Logan Paul Spent $2.645 Million on NFTs in 2021 and Paid Nearly $90,000 in Hidden Charges

Published 12/26/2021, 12:59 AM EST

Logan Paul is one of the most popular celebrity boxers of the modern era. With his YouTube career and boxing run, Paul is well versed in the ongoing trends in the world economy. That said, Logan Paul is one of the biggest names when it comes to dealing with NFTs.

Boxers, athletes, and celebrities around the world know the value of cryptocurrencies and NFTs. That said, many biggies across various segments are investing heavily in NFTs. Recently, ‘The Maverick’ also took to Twitter, to share about his NFT collection and the overall trade he did throughout the year.

He wrote, “began collecting NFTs this year… – acquired 139 total – spent $2.645M – first collection: @worldofwomennft”

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began collecting NFTs this year…
– acquired 139 total
– spent $2.645M
– first collection: @worldofwomennft 😌 pic.twitter.com/ci7p9TXoRe
— Logan Paul (@LoganPaul) December 25, 2021

In the above tweet, Paul also shared an image, which eventually gave the summary of how much he spent on NFTs. In total, the 26-year-old bought a whopping 139 NFTs from 16 collections. With this, his total amount spent on buying the same surged to $2.645 million.

Also, the highest amount he paid was 188.00 ETH, which roughly goes up to $754,910. Furthermore, the very first collection he bought was the World of Women NFT. In total, World of Women has 10,000 NFTs of diverse and powerful women.

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In the Tweet, Paul also mentioned his other expenses/hidden charges. He paid 2.84 ETH in gas fee which is around $11,439.45. On top of this, Paul paid a $75.56k transaction fee to ‘OpenSea’, which takes up his overall expenses to around $87,000-$90,000.

What are NFTs and why is Logan Paul so much interested in this space?

NFTs are a part of the Ethereum blockchain and they are into more of the digital version of arts and crafts. Also, anyone interested in NFTs can buy and sell digital art.

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This space is completely new and not many have yet got their hands on it. However, Logan Paul looks to mint enough money from the same and he’s rigorously trading in the same.

Even in his 2022 checklist, Paul mentioned nothing about his boxing run. But he definitely added up a line about his NFT goals.

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What do you make of Logan Paul’s above post?

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Written by:

Prathamesh Singh Chauhan is a Boxing Author at EssentiallySports. He is a graduate from the International Institute of Sports Management who combines his love for sports, particularly combat sports, and his flair for writing and analysis to help him in his day-to-day work. He has prior professional experience with sporting organizations such as Star Sports, Khelo India, and NBA.

Logan Paul Spent $2.645 Million on NFTs in 2021 and Paid Nearly $90,000 in Hidden Charges

What are NFTs and why is Logan Paul so much interested in this space?

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