Madonna just crossed the “border” to the BAYC.
On March 24, singer-songwriter Madonna revealed on Instagram that she has purchased Bored Ape #4988.
Madonna told her 17.8 million Instagram followers that she “finally stepped into the metaverse” with her BAYC purchase. She also asked for suggestions on the name Bored Ape #4988. Finally, Madonna thanked the fiat-to-crypto platform MoonPay for helping this valuable NFT.
According to The Bored Ape Gazette, MoonPay purchased Bored Ape #4988 on behalf of Madonna on March 14 for 180 ETH. At the time of sale, Bored Ape #4988 cost about $464,400. MoonPay transferred this DMT fur Bored Ape to Madonna’s OpenSea wallet on March 23.
It has been rumored for some time that Madonna was getting ready to join the Bored Ape Yacht Club. On January 3, BAYC member Lindsey Byrnes tweeted the image of Bored Ape #3756, suggesting it would be a perfect fit for Madonna’s Web3 avatar. Fourteen days later, Madonna wrote back that she liked Byrnes’ choice and asked how she should proceed.
Interestingly, Madonna’s manager Guy Oseary has officially announced that he is representing Bored Ape Yacht Club founder Yuga Labs. In addition to the BAYC, Oseary has partnered with other prominent NFT collections such as the World of Women (WoW).
Speaking of WoW, Madonna recently appeared as a WoW-esque avatar on Billboard’s NFT series “Women in Music”. Auctioned on the cryptocurrency exchange FTX US, this series featured three one-to-one NFTs designed by WoW’s lead artist Yam Karkai. The other two Billboard NFTs featured images of Christina Aguilera and Mariah Carey.
Madonna isn’t the first celebrity to use MoonPay’s service to add a Bored Ape to her portfolio. Rappers like Snoop Dogg and Lil Baby bought their BAYC NFTs with the help of MoonPay. There are even rumors that Tesla CEO Elon Musk used MoonPay to buy the gold-colored Bored Ape #1837 for $1.5 million.
How does Madonna’s Bored Ape #4988 score on Rarity Sniper?
Within the 10,000 NFTs in the Bored Ape Yacht Club, Bored Ape #4988 is relatively rare. Rarity Sniper gives Madonna’s new NFT a respectable rank of 3794 and a rarity score of 1408.77.
The defining feature of Bored Ape #4988 is undoubtedly the DMT fur, which is found in 2.15 percent of the entire BAYC collection. While DMT fur is a distinguishing feature, it is not the rarest aspect of Bored Ape #4988. Bored Ape #4988 Black Sleeveless T-Shirt only appears in 144 other Bored Ape NFTs.
A few features that bring down Bored Ape #4988’s score are the orange background, lack of earrings, and total number of traits. More than 50 percent of Bored Ape NFTs have six properties, including Bored Ape #4988.
Even though Bored Ape #4988 isn’t the “rarest” in the BAYC, any Bored Ape NFT is highly desirable these days. The BAYC is still the most traded collection on OpenSea and the bottom price remains above $300,000.