Celebrity NFTs: Neymar, Eminem, Madonna, and Logan Paul Lose Millions

NFT

The soccer star is currently nursing a loss of approximately $700k after purchasing NFT and then watching them bottom out.

In January of this year, Neymar entered the world of non-fungible tokens (NFTs). At the time, the Paris Saint-Germain star shelled out about $1m to buy two NFTs from the Bored Ape Yacht Club (BAYC) collection. At the time, he proudly put one of his apes as a profile picture on his Twitter account.

Neymar’s two Bored Apes are currently worth less than $350,000. Neymar’s other ape sits in his wallet, called EneJayVault.

Neymar is not the only celeb who has had significant losses regarding NFTs. Eminem is considered one of the greatest rappers of all time and suffered financial damage from his NFT purchases. In January, he bought the Bored Ape 9055 for 123.45 ETH, about $462,000.

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