Legendary rock band KISS bassist/vocalist Gene Simmons has revealed that in addition to fiat currency, buyers can also purchase his $13.5 million Las Vegas home in digital assets. The accepted ones are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC) and more.
An ‘Outspoken Defender’ of Crypto
The rock star, known to fans as “The Demon,” initially showed his support for the cryptocurrency industry in early 2021. Back then, he predicted that Cardano would experience its “most productive year ever.” At the end of the summer, the protocol’s native token shot up to an all-time high of over $3, meaning Simmons’ forecast was pretty accurate.
In August, the musician admitted that he is also interested in bitcoin. He revealed to have invested “a few million” in it and imagined that the top cryptocurrency would soon reach $60,000. BTC even surpassed the sticker price, which Simmons predicted, as it hit an all-time high of nearly $70K.
In a recent interview, “The Demon” doubled down on his crypto support by accepting various digital assets for the sale of his exclusive Las Vegas mansion. It is currently trading at $13.5 million, while buyers can buy it in Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), Uniswap (UNI), Aave (AAVE), or even a combination. of assets.
“I have been an outspoken supporter of crypto from the beginning. It is the future of money, and it makes sense to offer interested parties the option to use cryptocurrencies to purchase wealth,” Simmons said.
The property 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 enjoy six bedrooms, eight bathrooms and 11 attached garage spaces. There is also a swimming pool, private bar, lounge, tennis pavilion and many more leisure facilities.
Simmons’ estate in Las Vegas, Source: Review Journal
The record purchase
Gene Simmons is not the first person to transact cryptocurrency in real estate deals.
Last summer, a mystery buyer paid $22.5 million in digital assets to acquire a luxury penthouse in Miami Beach. The deal represented the most expensive transaction ever paid for in this way. However, the name of the buyer and the cryptocurrency used were not disclosed.
The condo is part of the Surfside Art building. Interestingly, the penthouse on the top floor is owned by Ivanka Trump, the daughter of former US President Donald Trump.
Alex Sapir, co-developer of the building, stated that transactions involving cryptocurrencies are highly secure. He added that an increasing number of people want to buy Arte Surfside condos using bitcoin or altcoins:
“There is a strong pent-up demand for cryptocurrency transactions that are transparent and secure for both parties, and the Arte deal is a prime example of that. We are overwhelmed by the number of calls we are receiving from qualified buyers.”
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