JAKARTA – Two top rappers Snoop Dogg and Eminem will be performing their single "From the D 2 the LBC" on MTV on Sunday. The song is inspired by the famous NFT Bored Ape Yacht Club (BAYC).
During the performance, the two of them will also present a live performance with the BAYC metaverse theme, namely Otherside, at the MTV Video Music Awards.
In collaboration with BAYC developer Yuga Labs, the stage will be modified to reflect the Otherside and NFT BAYC metaverse. According to reports, this will be the first time the awards show has featured a metaverse show.
Metaverse Otherside itself was launched by Yuga Labs in April 2021, in conjunction with the launch of the cryptocurrency Apecoin (APE). Information only, APE can be used to purchase various virtual properties in the Otherside metaverse. Previously, Yuga Labs had provided a certain amount of APE coin airdrop to NFT BAYC and MAYC owners.
The NFT BAYC project was adopted by a number of top celebrities including Justin Bieber, Paris Hilton, and Jimmya Fallon, as well as other artists. In early 2022, Snoop Dogg and Eminem bought NFT BAYC.
Once launched to the market, NFT BAYC is priced at 200 US dollars. Then the price skyrocketed last May around 435,000 US dollars in crypto ETH. At the time of writing the base price of BAYC on OpenSea is in the range of 77 ETH.
NFT BAYC itself still ranks first as the largest NFT in the world based on its trading volume, worth 655 thousand ETH. The collection of 10,000 NFT depicting apes is currently owned by around 6,500 collectors from various countries.
In June, Snoop Dogg and Eminem began releasing the single "From The D 2 The LBC" featuring NFT BAYC animation in the video clip. His second video was nominated as one of Best Hip Hop.
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