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    Home » News » This guy sold his lamborghini for an NFT, saying BAYC keeps its value better

    This guy sold his lamborghini for an NFT, saying BAYC keeps its value better

    By Janelle BorgJanuary 15, 2022Updated:September 21, 20222 Mins Read

    Twitter user @iCrimax has been making headlines for allegedly selling his Lamborghini to buy a BAYC NFT. Safe to say, CryptoTwitterers were equally shocked and curious about @iCrimax’s controversial decision.

    Lamborghini BAYC NFT
    A Lambo or an NFT? @iCrimax would vote “NFT” any day”

    Yesterday, @iCrimax tweeted, “FINALLY JOINED @BoredApeYC. I sold my Lambo for this NFT, but I think BAYC is a bigger flex. So excited to be part of this community! So this #ApeFollowApe works I’ve heard? #BAYC.” The tweet was an immediate hit, and at the time of writing has more than 576 retweets.

    @iCrimax continued, “Many people don’t believe in my Lambo story, but let me tell you something.
    In 2 years my Lambo lost 30.000€ value. In 1 day holding BAYC I got my loss back. #bigboymoves #bayc.”

    Is buying a BAYC NFT better than purchasing a Lamborghini?

    Within months after its launch last year, BAYC became one of the biggest success stories in the NFT space; especially after it hit a sales turnover of over $1 billion. This is almost 10% of what Apple earned in 2021. The NFT sector is currently worth $41 billion – which is approximately what the global art sales market makes in a year.

    Each Bored Ape Yacht Club NFT is unique and highly sought after. Best of all, BAYC’s popularity is growing. Celebrities are apeing in every day. Owning a BAYC NFT gives NFT holders access to exclusive online clubs, live meetups, and privileged access to other rare NFTs. Therefore, purchasing a BAYC NFT is a sound investment, as selling it will surely fetch you thousands – if not millions – later down the line.

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    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    blue chip nftsBored Ape Yacht Clubnft twitterYuga Labs
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    Janelle Borg
    • Website

    Janelle is a freelance content writer with a passion for all things related to music, marketing and tech. She looks forward to bringing you more news relating to the fast-paced world of Crypto and NFTs from her home office in Brighton.

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