- Popular American rapper to launch own NFT.
- More celebrities are getting into the NFT market.
Eminem, an iconic rapper and an Oscar award winner, joins the increasing list of celebrities, musicians and athletes who have launched their own NFTs. The celebrity got inspired to float his own NFT because of the recent Saturday Night Live (SNL) skit on NFTs that piqued the rapper’s interest in the NFT concept.
The skit had Pete Davidson, a rapper and member of the SNL, explaining what NFTs are with Eminem’s music tune “Without Me”.
Breaking down Eminem’s NFTs
The rapper’s NFTs are divided into three types. All types contain high-quality animations alongside an original beat produced by the Oscar winner himself. The first two types are 50 editions titled “TOOLS OF THE TRADE” and “STILL DGAF” and sold at $500. The first set of buyers would get a physical print, numbered by hand and autographed by the rapper.
The third NFT type is “STAN’S REVENGE,” which has only one edition and would be sold to the highest bidder. Details behind who animated it, however, is unclear. Eminem said in a statement, “I wanted to give this drop the same vibe of, ‘Oh, man, I gotta get just that one or maybe even the whole set!’ It’s been a lot of fun coming up with ideas from my own collecting passion.”
Ashley Ramos, Senior Producer at Nifty Gateway, also expressed excitement about the project and welcomed the rapper to the platform.
Rappers enjoying NFT success
Although the NFT space is still growing, Eminem is the latest to enter the space.
Snoop Dogg had already joined the frenzy a while ago, releasing his own NFT titled “A Journey With The Dogg.” Soulja Boy, another rapper, also sold his first Tweet as NFT about a month ago.
The NFT market continues to grow, and Eminem’s latest NFT offering is guaranteed to sell for a significant sum. Weezer, A$AP Rocky, Boy George, Lil Pump are some other celebrities to have also previously launched their own NFT.