Legendary bassist/singer of rock band KISS – Gene Simmons – has revealed that aside from fiat currency, buyers can also purchase his $13.5 million Las Vegas home in digital assets. Those accepted are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), and more.
An’ Outspoken Proponent’ of Crypto
The rock star, known among fans as “The Demon,” initially displayed his support towards the cryptocurrency industry at the beginning of 2021. Back then, he predicted that Cardano would experience its “most productive year.” At the end of the summer, the native token of the protocol spiked to an all-time high of over $3, meaning that Simmons’ forecast was quite accurate.
In August, the musician admitted that he also likes bitcoin. He revealed he had invested “a few million” in it and envisioned the major cryptocurrency to hit $60,000 soon. BTC even surpassed the price, predicted by Simmons, as it hit an all-time high of nearly $70,000.
In a recent interview, “The Demon” doubled down on its crypto support by accepting several digital assets for the sale of his exclusive Las Vegas mansion. It is currently listed at $13.5 million, while buyers can purchase it in Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), Uniswap (UNI), Aave (AAVE), or even a combination of the assets.
“I have been a strong supporter of cryptocurrency from the beginning. It is the future of money, and it makes sense to offer interested parties the ability to use cryptocurrency to buy the domain,” Simmons said.
The estate is located in the prestigious Ascaya community in Henderson, just south of the Las Vegas Strip. It offers a panoramic view of the valley and expands to more than 11,000 square feet.
The future owner of the mansion will benefit from six bedrooms, eight bathrooms and 11 adjoining garage spaces. There is also a swimming pool, private bar, lounge area, tennis pavilion and many other recreational facilities.
The Record Purchase
Gene Simmons is hardly the first person to transact with cryptocurrencies in real estate deals.
Last summer, a mysterious buyer paid $22.5 million worth of digital assets to acquire a luxury penthouse in Miami Beach. The deal represented the most expensive transaction ever paid this way. However, the name of the buyer and the cryptocurrency used remained undisclosed.
The condominium is part of the building Arte Surfside. Interestingly, the penthouse on the top floor is owned by Ivanka Trump – the daughter of America’s former president Donald Trump.
Building co-developer Alex Sapir claimed that transactions involving cryptocurrencies are highly secure. He added that a growing number of people want to buy condos at Arte Surfside using bitcoin or altcoins:
“There is strong pent-up demand for cryptocurrency transactions that are seamless and secure for both parties, and the deal at Arte is a prime example of that. We were overwhelmed by the amount of calls we received from qualified buyers.”
