Gwyneth Paltrow Aquires Bored Ape Yacht Club NFT

Gwyneth Paltrow made headlines after purchasing a Bred Ape Yacht Club NFT. purchase of an NFT. The American actress and director Paltrow thanked Moonpay’s concierge service for the facilitation of her BAYC. Moonpay purchased Bored Ape #6141 on November 15th, 2022 for 50 Eth and transferred the Ape to Paltrow.

Joined @BoredApeYC ready for the reveal? Thanks @moonpay concierge”

Moonpay discovered a way in which to allow NFT collectors to keep on buying without having to invest in cryptocurrencies before. The new Moonpay’s system reduces costs, quickens the verification process, and gives tokens straight away to on-chain wallet addresses. This process makes things easier for NFT collectors, in addition to opening up the market to a total new demographic, credit and cash card users.

The BAYC is not Paltrow’s first experience with cryptocurrency. In recent months, per Gwenyth’s Twitter feed, the actress teamed up with Cash App to give away Bitcoin during the holiday season.

Paltrow is just the latest in a growing list of celebrities to join the BAYC with the help of Moonpay. Paltrow joins Paris Hilton, Lil Baby, and Jimmy Fallon, among others who have all been onboarded by the popular crypto payment company.


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