Dogecoin (DOGE) Founder Slams Madonna.
Shibetoshi Nakamoto, the pseudonymous founder of popular meme coin Dogecoin (DOGE), has slammed popular American pop artist Madonna for claiming she bought a Bored Ape Yacht Club (BAYC) non-fungible token (NFT).
Commenting on a post made by Boardroom, a business and sports platform, the Dogecoin creator alleged that the so-called “Queen of Pop” did not purchase the BAYC NFT using her money; instead, the digital collectible was purchased by Moonpay and gifted to the artist.
“Moonpay purchased a Bored Ape for Madonna and Madonna pretended she bought it* FTFY,” Dogecoin founder said in a tweet.
Moonpay purchased a bored ape for madonna and Madonna pretended she bought it* FTFY
— Shibetoshi Nakamoto (@BillyM2k) March 25, 2022
Marketing Stunt
According to the outspoken cryptocurrency developer, the move was part of marketing efforts by Moonpay and the BAYC team.
While the BAYC team intends to make prospective investors believe that celebrities are also buying the digital collectible, Moonpay plans to use the development to lure more people into using the platform for NFT purchases, Shibetoshi suggested.
“[…] yay marketing,” the pseudonymous Dogecoin creator added.
this is all the celebrity bored ape purchases too
yay marketing
— Shibetoshi Nakamoto (@BillyM2k) March 25, 2022
Yesterday, BAYC investors were excited with the news that Madonna has ventured into the metaverse by purchasing Bored Ape #4988.
Details of the transaction revealed that she spent a whopping 180 Ethereum (ETH) worth $560,160 at press time.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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