Gene Simmons will accept crypto payments to sell mansion

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 in a combination of Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Uniswap (UNI), Polkadot (DOT), Aave (AAVE) or Try.Finance, according to the hard rock news site, Blabber Mouth.

Listing broker Evangelina Duke-Petroni from Berkshire Hathaway Home Services told the Las Vegas Review-Journal in a Monday 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 February 1, 2021, Simmons confirmed he owned both Ripple (XRP) and Dogecoin (DOGE). Six days later, he 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.

Simmons originally purchased the property for $10.8 million in May 2021, before listing it for sale at $14.95 million in October, 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 Miami Beach apartment up for sale and was accepting payments in BTC and ETH at the time.

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