Saturday Night Live gave the first hint of Eminem starting an NFT series when a sketch starring Pete Davidson as Eminem’s character went on to describe NFTs. Eminem made a statement explaining why he went ahead with NFTs, referencing his boyhood love of collecting things.
“I’ve been collecting since I was a kid, anything from comic books to baseball cards to toys, as well as every rap music on cassette I could get my hands on,” he added. “As an adult, not much has changed for me…
I’ve tried to duplicate some of those collections from back then, and I know I’m not alone.”
The hip-hop sensation continued, “I want this NFT release to have the same vibe as ‘Oh, man, I wanna buy just that one or maybe the full set!” Furthermore, he stated that coming up with ideas was a lot of fun during the process of launching the NFT.
What is Eminem’s NFT Collection: Shady Con?
On April 25th, Eminem eventually chose to debut his NFT collection via a livestream event with the marketplace NIfty Gateway. Shady Con is described on Eminem’s website as an NFT drop inspired by Eminem’s childhood enthusiasm for collecting old toys, comic books, and trading cards. The collection “will showcase a selection of Eminem-approved NFT memorabilia,” according to Eminem’s website.
Aside from that, there are some “unique instrumental beats made particularly for this release by Slim Shady himself.” Shady Con was billed as a true digital festival, comparable to Gamescom, E3, and Comic-Con, but exclusively in terms of content.
What did you find inside?
It included three separate souvenirs for all of the Stans (Eminem fans) out there. “Tools of The Trade” and “Still D.G.A.F.” were the names of two NFT collections released by the rapper. The third was dubbed “STAN’S REVENGE” after the previous NFT single edition copy.
The first two were going to be sold at a flat sum of $5,000 per Eminem NFT out of the three. D.O.M. is the name of the artist that created all of these NFTs. The third and last NFT was sold in an auction with a starting bid of $100,000. The last item featured an original Eminem beat, a pair of Shady XV Air Jordan Carhartt 4s, an autographed SSLP20 Film Strip, and a signed vinyl of “Infinite.”
What Was Eminem’s NFT Score?
The rapper’s series of NFTs did reasonably well, and we believe they exceeded his expectations to some extent. Eminem is said to have made $1.78 million off his first collection of NFTs. Among the buyers of these NFTs were some well-known names. Tom MacDonald, a Canadian rapper, won the NFT for a whopping $100,000. Rappers 50 Cent, DJ Premier, and Fredwreck were among the buyers. 50 Cent purchased two Eminem NFTs, a Stan trading card, and Tools of the Trade, in which each edition will be provided with a Physical Print of the artwork hand numbered and personalised by Eminem himself, same to how DJ Premier purchased a Marshall Mathers figure.
The open edition collection was available for about 15 minutes after the opening. In terms of quantities, around 675 NFTs for Eminem action figures, 940 for the Slim Shady doll, and 753 for the Marshall Mathers figure were made during this time.
Eminem, a 15-time Grammy winner, has entered the NFT market. Even though his debut collection sold for $1.78 million, it wasn’t on level with other painters.
Eminem wants to be a part of the community and use tokenized artefacts to interact and engage with his fans. Look at world crypto news for additional information on NFT and crypto.