• Two more bored apes have joined Post Malone’s NFT portfolio

  • Post Malone, a well-known rapper, recently purchased two Bored Ape NFTs for more than $700,000. The star’s NFT journey with the Bored Ape Yacht Club began in grand style. Taking it a step further, he included a MoonPay advertisement in his music video. For those who are unfamiliar, Moonpay is a cryptocurrency exchange service that has recently launched their own NFT marketplace.

    Post Malone uses an NFT Marketplace to purchase a Bored Ape in the “One Right Now” music video with The Weeknd. MoonPay is the NFT marketplace he supports.

    A corresponding TikTok video from Moonpay appears to show the rapper purchasing live. He spent a total of 160 ETH (approximately $735k at the time of writing) on two prominent Bored Apes (#961 and #9039).

    Controversy Over MoonPay and Post Malone

    In fact, BAYC is one of the most widely used NFTs in the entire NFT market. The 10k generative collection currently has a floor price of 52.4 ETH. They are increasingly becoming the most sought-after collectibles.

    Despite their already stellar reputation, the Bored Ape Yacht Club is likely overjoyed that Post Malone has joined a long list of celebrities who have endorsed the club. However, not everyone is happy. Specifically, there is proof that Moonpay paid Post Malone 175 ETH for the sponsorship.

    Essentially, the rapper did not pay for it with his own money. Moonpay most likely paid for Post Malone’s NFT. As an example, consider the wallet that currently holds the two NFTs. You’ll see transactions from Moonpay to Post if you look it up in etherscan.

    According to reports, a total of 175 ETH was transferred in two transactions from Moonpay on 2021-10-29 at 8:54 and another two days later at 10:24.

    Crypto Tards, Chromie Squiggle, Divine Anarchy, and many more are now included in Post Malone’s NFT collection. He has 57 NFTs in total so far. Whether you like how he got it (or not), Post Malone is clearly immersed in the NFT scene. Despite his impressive collection, we’ve seen the likes of other great rappers on the scene. With Snoop Dogg and Ja Rule already contributing to NFT projects, Post Malone is unlikely to be the last.

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