The excitement surrounding NFTs and the crypto community in the past year has attracted numerous well-known celebrities to it. Despite the prolonged market downturn and price decrease, stars still support the Bitcoin industry today.
Celebrities have started looking at the cryptocurrency market to increase their access to trading and other financial investment opportunities. Let’s take a closer look at some notable celebrities who have recently entered the cryptocurrency space.
- Connor Mc Gregor
Connor McGregor, a renowned UFC champion, recently became an ambassador for Tiger.Trade. It is a consumer trading platform governed by Swiss laws. Tiger.Trade was founded in 2015 and gives clients access to a wide range of assets through its desktop and mobile apps, including equities, commodities, and bonds. With the addition of the company’s financial solutions for skilled veterans and retail clients, the main objective of this partnership is to boost brand awareness.
As part of the agreement, McGregor will also appear in a house game that customers can play to earn special prizes. Before joining Tiger.Trade, McGregor’s only genuine exposure to cryptocurrencies came via the UFC’s alliances with Crypto.com, which awarded fighter bonuses in cryptocurrencies.
The game launch received praise from gamers for its aesthetics and prizes, but it also received criticism for lacking a plot. In addition, in contrast to the majority of other prominent UFC fighters, McGregor has not tied his image with now-defunct NFT projects, and he does not reveal his crypto investment choices to the public eye.
Eminem has also become a part of the crypto gang. His Twitter profile photo demonstrates that he is a proud owner of the Bored Ape Yacht Club (BAYC). He bought the avatar in 2021 with 123.45 ETH worth $452,000. He is also reported to have purchased 26 additional NFTs on OpenSea under the title “Shady Holdings.”
The NFT known as EminApe depicts an ape looking like Eminem while wearing khaki-colored army-inspired headgear and a gold chain. The digital art was offered for sale by GeeGazza, a BAYC member, who was ecstatic when Eminem purchased the NFT.
Eminem’s first involvement with cryptocurrencies was in 2018 when he referenced Bitcoin in his album Kamikaze. The NFT acquisition that followed made headlines as it was a confirmation of his enthusiasm for cryptocurrency ventures. Rap icon and fellow crypto lover Snoop Dogg also appeared in a music video by Eminem with a BAYC-themed NFT that was published in June 2022.
- Maria Sharapova
Maria Sharapova, a tennis legend, is thought to be one of the newest investors in the crypto business. The Grand Slam champion has contributed to the cryptocurrency company MoonPay’s effort to generate money in the form of NFTs to expand content creation and fan support. The other celebs involved in this endeavor include Justin Bieber, Bruce Willis, and Snoop Dog.
MoonPay is a firm that offers the necessary payment network for NFT and cryptocurrency transactions. But, it believes that to promote their work and interact with followers, content creators should use NFTs more frequently. This is how the business aims to succeed with the help of Sharapova and other famous people.
Over 60 famous people and celebs from the sports, musical, journalism, and recreational industries teamed up to commit $87 million in November 2021. Sharapova was known to have ventured into the vast world of cryptocurrencies with this hefty investment.
- Snoop Dogg
Many people have been looking for ways to make money via Web3. However, renowned rapper and NFT owner Snoop Dogg appears to have discovered his groove and is leading the market. The expert on cannabis and NFT revealed that he had joined the digital gaming and lifestyle community FaZe Clan to foster the synergy between musicians and games.
Snoop Dogg’s involvement with digital collectibles has improved his reputation in the Web3 industry, and experts view him as a leading voice in the field. The rapper, along with Elon Musk and Gene Simmons, entered a Dogecoin meme fest on Twitter at the start of 2021. Dogecoin’s price increased by 22% five hours after Snoop tweeted about the Shiba Inu that served as the currency’s inspiration. He also introduced his line of branded collector NFTs in 2021, along with an NFT partnership with the people behind the well-known meme Nyan Cat, which earned $35,000 at an auction.
Lately, Snoop Dogg revealed Bored and Hungry, which is a new eatery located in Los Angeles having BAYC NFTs as an inspiration for the menu. He still expresses affection for the crypto environment despite the downtrend in NFTs.
- Floyd Mayweather
Floyd Mayweather, who is a notoriously famous boxing star, marked his introduction to the crypto world in 2018 by endorsing Centra Tech, which was a well-known cryptocurrency scam. Mayweather and DJ Khaled, the co-promoter, had to pay hefty fines due to the legalities of promoting unverified cryptocurrency schemes.
Mayweather began a brand-new NFT project called Mayweverse in March 2022, comprising 5,000 NFTs. Unfortunately, the boxer’s past involvement in fraudulent projects has caused disagreements among his supporters and the general public about the new cryptocurrency endeavor.
As the crypto sphere continues to grow and new trends become the norm, more and more celebrities and stars from all fields, from entertainment to news, are expected to invest in this sector because it promises significant gains and fame.