Comic Kevin Hart Purchases Bored Ape Yacht Membership NFT For $200Ok

Actor and comic Kevin Hart bought a Bored Ape Yacht Club (BAYC) non-fungible token for $200,401.

With the acquisition, Hart joins the rising record of celebrities getting in on cryptocurrency and NFTs. The NFT Hart purchased options an ape sporting a vibrant multicolored hat topped with a pinwheel.

The BAYC is the most well-liked assortment of NFTs by quantity, and the NFTs artwork can embody greater than 170 distinctive traits, together with facial features, headwear, clothes, and even jewellery. Since launching in April 2021, the NFT assortment has had greater than $1 billion in gross sales turnover.

Celebrities and athletes who’ve bought a BAYC NFT embody comic Jimmy Fallon, musicians Put up Malone, Snoop Dogg, Timbaland, Future, Eminem, DJ Khaled, and athletes Shaquille O’Neal, Von Miller, Steph Curry, and Dez Bryant.

Whereas cryptocurrency skilled a growth throughout most of 2021, the worth of cryptocurrencies has fallen off a cliff over the past two months. In line with a Washington Put up report, costs for cryptocurrency, from relative stalwarts comparable to bitcoin and Ethereum to extra unique tokens, have cratered since reaching all-time highs in early November, wiping out an astonishing $1.35 trillion in worth globally, practically half of the full market.

The drop in worth has led to requires Washington regulators to impose stricter guidelines and rules for the trade.

“You’re going to get extra individuals calling their elected representatives, usually sad about crypto or feeling they had been wronged in a roundabout way,” Ian Katz, managing director of Capital Alpha Companions, a Washington coverage evaluation agency, informed the Post. “All regulators and members of Congress need to seem like alert behind the wheel, and if this seems to be a continued massacre, it will increase the impetus for motion.”

For Hart, the BAYC NFT buy is a turnaround from his first feedback on cryptocurrency when he known as it “voodoo cash.”

Whereas ranting about bitcoin being voodoo cash, Hart told Insecure actor Jay Ellis throughout a web-based fundraiser he hosted for the Muscular Dystrophy Affiliation in 2020, “I don’t take that voodoo cash, we don’t take the voodoo, OK, so in case you’re on the market making an attempt to present us the voodoo cash…” Hart was interrupted by somebody in his earpiece who set him straight. Hart then exclaimed, “What? We do take the voodoo?”