Buy Eminem NFTs – How to Buy Eminem NFTs 2022

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Over the past few months, there have been quite a few celebrities and influencers capitalizing on the hype around NFTs by releasing their own collections. Typically, these releases either go really well or horribly.

Luckily for the world-renowned rapper Eminem, his collection has done incredibly well, selling out in just minutes, earning the star a whopping $1.78 million. This collection titled ‘Shady Con’ has become massively popular among Slim Shady fans, with many wanting to learn how to buy Eminem NFTs.

So to help our readers get their hands on a piece of the collection, we’ve created this guide detailing exactly how you can buy Eminem NFTs in 2022.  

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How to Buy Eminem NFTs? – A Quick-Step Guide for 2022

Here at EconomyWatch, we understand how valuable your time is, which is why we’ve included this quick-step guide giving you a brief overview of how to buy an Eminem NFT.

However, if you’d prefer a more in-depth guide, you’ll be able to find that toward the bottom of the page.

  • Step 1: Open and Verify eToro Account – Before you can buy an Eminem NFT, you’ll need to create and verify an account with eToro. Head over to eToro.com, click “Join Now” and enter your details. To verify your account, you’ll need a photo ID (passport, driving license) and proof of address (bank statement, utility bill). 
  • Step 2: Deposit Funds – Once your eToro account has been created, you’ll need to deposit some funds. To do this, simply hit the button marked “Deposit Funds”, enter the amount you want to deposit (please ensure you have enough extra for ETH fees), and press “Deposit”. The funds will arrive in your account shortly. 
  • Step 3: Buy Ethereum required to buy NFTs on eToro – After the funds have arrived in your account, you’re ready to purchase some Etherum. Just type “ETH” into the eToro search bar, press “Trade”, enter the amount of ETH you want to buy, and press “OpenTrade”. Again, it’s important to consider Ethereum fees, if you don’t have enough, you’ll need to repeat this step. 

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  • Step 4: Download MetaMask and send Ethereum to MetaMask – Following your Ethereum purchase, you’ll need to head over to MetaMask.io & download MetaMask. Once you’ve set up your wallet, ensure your MetaMask is set to the Ethereum network, and withdraw your Ethereum from eToro and to MetaMask. 
  • Step 5: Connect to an NFT marketplace and buy the NFT – Now it’s time to connect your MetaMask to Nifty Gateway. Click on the profile button, then on “My Account”, push “Connect New Wallet”, select MetaMask, and confirm the transaction. Then, you’re free to search for your favourite Eminem NFT and either purchase or bid on it. 

What is an Eminem NFT?

A non-fungible token, commonly referred to as an NFT, is a non-interchangeable digital asset. Each NFT is unique and verifiable on the blockchain, adding to its collectability. If you’d like to learn more about NFTs, we’ve got an article explaining NFTs in-depth. 

In April 2021, Eminem released his collection of SHADYCON NFTs. These pieces of NFT art resemble trading cards, action figures, and even music produced by the 50x platinum artist. They were created on the Ethereum network and originally released on Nifty Gateway before making their way onto various Ethereum NFT marketplaces.

This collection created a massive amount of hype within Eminems’s fan base, with dedicated fans shelling out large sums (3 to 6 figures) to get their hands on one of these digital collectables. The most expensive NFT in the collection titled ‘Stans Revenge’ sold for an eye-watering $100,000. 

Where to Buy Eminem NFTs – Mini Marketplace Reviews

So, you’ve decided you want to pull the trigger and buy an Eminem NFT, but what’s the best marketplace to do so?

We understand that filtering through all the different platforms out there can be an arduous task, so we’ve compiled a list of the top 5 marketplaces to buy Eminem NFTs right now in 2022. 

