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Home > Gear > Tech > Justin Bieber purchases a Bored Ape Yacht Club NFT for 1.3 million dollars
Justin Bieber purchases a Bored Ape Yacht Club NFT for 1.3 million dollars

The latest celebrity to own a Bored Ape Yacht Club non-fungible token (NFT), one of the most famous digital artwork projects, is none other than the world-famous singer Justin Bieber. The Peaches hitmaker bought a Bored Ape NFT worth 500 ETH or US$ 1.3 million (Rs 9,74,51,120) on 29 January 2022.

Justin Bieber’s new NFT

The Grammy-award winning singer bought the Bored Ape #3001 and joined the likes of Serena Williams, Eminem, DJ Khaled, YouTuber Logan Paul and late-night talk show host Jimmy Fallon who also own BAYC NFTs.

The Baby singer’s NFT features a blue background and a teary-eyed Ape sporting stubble while making a pout that looks like a crying face. Another thing to note here is that the Ape is only wearing a basic dark grey-black T-shirt.

Justin Bieber Bored Ape NFT
Credit: Screenshot from opensea.io

Was the NFT worth the price?

According to various reports, digital artwork is not so rare, implying that Justin Bieber paid way more than the regular market price for an NFT that ranks over 5 percent in rarity. Bitcoin.com also mentioned that the floor price of the NFT that the singer acquired was 104 ETH, however, Justin ended up paying 500 ETH.

 

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A post shared by Justin Bieber (@justinbieber)

This is not the singer’s first venture into the digital marketplace. Bieber has quite a few NFTs and he also owns a few fractions of Dodge NFT.

What is Bieber up to?

Justin Bieber released his last album, Justice, in March 2021 and the album bagged the number one spot on the Billboard 200 chart making it the singer’s eighth album to achieve the same spot. At the age of 27, he became the youngest solo musician to get his eight albums on the top spot, breaking a record that was previously held by the legendary Elvis Presley.

Hero and Feature Image: Courtesy rorykramer/justinbieber/Instagram

Justin Bieber purchases a Bored Ape Yacht Club NFT for 1.3 million dollars

Nishtha Grover

Senior Editor, Growth

A travel fanatic who loves exploring new dishes and cultures only to later write about them. Nishtha has previously worked with The Hindustan Times and India Today as a Lifestyle Journalist. You will either find her reading, trying new skincare products or sleeping during her spare time.

 

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