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Memphis Depay buys Bored Ape Yacht Club NFT for quarter million

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Memphis Depay is also now a member of the infamous Bored Ape Yacht Club (BYAC). The Dutch soccer star recently bought a non-fungible token, or NFT , from this collection of bored monkeys. The ex-PSV player made this known via Twitter on 1 February:

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BYAC is a collection of 10,000 ‘unique’ pictures of bored monkeys sold as NFT. Over the past year, these NFTs have become extremely popular. They are regularly sold for hundreds of thousands of dollars worth of ethereum (ETH) apiece, and the rarest copies sometimes sell for several million.

Lately, we’ve also been seeing a lot of celebrities venture into these bored monkeys. For example, just a month ago, Eminem bought a Bored Ape NFT for 123.45 ETH, then worth about $462,000.

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What did Depay pay for his NFT?
OpenSea, the world’s largest marketplace for NFTs, shows that Depay bought Bored Ape number 7921. He probably bought this NFT on January 24 for 110 ETH. It is striking that the ether price made a plunge towards $2,200 on January 24. That may mean that Depay bought his Bored Ape for somewhere between $240,000 and $265,000. This has not been confirmed by Depay.

It can also be seen on OpenSea that the NFT is again for sale. However, Bored Ape #7921 has only received 1 bid of 0.153 wrapped ether (WETH) worth $434 in recent days. It is revealed on OpenSea that Depay may also own a Bored Ape Kennel Club dog, two “Lil’ Heroes” and his own NFT called “Memphis.”

Recently, there has been a sharp increase in criticism of NFTs. Depay’s Twitter post is also full of people copying and pasting the picture of the bored monkey with the message “I own it too!” However, they cannot sell their version for a quarter of a million. Kanye West also recently announced that he is not too enthusiastic about NFTs.

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