1. Nifty Gateway- Best All-Around Platform to Buy Eminem NFTs

 

Nifty Gateway was founded in 2018 by two brothers before getting snapped up by leading crypto exchange Gemini (created by the Winklevoss twins). In the time since its launch, Nifty Gateway has grown exponentially. Throughout 2020, it achieved over $11 million in NFT sales, and considering the rate at which the space is growing, this volume could likely double or triple in the near future. 

In an attempt to help drive people both to their platform and the NFT space in general, Nifty Gateway has partnered with several celebrities to bring their ideas to life in the form of NFTs. As we’re sure you could imagine, this has been massively beneficial for Nifty Gateway and is nothing less than we’d expect from a team as accomplished as the Winklevoss twins.

Additionally, Nifty Gateway was promoted directly by Eminem as the best place to buy Eminem NFTs, cementing its place on the top of this list. If you’re unsure of how to buy Eminem NFTs, then you’ll be happy to hear that Nifty Gateway makes the entire process as simple as it can be. The platform is user-friendly, and the interface is well thought out, making the platform more accessible for the masses. 

Overall, Nifty Gateway is an excellent platform and likely to continue growing, taking market share away from main competitor OpenSea. This is in part due to securing high-profile collections like SHADYCON. In addition, they have a “Curated Drops” category that makes finding collections with lots of hype and potential effortless.

So regardless of whether you’re new to the NFT space or a veteran, Nifty Gateway is the best platform to get your hands on any Eminem NFTs or any other collection created on the Ethereum network, for that matter.

Pros

  • High-profile releases
  • Curated drops
  • Great security
  • Links with Gemini 

Cons

  • Limited to Ethereum-based collections

67% of retail investor accounts lose money when trading CFDs with this provider.

2. OpenSea – Most Popular Platform to Buy Eminem NFTs

If you’ve any amount of time in the wacky world of NFTs, then the chances are that you would’ve at least heard about OpenSea. It’s the most popular NFT marketplace in the world, with more than 400,000 users and 2.3 million transactions per month. Unlike Nifty Gateway, OpenSea is a multi-chain marketplace, supporting both the Ethereum and Polygon networks.

There’s a reason OpenSea is the most popular marketplace out there. It has just about every popular NFT collection on Ethereum and Polygon, and by supporting multiple networks, they can capture users of both. As one of the first NFT marketplaces in existence, OpenSea has enjoyed a first-mover advantage. Allowing it to become the go-to marketplace for many.

However, as the NFT space becomes increasingly competitive, OpenSea will likely have to continue innovating to stay ahead of the competition and retain its place as the number one NFT marketplace. Finding specific/undervalued NFTs is made fairly easy on the platform with the wide range of filters offered. Because of this, OpenSea can be a great platform to try and buy an Eminem NFT for a slight discount. 

Ultimately, OpenSea is the king of NFT marketplaces for a reason. It’s got a massive, loyal user base, solid security, and almost every popular ERC-based NFT collection. In addition, minting on the platform is easy and available to anyone with a crypto wallet.

Although Nifty Gateway beats OpenSea in terms of partnerships, both platforms are similar, and therefore it mainly comes down to preference when choosing between them. 

Pros

  • Multi-chain
  • Lots of popular collections
  • Good variety of filters
  • Easy minting capabilities

Cons

  • Lacking partnerships
  • Lacking live support

67% of retail investor accounts lose money when trading CFDs with this provider.

3. Rarible – Best Multi-Chain Platform to Buy Eminem NFTs

Rarible was launched in 2020, making it one of the younger platforms on our list. However, younger certainly doesn’t mean lesser. It’s a first-of-its-kind community-owned, multi-chain platform. It’s considered a community platform because users are able to vote on the direction of the platform and new features using its priority governance token; $RARI. 

As you’d expect from a community-driven platform, Rarible makes a clear effort to promote collections created by artists on the platform. On the home screen, there’s a variety of new collections alongside some of the best performing collections on the site. As it supports Ethereum, Tezos, and Flow, there are plenty of NFTs to browse through.

