Justin Bieber has entered the Bored Ape Yacht Club chat.
Grammy award-winning artist Justin Bieber ventures further into the wonderful world of NFTs, becoming a member of the renowned Bored Ape Yacht Club and dropping some serious dough on one of their NFTs. How much, you ask? Nothing crazy, just $1.31 million.
Justin Bieber is now the proud owner of Bored Ape #3001, which he purchased for 500 ETH ($1.3 million).
Bieber joins a slew of other celebrity BAYC, or Bored Ape Yacht Club, members such as Serena Williams, Gunna, Travis Barker, and Stephen Curry to name a few.
https://www.instagram.com/p/CXmkZ12j4d3/
According to Bitcoin News, Bieber’s purchase is 300% higher than BAYC’s floor price, currently 106.9 ($279,162.31). NFT language aside, this all means that Bieber acquired the NFT for (a lot) more than what it was worth.
As for the NFT itself, there’s not much to it. Standing against a no-frill “New Punk Blue” background, the Bored App wears a stubby bored pout with teary eyes. His look? The ape’s attire consists of a single basic black t-shirt.
Details of the digital artwork prove to be not-so-rare, with most characteristics ranking over 5% in rarity.
Of course, the NFT purchase made by one of the most famous people generated buzz on social, including a few users claiming Bieber got essentially finessed.
Next time you think you’re down bad, just remember that .@justinbieber just bought a floor ape for 500 ETH.
— gmoney.eth (@gmoneyNFT) January 29, 2022
Justin Bieber really paid 5x the Bored Ape floor price for an ape with no rare traits
He just got finessed
— theweeknd.eth (@LilMoonLambo) January 29, 2022
Justin Bieber spent 400 eth more for a floor ape that HE liked. That’s more bullish than anything else could be.
He’s not looking for the flip he just likes the apes!
— cr0ss.eth (@cr0ssETH) January 29, 2022
I will have to agree with @cr0sseth on this one: It’s not our NFT. It’s Bieber’s.
With an estimated net worth of $285 million, Justin Bieber can do whatever he wants with his money, including purchasing from one of the most expensive and exclusive NFT collections.