Madonna Jumps Into NFTs With $570,000 Bored Ape InvestmentThe `Queen of Pop’ is the latest celebrity to invest in the Bored Ape collection
The “Queen of Pop” announced on Instagram and Twitter late Thursday that she had acquired an NFT from the popular Bored Ape Yacht Club collection worth more than half-a-million dollars
Madonna is the latest celebrity to publicly endorse digital apes, following high profile purchases by stars like Justin Beiber, Paris Hilton and Eminem
I finally entered the metaverse,” Madonna wrote on her post. “My very own Ape! What should I name her?
Bored Ape Yacht Club is a non-fungible token collection built on the Ethereum blockchain featuring profiles of cartoon primates
OpenSea transactions show that Madonna used crypto-payment company Moonpay to complete the purchase. Moonpay bought Ape #4988 earlier this month for 180 Ether (now worth about $570,000)
The NFT was transferred to another wallet two days ago, before Madonna posted it on her Instagram account
Madonna is pondering a BAYC purchase have been flying around since at least January. Finally she made the purchase