Justin Bieber Buys NFT for $1.3 Million

Canadian pop star Justin Bieber paid $1.3 million for a single NFT belonging to his ‘Bored Ape Yacht Club’ collection. Many Twitter users reacted to this purchase of Bieber.

Besides cryptocurrencies NFT It wouldn’t be wrong to say that the craze continues all over the world. Many giant companies are making astronomical investments in NFTs (non-fungible tokens), which means the digital certification of assets on the internet by being processed into the blockchain.

As can be expected, many famous names are also included in the NFT trend. World famous Canadian pop star Justin bieber is just one of them. The 27-year-old artist already has several NFTs; In fact, one of Bieber’s profile photos on social media is an NFT from the inBetweens collection. Now it has been revealed that the famous singer has made a new NFT purchase.

Paid $1.3 million for a single NFT

According to the news, Bieber, who has reached billions of streams on music platforms, is from the popular NFT marketplace OpenSea.Bored Ape Yacht Clubwith a collection named ‘ NFT to 500 Ethereum (ETH), i.e. $1.3 million he bought.

This purchase of Bieber also caused reactions. Users on social media, the famous singer ‘being ripped off’stated that the NFT purchased is not rare enough to be worth $1.3 million and is five times more than its own price. The fact that NFT’s base price on the platform is much lower than the price Bieber bought was among the details supporting these reactions.

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The ‘Bored Ape Yacht Club’ collection, consisting of 10,000 different monkeys, is among the most popular collections in the world. These images, which find buyers for hundreds of thousands or even millions of dollars depending on their rarity, also attract the attention of many famous names. Before Bieber Eminem, Post Malone, Stephen Curry Many famous names from different fields like NFTs bought from this collection by paying exorbitant prices.


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