Tuesday, January 18

Miami Night Club E11EVEN Acquires Bored Ape 11 for Nearly $400,000


E11EVEN Partners – the brand behind the famous disco club in Downtown Miami, the E11EVEN Voda, and the E11EVEN Hotel & Residences, purchased Ape #11 of the Bored Ape Yacht Club for 99ETH ($396,000 at the moment of the transaction). Thus, the company put its name next to Steph Curry, Post Malone, and others who acquired NFTs from the same collection.

E11EVEN Deepens Crypto Foray

According to a recent press release, Bored Ape number 11, one of the 10,000 NFTs in the Bored Ape Yacht Club (BAYC) collection, was purchased by the Miami nightclub – E11EVEN. The non-fungible token depicts a monkey dressed in a red bathrobe. The animal has a laurel wreath and smokes a cigarette, just in line with the nightlife style which the entertainment brand represents.

Dennis DeGori, Michael Simkins, and Marc Roberts – some of the executives at E11EVEN – said they are “thrilled to have Bored Ape #11” as their first NFT acquisition, hinting the company might purchase more digital collectibles soon.

The popular brand is not a newbie in the cryptocurrency industry. In April this year, it became the first major nightclub in the United States to accept digital assets as a payment method.

“E11EVEN has always dedicated itself to being cutting edge and staying ahead of the curve. We have seen tremendous success in the eight months we have accepted cryptocurrencies (as a form of payment) and see opportunities like this as a natural transition for the business to continue to expand,” the aforementioned partners stated.

The company has processed more than $4,000,000 in digital assets since adopting digital assets. In addition, E11EVEN Hotel & Residences also embraced cryptocurrencies as a means of settlement, while E11EVEN Vodka sponsored the International Bitcoin Conference in Miami earlier this year. The latter became the largest event focused on the primary digital asset.

Who Else Is a BAYC Collector?

Based on the Ethereum blockchain, Bored Ape Yacht Club has become a household name for prominent sportsmen, athletes, and celebrities who want to jump into the NFT bandwagon.

In August, Golden State Warriors star Stephen Curry spent 55 ETH worth about $180,000 (at the time) to acquire one of those Apes. His non-fungible token represents a monkey with zombie eyes wearing a tweed suit.

The basketball icon did not stop his NFT engagements there. A few days ago, he scored his 2,974 3-pointer in his career and thus surpassed Ray Allen’s record. To celebrate this achievement, Curry launched an NFT collection consisting of every 3-pointer he has netted.

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