Post Malone features BAYC NFT in The Weeknd’s new music video

Rapper Post Malone is the most recent celebrity who entered the non-fungible token (NFT) by promoting a major NFT project and a cryptocurrency company.

In his latest collaboration with The Weeknd, the music video of “One Right Now”,” Ma Long bought an NFT from Bored Ape Yacht Club (BAYC), which is one of the largest NFT collections in the world, with 10,000 unique digital collections living on the Ethereum blockchain.

In the video, Ma Long purchased NFT through MoonPay, a fintech startup focusing on providing cryptocurrency payment infrastructure.According to reports, the company plans to Valuation reaches US$3.4 billion After the first round of venture capital in history.

The music video was released on Monday and has since been viewed more than 5 million times.

In addition to the music video, Ma Long also bought two boring apes for 160 ether (Ethereum) (US$682,000) in MoonPay’s TikTok video.

One of the videos reflect Purchased BAYC NFT #9039 for 85 ETH (362,000 USD) and has received more than 90,000 views at the time of writing.another include NFT from the actual “One Right Now” The music video, BAYC NFT #961, was purchased for 75 ETH (320,000 USD).

Ma Long didn’t spend money on NFT, obviously he made some money to promote the NFT series.Address, where have The two Bored Apes NFTs on the OpenSea NFT market previously received 175 ETH from MoonPay in two separate transactions. The money was immediately used to purchase BAYC NFT on OpenSea, giving Ma Long an additional 15 ETH ($64,000).

Source: Etherscan

Malone’s address has been verified on Etherscan, and then continue to buy on OpenSea, adding more ETH from Coinbase last week.

related: OpenSea transaction volume surged, collectors flocked to Bored Ape Yacht Club NFT

Established Launched by Yuga Labs in April 2021, Bored Ape Yacht Club is one of the most successful NFT projects. It is reported that it has accumulated more than $1 billion in transactions since its establishment. At the time of writing, BAYC is the world’s third largest NFT series after Mutant Ape Yacht Club and Axie Infinity. At the time of writing, BAYC’s daily trading volume exceeds $12.6 million. data From CryptoSlam.

BAYC has recently become more and more popular in the music industry, and its projects include digital meta festival bands Kingship plans to use four NFTs for execution From this series, draw inspiration from the popular cartoon band Gorillaz.