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Eminem Releases Beat-Inspired NFTs In Partnership With Gemini’s Nifty Gateway

Anifowoshe Ibrahim
by Anifowoshe Ibrahim
4 years ago
·
Posted in News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

It appears that the NFT gold rush is still in play as Hip Hop legend, Marshall Mathers, popularly known as Eminem has jumped on the NFT bus.

On Sunday, April 25, Eminem announced a partnership with NFT marketplace, Nifty Gateway for ShadyCon. ShadyCon will offer up original instrumental beats produced by Slim Shady himself and a pair of action figures.

“I’ve been collecting since I was a kid, everything from comic books to baseball cards to toys, as well as every rap album on cassette I could get my hands on,”  Eminem said in a statement.

“Not much has changed for me as an adult. I’ve attempted to re-create some of those collections from that time in my life and I know I’m not alone. 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,” he added.

The multi-platinum recording artist and often considered “one of the greatest rappers of all time,” has sold approximately 130 million records globally and 389 million singles during his career.

The sale is taking place on the Nifty Gateway platform, and is made up of 50 editions of “TOOLS OF THE TRADE” and “STILL D.G.A.F.” at a price of $5,000, both of which were sold out almost instantly. The last NFT is a limited edition single copy called “STAN’S REVENGE,” which is currently being auctioned.

The tracks will be made available only as part of the limited-edition and one-of-a-kind NFTs. Bidding on “STANS’ REVENGE” by Eminem is currently set at $41,600 with ten hours remaining. Check it out below.

Related article | Soccer Legend Pelé’s NFT to Go Live on Ethernity Chain

Ashley Ramos, Senior Producer at Nifty Gateway commented on the addition of the Eminem NFTs to the platform:

“We’re thrilled to welcome Eminem to our platform, demand for NFTs continues to grow and we’re excited to bring this collaboration to our community and give them access to new artwork and music on Nifty Gateway’s marketplace.”

Eminem Isn’t The First

A number of popular projects and celebrities have minted non-fungible token collectibles in recent times. Celebrities like actress Lindsay Lohan, Kansas City Chiefs quarterback Patrick Mahomes, the Tampa Bay Buccaneers Rob “Gronk” Gronkowski’s NFTs, soccer legend Pele, Tom Brady’s Autograph project, Topps Garbage Pail Kids and Baseball cards, Annoying Orange NFTs, and NFT collectibles by Kenyan filmmaker Rich Allela.

ETH/USD pair trading close to $2,500. Source: ETH/USD on Tradingview.com

Eminem recently saw his “Without Me” video spoofed on Saturday Night Live by Pete Davidson and Jack Harlow for an explanation as to what non-fungible tokens are and how people can get their hands on them. The video not only got Eminem’s stamp of approval, but he also decided to utilize it to help announce ShadyCon.

https://twitter.com/Eminem/status/1386154230474592262

Eminem becomes one of many who have already entered the NFT space. With legendary rapper Snoop Dogg having already released his very own NFT series titled “A Journey With The Dogg”. Another notable NFT rapper is Soulja Boy, who sold his tweets as NFTs over a month back already.

Related article | Controversial Rapper Punishes Elon Musk For Pumping DogeCoin In NFT Art

Featured image from Billboard, Charts from Tradingview.com
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