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‘The Demon’ Gene Simmons Accepts Bitcoin for the Sale of His Las Vegas Estate


Legendary bassist/singer of the rock band KISS – Gene Simmons – revealed that buyers can purchase his $13.5 million Las Vegas home in digital assets in addition to fiat currency. The accepted ones are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC) and more. An outspoken supporter of Crypto The rock star, known among fans as “The Demon”, initially showed his support for the cryptocurrency industry in early 2021. At the time, he predicted that Cardano would experience his “most prolific year”. At the end of the summer, the protocol’s original token spiked to an all-time high of over $3, meaning Simmons’ prediction was pretty accurate. In August, the musician admitted that he also loves bitcoin. He revealed that he had invested “a few million” in it and foresaw that the primary cryptocurrency would soon reach $60,000. BTC even surpassed the price tag, which Simmons predicted, as it hit an all-time high of nearly $70K. In a recent interview, “The Demon” doubled down on its crypto support by accepting several digital assets for the sale of its exclusive Las Vegas mansion. It currently stands 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 the assets. “I have been an outspoken advocate of cryptocurrency from the beginning. It’s the future of money, and it just makes sense to offer interested parties the option to use cryptocurrency to buy the estate,” Simmons said. The estate is located in the prestigious Ascaya community in Henderson, just south of the Las Vegas Strip. It offers panoramic views of the valley and expands to over 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 area, tennis pavilion and many more recreational facilities. Simmons’ Las Vegas Estate, Source: Review Journal Record Purchase Gene Simmons isn’t the first person to transact with cryptocurrencies in real estate transactions. Last summer, a mysterious buyer paid $22.5 million in digital assets to acquire a luxury penthouse in Miami Beach. The deal was the most expensive transaction ever paid for in this way. However, the name of the buyer and the cryptocurrency used remained undisclosed. The condominium is part of the Arte Surfside building. Interestingly, the top-floor penthouse is owned by Ivanka Trump – the daughter of former US President Donald Trump. Alex Sapir – co-developer of the building – claimed that deals with cryptocurrencies are very safe. He added that an increasing number of people are looking to buy Arte Surfside condos using bitcoin or the 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 blown away by the number of calls we received from qualified buyers.” SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures first month (Terms). PrimeXBT Special Offer: Use this link to register and Enter POTATO50 code to get 25% off trading fee.
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