Crypto News
3 Jan 2022

What Do A Rapper & A Hotel Heiress Have In Common? Hint: NFT

Akumbenla Jamir

To answer that read the following headlines;

Paris Hilton Launches Own NFTs, Selling for Over $1.11 Million

Eminem Purchases Bored Ape Yacht Club #9055 for $452K

Now, these are headlines that you were not ready for. 

Paris Hilton 

Paris Hilton, the original influencer and heiress to the Hilton hotel chains, has collaborated with designer Blake Kathryn to launch her own collection of NFTs. They feature three unique pieces-

  1. Hummingbird in my metaverse
  2. Legend of love
  3. Iconic Crypto Queen

Both “Hummingbird in my metaverse” and “Legend of love” have sold out at $10,000 each. While the “Iconic crypto queen” current bidding sits at $1.11 million

The American media personality, socialite, businesswoman, model, singer, DJ, and actress is showing her inner business persona with her venture into the world of NFTs. In addition, Hilton’s new media company 11:11 Media has launched the island, Paris World, inside of Roblox. Paris World will include microtransactions, where fans can pay in exchange for virtual outfits or a ride on a jet-ski around the island.

Eminem aka The Real Slim Shady

Eminem buys Bored Ape Yacht Club NFT
Source: Bitcoin News

Meanwhile, Eminem, the real Slim Shady joined the community of bored apes by purchasing a Bored Ape Yacht Club (BAYC) for 123.45 Ether or $452K. The award-winning rapper shared the image on Twitter by using the BAYC #9055 as his social media bio picture.

Eminem also owns the NFTs SABC #2615, Shaq Gives Back #4077, and Adult Fantasy Sub-Dude (130/151). The Shady_Holdings address holds a myriad of ERC721 NFTs. Eminem latest purchase BAYC #9055 is from the NFT’s owner Geegazza.

According to dappradar.com metrics, Slim Shady owns about 284 NFT collectibles from 48 collections. 

NFT Adoption Continues To Grow

2021 really was the year NFTs came to age, the NFT market generated over $23 billion in 2021. And just a few days into 2022, the NFT market space only seems to grow. 

As celebrities, athletes, musicians, and artists continue to offer their own NFTs to fans, NFT adoption continues to rise. Christies and other auction houses have begun to accept the idea of auctioning digital art.

NFT bandwagon is expected to further accelerate in 2022. With questions like, who will be the next best NFT artist? Or will any NFT top the 2021 “Beeple – EVERYDAYS” sale? We can’t say what the future holds but one thing is for sure – as more and more NFT comes into existence only the unique and original will get a chance to stand out. Things are only going to get more exciting in the world of NFTs, so brace yourself. 

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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Akumbenla Jamir

Content Writer

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