Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto

Kiss this: You can buy Gene Simmons’ Las Vegas mansion with crypto

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.

Our top trading bots

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.

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.

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.

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.

Continue reading on Cointelegraph
Austin mayor embraces Web3 tech and crypto payments
Mayor Steve Adler of Austin, Texas, has fully embraced the discovery of what blockchain technology and crypto payments can bring to his city by proposing...
Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg senior...
Weekly Comic: Enforcement and Regulation Are Catching up with Crypto
By Geoffrey SmithInvesting.com --The arrest of two people in connection with one of the most notorious financial crimes of recent years ought to be a milestone...
Down, but not out: Here’s why Theta could be a breakout star in 2022
2021 was a rollercoaster ride for many projects in the cryptocurrency market but as is the nature of crypto, many tokens hit new all-time highs and then...
Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3 innovations, financed by BitDAO treasury
On Thursday, BitDAO, one of the world's largest decentralized autonomous organizations with over $2.5 billion assets under management and its partner Mirana...
Cryptocurrency exchange Coinstore enters India despite pending curbs on trade
By Nupur AnandMUMBAI (Reuters) - Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government...
Crypto.com deploys its Ethereum Virtual Machine chain testnet
The Crypto.com chain testnet allowing projects built on Ethereum to transfer over to its ecosystem from chains compatible with Ethereum Virtual Machine...
Bitcoin slides below $40,000, ether tumbles
TOKYO (Reuters) - Bitcoin's volatile week-long slide saw it tumble to below the $40,000 mark on Wednesday as news of further restrictions on cryptocurrency...
The rise of crypto charities: Elongate and Munch raise millions for various causes
Two unrelated cryptocurrency projects have collectively raised over $3 million for charitable contributions this month, underscoring the potential of digital...
YouTuber claims he'll buy 111 Tesla Model 3s... if Elon Musk accepts Bitcoin Cash
A Bitcoin Cash (BCH) YouTuber has promised to buy 111 Tesla Model 3s … but only if Tesla CEO Elon Musk agrees to accept BCH for Tesla purchases from now...
ASIC calls for closer engagement, but crypto industry says rules are unclear
The Australia Securities and Investments Commission, or ASIC, is urging local blockchain and crypto firms to engage with regulators to help them foster...
Grayscale tops $50 billion: ‘Will soon pass world’s largest commodity ETF’
Major U.S. asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale's AUM is creeping...
MicroStrategy announces Bitcoin bonuses for board of directors instead of cash
Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash. A modified...
Time magazine seeks CFO comfortable with Bitcoin and crypto
A new job posting from Time magazine shows the 98-year-old publication is looking for a chief financial officer familiar with blockchain and cryptocurrencies.According...
Russian Central Bank Believes Chinese Get Revenues Out Of Moscow Via Cryptos
The Bank of Russia (the country’s central financial institution) announced that Moscow wholesale markets stimulate crypto-trade in the state. In accordance...