Rarible aims to merge the worlds of DeFi and NFTs, bringing more users to both. Up until January 16th, users could receive RARI as a reward for buying and selling NFTs. However, they’ve since stopped this program, instead, allocating funds to web3.0 projects (as decided by the community). 

If you’re a fan of NFTs and crypto technology, it’s understandable that you might not like the corporate direction many NFT marketplaces are heading. After all, the cryptocurrency sector is inherently anti-corporate.

However, Rarible has filled this gap by bringing their users much closer to the project’s development than any of their competitors; something that could be a massive advantage if the age old saying “the customer is always right” holds any weight.

Pros

  • Community-driven
  • Merging DeFi and NFTs

Cons

  • Doesn’t have much of a track record

67% of retail investor accounts lose money when trading CFDs with this provider.

4. Mintable – Best Marketplace for Learning How to Buy Eminem NFTs

With the beta launching in April 2019, Mintable has been around for a while (in NFT terms). During their time in space, they’ve revolutionized NFT minting and created some excellent educational resources; something that the industry was lacking.

Mintable supports collections made on either Ethereum or Immutable X. A marketplace providing options is always a good sign. 

Much like the other platforms we’ve discussed, Mintable has most of the top NFT collections. However, where it really differentiates itself is minting. Mintable pioneered both gasless and batch minting, making it invaluable to NFT creators.

On top of this, for anyone wanting to learn how to buy Eminem NFTs, Mintable offers plenty of educational resources. They’ve created a “Sell University” that contains information on investing in NFTs, minting, and the blockchain; an excellent resource for beginners. 

Regardless of whether you purchase the odd NFT or frequently create entire collections, Mintable is an excellent platform. Its gasless minting and educational resources are certainly big draws. However, we suspect much of its success can be attributed to its focus on user experience. 

Pros

  • Gasless minting
  • Educational resources

Cons

  • Website can be rather slow at times

67% of retail investor accounts lose money when trading CFDs with this provider.

Benefits of Eminem NFTs

NFTs have come a long way in recent years. No longer are they purely decorative. Today, NFTs are packed full of utility and unique features. Eminem’s SHADYCON collection is no different. Outside of its visual appeal and resell value, quite a few interesting benefits were bundled into the collection.

Here are a few benefits of buying Eminem NFTs:

Music Rights

In the SHADYCON collection, a single 1/1 NFT was different from the others. It had animated visuals and, more importantly, a piece of music titled ‘Stan’s Revenge’ produced by the legendary rapper that the NFTs owner gained the rights to.

This NFT was auctioned off selling for $100,000. While this may sound like an extreme figure, the person that won the auction, Tom MacDonald, a rapper, wrote a song to the instrumental, which went on to earn an impressive 7+ million views. The revenue and exposure this provided him were likely far more valuable than the $100k he outlaid in the purchase. 

Environment

It’s not uncommon for prominent figures and celebrities to release collectables for fans to purchase. This can, however, create a fair bit of plastic waste. By releasing NFT memorabilia, celebrities can prevent this and lower costs. Additionally, an NFT won’t get broken and sent to landfills, further benefiting the environment.

Verifiable

A major issue in the traditional collectables market is fakes. Wherever there’s money, there are fraudsters looking to pull one over on you. NFTs solve this issue by allowing anyone to verify the authenticity of a collectible in just seconds and with no prior experience. This is huge in an industry blighted by fraudsters.

How to Buy Eminem NFTs – Full Guide for 2022

Now that we’ve explored some of the benefits of Eminem NFTs and discussed the best marketplaces to purchase them, it’s only right we take a deep dive into exactly how to buy Eminem NFTs.

Buying an NFT can be a difficult process, but with this guide, it’ll be a breeze:

Step 1: Open an Account with eToro & Verify Account

When trying to buy an Eminem NFT, the first thing you’ll need to do is register with eToro. While other exchanges are available, eToro has excellent security, a long track record, and commission-free trading, making it an extremely attractive platform.

