Celebrities and the non fungible tokens (NFT) industry


By FintechNews Staff

-The popularity of NFTs is rising with each week that goes by. NFTs, or non-fungible tokens, are an easy way to sell and transfer ownership of online art using blockchain technology.
-Q3 for the NFT industry crosses $10 Billion.
The celebrities owe to be a major reason for the surge of the NFT industry. Almost all celebrities from all trades, be it the arts, music, fashion, Cinema, Sports , everyone are into the NFt industry.
In many cases, celebrities either bring out their own NFTs and often acknowledge or promote one created by others based on them. The celebrity fame and fan followings often determine the hype and epic rise of any celebrity based NFTs.
-First on the list of NFT collectors is Snoop Dogg. He has an NFT collection that is currently worth over $17 million in Ethereum.
-Buying the digital signature of an athlete is quite convenient, as there is no way for it to get lost or damaged, and its authenticity can always be verified via blockchain technology. The platform called Autograph specializes in selling celebrity autograph NFTs. Usain Bolt and Tiger Woods are among the celebrities offering their autographs for sale on the app.
Lindsay Lohan sold her first NFT on Rarible for US$57,290 in February. In a recent interview, she states the reason she is so involved in NFTs is because she sees it as the future for Hollywood.
Twitter CEO Jack Dorsey sold his first-ever tweet as an NFT for almost US$3 million.
-Top model Kate Moss teamed up with art collective MITNFT to mint three videos of herself as NFTs—Drive with Kate, Walk with Kate, and Sleep with Kate—offering glimpses into some of her most intimate moments.
To go deeper on these subjects:
A Variety of Popular Celebrities Are Selling NFT Collections and Raking in Millions  
Famous Celebrities Involved In The Nft World



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