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Dogecoin (DOGE) Founder Slams Madonna for Misleading About Her Bored Ape Yacht Club (BAYC) Purchase


thecryptobasic.com 25 March 2022 17:44, UTC
Reading time: ~2 m

Dogecoin (DOGE) Founder Slams Madonna.

Shibetoshi Nakamoto, the pseudonymous founder of popular meme coin Dogecoin (DOGE), has slammed popular American pop artist Madonna for claiming she bought a Bored Ape Yacht Club (BAYC) non-fungible token (NFT). 

Commenting on a post made by Boardroom, a business and sports platform, the Dogecoin creator alleged that the so-called “Queen of Pop” did not purchase the BAYC NFT using her money; instead, the digital collectible was purchased by Moonpay and gifted to the artist. 

Moonpay purchased a Bored Ape for Madonna and Madonna pretended she bought it* FTFY,” Dogecoin founder said in a tweet

Moonpay purchased a bored ape for madonna and Madonna pretended she bought it* FTFY

— Shibetoshi Nakamoto (@BillyM2k) March 25, 2022

Marketing Stunt

According to the outspoken cryptocurrency developer, the move was part of marketing efforts by Moonpay and the BAYC team.  

While the BAYC team intends to make prospective investors believe that celebrities are also buying the digital collectible, Moonpay plans to use the development to lure more people into using the platform for NFT purchases, Shibetoshi suggested. 

“[…] yay marketing,” the pseudonymous Dogecoin creator added

this is all the celebrity bored ape purchases too

yay marketing

— Shibetoshi Nakamoto (@BillyM2k) March 25, 2022

Yesterday, BAYC investors were excited with the news that Madonna has ventured into the metaverse by purchasing Bored Ape #4988. 

Details of the transaction revealed that she spent a whopping 180 Ethereum (ETH) worth $560,160 at press time.

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