Just head over to eToro.com, click on “Join Now”, and input your details. Once you’ve done this, you’ll need to verify your account. To complete this process, you’ll need a photo ID (passport, driving license) as well as proof of address (bank statement, utility bill). While you’re purchasing the Ethereum to buy an Eminem NFT, you can also browse eToro’s range of NFT crypto and NFT stocks to see if anything catches your eye.

Step 2: Deposit Funds

Once your account has been opened and verified, you’ll need to load it with some funds. eToro SSL encrypts sensitive data, so there’s no need to worry about the security of your information. Simply click on the button marked “ Deposit Funds”, enter the amount you plan on investing, and press “Deposit”.

After a few minutes, the funds should arrive in your account (first-time deposits can take a bit longer). Because SHADYCON was created on the Ethereum network, ensure that you deposit enough funds also to cover gas fees (around $100 should do, although fees can vary dramatically).

eToro supports deposits using either credit/debit card, bank transfer, or e-wallet (PayPal, Skrill). 

Step 3: Purchase Ethereum required to buy Eminem NFTs on eToro

Now that your eToro account is equipped with some funds, it’s time to purchase the Ethereum required to purchase your NFT. Type “ETH” or “Ethereum” into the eToro search bar, press “Trade”, enter the amount of ETH you want to buy (bearing gas fees in mind), and press “Open Trade”.

You can check if the purchase was successful from your portfolio. It can be a good idea to check the current Ethereum gas fees before going through with your purchase, this way, you can rest assured that you won’t need to deposit more funds in order to pay the transaction fees.

67% of retail investor accounts lose money when trading CFDs with this provider.   

Step 4: Download MetaMask & Send Ethereum to MetaMask

Before you can use your Ethereum to buy an Eminem NFT, you’ll first have to download and install MetaMask. This can be done from either MetaMask.io or the app/play store. Please note there are quite a few phishing sites going around at the moment, so make sure you’re on the correct site before giving up any personal information.

Once you’ve downloaded and set up MetaMask, make sure that you’re on the Ethereum network and withdraw your Ethereum from eToro to MetaMask. After this translation has succeeded, you’re ready to move on to the next step.

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Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% CommissionVisit WebsiteOur score 10
  

Step 5: Connect to an NFT marketplace

Now that you’ve loaded your MetaMask wallet with some Ethereum, you’ll need to connect it to Nifty Gateway. You can do this by clicking on the profile icon in the top right, heading to account settings, clicking “External Wallets”, pressing connect wallet, selecting MetaMask, and confirming the transaction.

You can double-check that your wallet is connected correctly by going to your profile and seeing if your wallet address appears. 

Step 6: Buy Eminem NFTs

Once your MetaMask is connected to Nifty Gateway, you’re ready to buy your Eminem NFT. Just type the name of the NFT you want into the search bar (or browse by collection), then you can either make an offer or choose to buy for full price.

After you’ve sent the Ethereum and completed the transaction, the NFT will be sent to you. You’re able to view it from the profile section of your account. The NFT will be linked to your MetaMask. However, you’re free to display it on Nifty Marketplace or any other NFT platform. 

How to Buy Eminem NFTs – Conclusion

Quite a few celebrities have been getting into the NFT space recently. However, few command as much star power as fabled rapper Eminem. This is likely the reason his collection sold out so quickly and still holds a reasonable amount of resale value today.

Even today, an Eminem NFT can be a solid investment. Just look at Tom MacDonald. If you’re ready to buy an Eminem NFT, you’ll first need to head over to top-rated broker eToro and stock up on Ethereum. 

1
$50
Mobile AppYes
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% CommissionVisit WebsiteOur score 10
    

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About Jay Leonard PRO INVESTOR

Jay is a UK based cryptocurrency expert, specialising in fundamental analysis and medium to long term investments. He has a great deal of hands on experience in the space and a current focus on institutional adoption.