Gwyneth Paltrow hit the headlines once again and not for releasing a questionable product but for buying an NFT. Thanks to revolutionary Moonpay, Paltrow entered the Bored Ape Yacht Club crew possibly without buying cryptocurrency prior.
The American actress and entrepreneur is used to reports about her. She famously released her candle Goop which smells like, let us call it her flower. Moving on from her more avant-garde projects, Paltrow has decided to jump on the BYAP bandwagon.
The Golden Globe winner announced on Twitter that she is now a member of the BAYC. The household name of NFT collections. Paltrow added that this transaction was down to Moonpay, the software solution company that has made big moves in the crypto world.
Moonpay recently figured out how to allow buyers of NFTs to continue with their purchases without needing to invest in cryptocurrency before. Moonpay’s new system cuts costs, simplifies the verification process and delivers tokens directly to on-chain wallet addresses. Not only does this make it easier for collectors today, but it opens the market to a whole new demographic, credit and debit card users.
Possibly, though not confirmed, these recent updates swayed Gwyneth Paltrow. She only gave thanks to the company for the transaction. She made a wise choice with BAYC as they continue to top the market. The interest in NFTs has skyrocketed, spanning all demographics, such as celebrities. In conclusion, more celebrities are expected to invest in NFTs and share the art they accumulate.
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