Gunna is the latest rapper to tap into NFTs with his recent Bored Ape Yacht Club purchase.
The Atlanta native revealed on Instagram that he purchased the NFT through the MoonPay cryptocurrency platform for $300K.
“I Bought A @boredapeyachtclub NFT worth 300K No Cap!” Gunna wrote on IG. “His Name is BUTTA Thanks @moonpay!”
Named Butta, Gunna’s Bored Ape is outfitted in turquoise sunglasses and an ammo belt, with a green kazoo in his mouth. At the end of the video, Gunna celebrates by getting his new NFT tattooed on his calf. Elsewhere, we see the rapper performing right before receiving his NFT and getting inked.
Plenty of celebrities and well-known entities are stepping into the NFT space, including Adidas, which unveiled its own Bored Ape avatar earlier this month. The company’s rendition is wearing a yellow tracksuit, matching bucket hat, and heart-shaped sunglasses. Adidas purchased it for $156,000 in September for 46 ETH. In addition to buying the NFT, Adidas is collaborating with the coveted Bored Ape Yacht Club.
“Us becoming a part of the Bored Ape Yacht club with Indigo Herz was more about symbolizing us stepping in to join what’s already happening as opposed to just tossing something into the metaverse from the outside,” Tareq Nazlawy, senior director of digital growth at Adidas, told Complex.