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NFTs May Have Become Society’s Newest Status Symbols

NFTs May Have Become Society’s Newest Status Symbols #NFTs #Societys #Newest #Status #Symbols Welcome to TmZ Blog, here is the new story we have for you today:

Reading Time: 7 minutesOn January 1, 2022, American rapper Eminem bought a Bored Apes Yacht Club (BAYC) NFT for $462,000. A month later Canadian pop star Justin Beiber would buy another BAYC NFT—this time for $1.3 million.

Since then, more celebrities have snapped up more NFTs for eye-popping prices. The long list includes rappers (Jay-Z, Snoop Dogg), sports stars (Steph Curry, Kevin Rose), and even brands (Visa, Budweiser).

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