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.

Never miss important NFT drops: Take a peek at our NFT Calendar!

Get the latest on trending NFTs, view upcoming NFT drops, NFT news at

The investment/financial opinions and content expressed by are not recommendations. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Please make sure to do your own research and investigation of NFT projects prior to making any kind of investment.

Nothing contained on our website constitutes a solicitation, recommendation, endorsement, or offer by NFT Echo News or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

- Advertisement -Newspaper WordPress Theme

Latest news

OpenSea Acquires, NFT Aggregator For Skilled Traders

OpenSea formally announced its decision to acquire NFT marketplace aggregator The powerful NFT aggregator was acquired for an undisclosed price. Devin Finzer, OpenSea...

Ink Master Jesse Smith Enters NFT Space

Jesse Smith, a tattoo artist from the hit television show, Ink Master, is stepping into the metaverse with his new NFT project. Smith's NFT...

Bored Ape Yacht Club Instagram Hacked, Millions Worth Of NFTs Stolen

Bored Ape Yacht Club’s (BAYC) official Instagram profile was hacked on April 25th, 2022. The hackers promoted a fraudulent phishing link to scam millions...

Deadfellaz Customized Snowboards And Skis Via Gilson Collab

Deadfellaz NFT has partnered with Gilson to create snowboards and skis customized to a holder's NFT. Holders of Deadfellaz, Deadfrenz, S1 Infected, and Betty...

Mastercard: Files 15 NFT & Metaverse Trademark Applications

Mastercard has filed 15 NFT (nonfungible token) and metaverse trademark applications with the United States Patent and Trademark Office (USPTO). The trademark filings include plans...

World Of Women Starmap: Past, Current & Future WoW Endeavors

World of Women (WoW) released their star map, a play-off of the classic NFT "Roadmap" concept but created, but in the image of a...


error: Content is protected !!