ETH same day.
Whereas the CloneX NFTs were previously bought for 49.99 and 50 ETH respectively.
Bored Ape Yacht #3001 is not a rare Ape, which left many on Twitter questioning the large purchase price tag.
The Ape ranks as the #9777 rarest on Rarity Tools, with the following traits:
Punk Blue Background (12% of Apes)
Black T (3%)
Sad Eyes (6%)
Dark Brown Fur (4%)
Bored Unshaven Mouth (16%)
The 500 ETH purchase price was the seventh-highest amount of the cryptocurrency paid for a Bored Ape nft, according to OpenSea.
Why It’s Important: Justin Bieber becomes the latest celebrity to purchase a Bored Ape Yacht Club NFT. Prior to his nft buying spree, Bored Ape passed a floor price of between 100 ETH and 104 ETH around that time.
Justin Bieber has the second most Twitter followers with 114.2 million, trailing only former USA President Barack Obama (130.6 million). Bieber has an NFT as his profile picture of Twitter, and changing it to his recently purchased Bored Ape could increase the brand exposure for the already popular NFT collection.
In 2021, Bored Ape Yacht Club hosted an exclusive party for holders with appearances by popular artists and comedians.
As Bieber himself would say, “I will never say never.”
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