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9GAG, a social media platform from Memeland, has purchased multiple high-priced Bored Ape Yacht Club (BAYC) NFTs.
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Memeland spent approximately $1.3 million in ETH to purchase eight Bored Ape Yacht Club NFTs, all of which included rare hat accessory traits.
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The most expensive NFT purchased was BAYC 2059, bought for 132.7 ETH or around $215,000.
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9GAG is an online platform and social media website based in Hong Kong.
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Memeland is a web3 venture studio with a mission to bring ownership to every community in the world.
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9GAG claims to have a global audience of 200 million across different social platforms.
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Memeland and 9GAG have created multiple NFT collections such as The Captainz, The Potatoz, and You The Real MPV.
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The buying spree cost a total of 796.87 ETH, or approximately $1.3 million.
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The most recent BAYC NFT purchased was BAYC 4024, bought for 93.8 ETH or around $152,000.