IOI
The NFT boom swept through the art, sports, and entertainment worlds almost overnight. It started with none other than Logan Paul, who was just voted the second most hated person on the internet. But hate and power aren’t mutually exclusive.
While NFTs have remained a mystery to many, they stand as a way of providing proof that a digital artwork is owned. They do this by logging their ownership on blockchains, the online database that underlies cryptocurrencies such as Bitcoin.
Known as NFT, this marketing scheme offers artists a new platform to sell digital art online, with music stars like Paris Hilton Snoopdog, Elon Musk and Nucleya already on board.
Celebrities who got NTF’s to the main stream
As many crypto bloggers have pointed out, Paris Hilton already released an NFT last year. In August 2020, the socialite auctioned a drawing of her cat on NFT platform Cryptograph and donated the proceeds of the 40 ETH sale (then worth $17,000) to charity.
Crypto.com announced today that Snoop Dogg will debut his first NFT collection on Crypto.com/NFT entitled “A Journey with the Dogg”. The collection incorporates memories from Snoop Dogg’s early years with art inspired by the Brooklyn graffiti movement. The track “NFT” is an instant classic that may define the movement. The collection will release on April 2nd at 4pm PT for 24 hours. Only eight pieces will be available in limited edition, with only one piece going up for auction, and another – “Snoop Dogge Coins” – available for an hour only.
A techno song created by Elon was released on Twitter with these lyrics: “NFT for your vanity. Computers never sleep. It’s verified. It’s guaranteed.”
In addition, there is a futuristic video loop which shows a trophy labeled “Vanity Trophy,” with the term “NFT” at its top and “HODL,” a reference to the cryptocurrency term meaning to hold a coin rather than sell, repeated across the bottom.
As of Tuesday morning, the highest offer for Musk’s tweet was from Sina Estavi, CEO of Bridge Oracle, for $1.12 million (users on the platform must log in using their Twitter accounts in order to verify that tweets listed for sale are from their true creators).
Other pop musicians such as Nucleya also considered publishing their own NFT music. The musician tweeted: “The crypto space sounds interesting. Thinking of doing an NFT drop, thoughts?” Sources close to the musician indicated he would release an NFT song by the end of the month.
You can check out this video to find out if your favourite celebrity is in the list
