Madonna ‘Hellbent’ on Bored Ape Yacht Club NFT’s $1.3m purchase – now deemed ‘too expensive’

Madonna is upset about a certain rainbow-toothed monkey.

Bored Ape #3756 is currently listed on OpenSea for a stunning show 800.69ETH, about $1.27 million. The superstar told Variety she doesn’t care about that Bored Ape Yacht Club NFT, who has “trippy fur”, an “S&M” hat, a motorcycle jacket, and rainbow teeth.

“I was determined to get an Ape and was very specific about what I wanted: the Ape with a leather motorbike cap and multi-colored teeth,” Madonna said. “I was told that it was inspired by me, that it was inspired by me, and that it was bought by a woman who is a fan of mine. She was going to sell it to me, but it was far too expensive.

NFT are unique blockchain tokens that signify ownership of an asset – in this case, on a 2D image of a monkey, which comes with other membership benefits like merchandising, special access to Discord and access to events.

When asked if Ape #3756 or his features were inspired by the singer, the creators of BAYC Yuga Laboratories Told Decrypt via email that the monkeys “are not necessarily designed or modeled after anyone in particular”.

“The Yuga Labs team love it when people see themselves in some monkey. The S&M hat is one of the founders’ favorite features of the collection, they love all things punk rock. Madonna helped popularize this style, which the founders are fans of,” said a representative from Yuga Labs. Decrypt.

Madonna – whose net worth is $575 million and has raked in $1.2 billion during her prolific career, per Forbes estimates– ended up acquiring Bored Ape #4988 instead via MoonPay. The crypto-payments company handed over 180 ETH ($466,000) for the NFT in March and transferred them to Madonna’s wallet.

But #4988 isn’t a bad consolation prize. Like Ape #3756, Ape Madonna also has the black S&M hat and psychedelic fur. But according to Sniper rarity data is significantly less rare – the NFT she wants is ranked 123rd, while the one she has is ranked 3,754 of the 10,000 NFTs in the collection.

In NFT collections, rarity is determined by the number of times a certain trait appears on an asset. The less a trait appears in the entire collection, the rarer the NFT. Thus, a rarity score is a cumulative rating based on the respective rarity of each of the traits on a single asset compared to the rest of the collection.

And Madonna has set her sights on more than Bored Apes. The singer owns two NFT World of Women, acquired for around $13,000 each. She also hit an Otherdeed (the Yuga Labs NFTs that grant landholders in the next Other side metaverse game).

Madonna has also become an NFT creator herself, working with Beeple for a year to develop a series of very NSFW philosophical Ethereum NFTs called “Mother of Creation,” video renderings of a very nude Madonna in various sci-fi settings.

The three NFTs sold for 170.5 ETH, 66.55 ETH, and 72.05 ETH each in May, with proceeds going to charity.