We all have a favourite celebrity. We keep track of who is popular and who will be trendy in the future! Our favourite celebrities too, follow NFT Market. And we all know what’s trending nowadays, don’t we?
Yes, I’m talking about NFTs. From movie stars to sportsmen, anchors to kickboxers, celebrities worldwide are investing in blockchain technology. But leaving aside the flashy part, why do you think they are doing so? Money? Trend? Fame?
Let’s find out.
As per recent reports from DappRadar, the current global NFT sales volume has reached a massive $10.7 billion in this quarter of the year. That is an 8x increase from the past quarter volumes. Below mentioned are the three main reasons that make celebrities promote NFTs.
Profitability
Yes. It’s simple.
Don’t you want to invest in things that provide you with surplus returns? Of Course, you do! And so do the celebs too. Investing in NFTs and NFT Markets is one of the most profitable options one can have in recent times. Thanks to the uniqueness of these tokens, the rarer the NFT the higher the chances of gaining profits.
Fame
This is tricky.
You might ask how one can become famous by promoting something. Firstly, celebrities are “already” famous. Secondly, NFTs are becoming famous too. We bet you 10 out of fifteen people you meet every day knows something or the other about NFTs. Adding to the rate of expansion and popularity of NFT Markets worldwide, it is certain that people will learn about both NFTs and the celebrities advocating them, and vice versa.
Ownership
This is probably the best thing about NFTs.
Thanks to blockchain technology, the information relative to the digital asset get stored in the form of smart contracts. No one can duplicate the tokens or claim ownership of them. Celebrities can convert their arts, creations and assets as NFTs and claim the original owner as long as blockchains exist. Their identities shall always be connected to their tokens.
Five popular celebrities who are into NFTs
Let’s have a look at the top five celebrities who have launched their own NFT collectables. Beg your pardon, but, here we will be mentioning our personal favourites. No hate, please.
Paris Hilton
Miss Hilton has always been an influencer and trendsetter, and she has continued her prowess into the cryptoverse. Along with Blake Kathryn, Hilton created three unique NFT collectables named “ Legend of Love” “Hummingbird in My Metaverse” and “Iconic crypto Queen”. She sold all three of these pieces for over a million dollars. When questioned about her obsession with NFTs, she says it has always been her desire to democratise art and invest in the digital space.
Grimes
Famous musician Grimes has always been the centre of attraction given her obsession with experimental and synth-pop, alien-type cosmetics and extraterrestrial arts. Grimes embraced the NFT’s swayed future and sold 10 pieces of digital arts as NFTs. With 20 minutes of her sale going live, she acquired $6 million. Among all the arts, “Death of the Old” sold for $389,000.
Snoop Dogg
NFTs and DOGG! Yes, west coast rap veteran Snoop Dogg launched his NFT collection “A Journey with the Dogg”. His collection consists of eight different NFTs including the original tracks “Snoop Doge Coins”, “NFT”, “Deez Nuts” and “Diamond Joint”. Dogg has witnessed the potentials of technology and has always been an acceptor of the modern. Snoop is eager to explore the possibilities held by NFT Markets and blockchain technology.
Jack Dorsey
Yes, CEOs pass as celebrities too. Twitter’s CEO sold his first-ever tweet “just setting up my Twitter” as an NFT and it sold for a whopping amount of $ 2.9 million. Noble Dorsey claimed that the proceedings will be converted into bitcoin and will be donated to a poverty charity named GiveDirectly.
Shawn Mendes
Following the success of its Mesut Özil line (grossed over $500,000), musician Shawn Mendes joined OpenSea in cooperation with Genies to offer wearables. From virtual guitars to necklaces, vests, and earrings, these NFTs earned Mendes over $600,000. The singer donated his earnings to Shawn Mendes Foundation Wonder Grants, an NGO helping young activists with their innovative ideas.
Eminem, Ellen DeGeneres, Tony Hawk, Kate Moss; multiple other famous names have happily owned the craze of NFTs. Such appreciation has led to an increase in the development of many NFT Market and Marketplaces all over the world.
Conclusion
According to the experts, this is just the beginning. Step by step, we are approaching our long-awaited dream of a metaversal reality. We firmly think that humanity’s future lies in turning entirely cashless and that every person, celebrity and commoner alike, should embrace digitalization. In terms of investing, the NFT Market is a goldmine, and we urge you to join this crusade for your own benefit. Create your own NFT Marketplace today and explore the world of endless opportunities. Choose intelligently, choose NFTically.
Related Posts
The Evolving Landscape of NFTs: A Glimpse into 2024
Introduction As we stride into 2024, the captivating world of Non-Fungible Tokens (NFTs) continues to redefine digital interactions, presenting new opportunities and reshaping how we perceive and engage with digital assets. Now, let’s take a…
- December 15, 2023
NFT Trends to Shape 2024: A Deep Dive into the Future of Digital Assets
As we approach the precipice of 2024, the world of Non-Fungible Tokens (NFTs) stands on the brink of revolutionary transformations.The anticipation is high for the trends that will redefine the NFT landscape in the coming…
- December 5, 2023
Recent Posts
- Revolutionizing AI Clones: Sunny Leone Teams Up with Kamoto.AI for an Unprecedented Debut
- The Evolving Landscape of NFTs: A Glimpse into 2024
- NFT Trends to Shape 2024: A Deep Dive into the Future of Digital Assets
- The Gaming Revolution: NFTs Level Up the Player Experience
- NFTs and Intellectual Property Rights: Navigating Legal and Ethical Challenges
Recent Comments
Archives
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
Categories
- $ECOM
- 3D NFTs
- AI Characters
- Airdrpos
- Bitcoin
- Blockchain
- Blockchain Technology
- Buy NFTs
- Buying
- Crypto Collectibles
- Crypto Wallet
- Cryptocurrency
- Cryto Mining
- Digital Art
- Digital Assets
- Ethereum
- FAQs
- Features
- Generative Art Nfts
- ICO
- Invest in NFT
- Learn
- Metavatars
- Metaverse
- Minting
- NFT
- NFT 2.0
- NFT Art
- NFT Art Finance
- Nft auction
- NFT Communities
- NFT Crypto
- NFT crypto art
- NFT Drops
- NFT Games
- NFT gaming
- NFT Marketplace
- NFT Memes
- nft project
- NFT Royalties
- NFT Staking
- nft stocks
- NFT Store
- NFT Taxes
- NFT Trading Cards
- NFT Wallet
- NFTICALLY
- NFTs
- Non fungible tokens
- Non Fungile Tokens
- Ordinal NFTs
- Physical Assets
- Press Release
- Selling
- Solution
- Stablecoins
- Store
- Tensor Nfts
- Top Cryptocurrencies
- Uncategorized
- Web 2.0
- Web 3.0
- white label nft marketplace