- February 2, 2022
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The Israeli-American musician has been a long-time supporter of crypto, and says he will accept payments in a number of cryptocurrencies including BTC, ETH, and LTC for the sale of his $13.5 million Nevada mansion.
Rock legend Gene Simmons says he will accept crypto payments for the sale of his $13.5 million mansion in Las Vegas.
The iconic bassist and co-lead singer of Kiss will accept payments in or a combination of Bitcoin, Ethereum, Litecoin, Uniswap, Polkadot, Aave or Try.Finance according to hard rock news site, Blabber Mouth.
Listing broker Evangelina Duke-Petroni from Berkshire Hathaway Home Services told the Las Vegas Review-Journal in a Feb 1 interview that any potential crypto payment for the property would have to be “verified through closing costs, including taxes and commissions.”
The three-level mansion sprawls across over 11,000 square feet in the Ascaya luxury community overlooking the Las Vegas skyline.
Rock legend @GeneSimmons is selling his home in Henderson's Ascaya community for $13,500,000 and says he will accept cryptocurrency as payment.
Bitcoin, Ethereum, Litecoin, Uniswap, Polkadot, Litecoin, Aave, Try — or a combination of those. pic.twitter.com/HlTHZkrJfX
— Las Vegas Locally (@LasVegasLocally) February 2, 2022
Although Duke-Petroni didn’t provide any further clarification, she did add the property will “be paid in a currency that’s recognized by traditional standards.”
Simmons describes himself as an “outspoken proponent of cryptocurrency.” He said:
“It is the future of money, and it just makes sense to offer interested parties the option of using cryptocurrency to purchase the estate.”
The Demon has been bullish on the crypto scene for quite some time now. Back in 2017, the Israeli-American musician alluded to his interest in Bitcoin during an interview with The Street.
He also made headlines back in 2020 with some elusive comments on a tweet from Gemini co-founder Cameron Winklevoss, suggesting that he was working on making crypto more accessible.
I will. I am. https://t.co/GQJMpDUYCH
— Gene Simmons (@genesimmons) September 15, 2020
On Feb 1 2021, Simmons tweeted confirming he owned both Ripple (XRP) and Dogecoin (DOGE). Six days later, returned to Twitter to share that he had bought even more DOGE, and yet again on Feb 19 claiming he had purchased $300,000 worth of Cardano (ADA).
The rock star has also shared that he owns $300,000 worth of Ether (ETH), and $300,000 worth of Binance Coin (BNB). However, some members of the crypto community appeared skeptical of Simmon’s rapid fire crypto endorsements.
What happened to DOGE coin? wasn't that your favorite coin some days ago?
— Jaime Cornejo (@Realkaisser) February 19, 2021
Related: Coinbase CEO reportedly buys LA mansion for $133M
Simmons originally purchased the property for $10.8 million in May 2021, before listing it for sale at $14.95 million in Oct, not even half a year later.
He’s not the first celebrity to accept crypto payments for his home. Back in June 2021, DJ David Guetta put his luxury $14 million apartment on Miami Beach up for sale and was accepting payments in BTC and ETH at the time.
