Meet the Australian Bored Ape owner who turned $300 into dollar5 million buying NFTs
Categories: Crypto News US
If you owned a digital picture of a gold-skinned monkey in a striped shirt and someone offered you $5 million for it, would you sell it? Many of us would probably jump at the opportunity, but not Steve Morlando, an avid investor in the world of non-fungible tokens (NFTs).Morlando owns Bored Ape #2177, a particularly rare NFT in the popular Bored Ape Yacht Club collection. Having acquired it at the start of last year for the equivalent of about $300, he says he now gets offers of as much as $5 million from keen buyers looking to acquire his ape. But he’s not selling (unless someone quadruples their offer), even though he admits it could crash and be worth nothing. The seasoned online gambler and blogger is a huge proponent of the emerging NFT space, to the point at which he’s even launched his own collection of non-fungible sports leagues, called NFTeams.