FaZe Banks Reveals The Shocking Amount Of Money He Has Made From NFTs

FaZe Clan co-owner Ricky Banks has opened up about his income from Non-Fungible Tokens and it is indeed shocking. The NFT craze has been taken to the next level with the entry of social media personalities and celebrities.

Recently, Logan Paul revealed that he has made millions of dollars with NFTs. However, not all glitter is gold and the elder Paul brother was also accused to scamming others with his CryptoZoo NFT.

Who Introduced FaZe Bank To NFTs?

Ricky Banks, on the other hand has also been accused of something major. It was related to offshore gambling. The FaZe Clan co-owner clarified that he is as legit as it gets recently.

“We did a 1-month stint campaign with them [Roobet], we were getting jets to Mexico, we did it completely 100% legit. I’m as legit as it gets.”

In the same podcast with Dave Portnoy and Josh Richards, FaZe Bank talks about his NFT income.

The social media personality began investing in NFTs on the advice of well-known motivational speaker, entrepreneur, and content creator Gary Vaynerchuck. He said “I currently own nine CryptoPunks, six Apes, these things are super blue-chip,” he explained. “I think the floor for a CryptoPunk right now is somewhere in the ballpark of $400,000.”

His NFT Income

When asked about the amount of profit that he has made so far, FaZe Banks humbly says “I think conservatively — not ‘made’, not liquid… I’d say my portfolio right now is worth, a modest number, maybe $7-8 million.”

So far, the gamer has already withdrawn the initial $200k investment that he made so everything else on the table is pure profit for him. Ricky also said that he expects his NFT portfolio to soar past $10 Million by the end of 2021.

Are you an investor in this NFT hype? What do you think about the whole story? Tell us in the comments.