The constantly decreasing interest in NFT and the plunge in trading volumes have strongly affected the football player Neymar Jr. and Detroit legend Eminem in terms of their digital art purchases.
At the beginning of the year 2022, the Brazilian superstar purchased two digital collectibles as a part of the Bored Ape Yacht Club for more than $1 million, and the current valuation of the art is approximately $340,000. Eminem’s paper losses as of the moment are around $330,000.
Back in January this year, Eminem purchased Bored Ape 9055 for 123,45 ETH or $462,00 at the time. As of the moment, though, the estimated valuation of his collectible has dropped to around $140,000.
Moreover, Slim Shady even teamed up with another NFT collector – legendary Snoop Dogg – to create a BAYC-themed song, “From The D 2 The LBC,” from Curtain Call 2 compilation album. The two even dropped music video directed by James Larese. The animated video shows Em and Snoop imagined as NFT-esque avatars in a comic book.
On the day of the single’s release, Snoop Dogg and Eminem performed the song live at ApeFest 2022, a festival held in New York for Bored Ape NFT holders. In summer they also performed the song live at the 2022 MTV Video Music Awards in Newark, New Jersey.
After all the promotion, the NFTs world still seems to be struggling.