It’s no longer surprising that the latest epidemics that dominate the world are coming from crypto space, and last year the popularity of non-fungible tokens, or NFTs, skyrocketed. From celebrity tweets and videos promoting NFTs to thousands of fans buying products for sale, NFTs have exploded in popularity and price over the past year.
NFTs are blockchain-based assets and are unique due to the identification information recorded in smart contracts. Today, celebrities are using NFTs to tokenize everything from music, photography to artwork. This is some of Hollywood’s biggest celebrities who participated in and used the NFT Marketplace.
Rapper Snoop Dogg has released an NFT collection called “A Journey with the Dogg” featuring early Snoop memories, NFT-inspired artwork, an original track called “NFT”, and “Snoop Dogge Coins”. did. Snoop Dogg earns over $ 100,000 on just one of the pieces sold.
Pop culture queen and entrepreneur Paris Hilton dropped her first NFT at Super Plastic, a vinyl toy and digital collection company backed by Google Ventures and Justin Timberlake. Hilton sold her iconic Cryptographic Queen NFT for $ 1.1 million in April 2021 and has a collection of 141 pieces.
Musician Grimes has sold her unique digital artwork worth $ 6 million. Grimes was one of the first famous celebrities to monetize non-fungible tokens that make millions of money from their own collection of digital art. Her 10 War Nymph collections have made Grimes one of the best-selling NFT creators who have succeeded in creating high demand for her collection.
Lindsay Lohan, the star of the popular American actress Mean Girls, reportedly launched her own token on Rarible in February 2021 and sold for $ 50,000. Rohan has released the single “Lullaby” as an NFT on her decentralized social marketplace Fans forever. In addition, Rohan sold the currently disbanded EDM duo Daft Punk NFT for $ 15,000.
Musician Shawn Mendes participated in the NFT marketplace OpenSea and launched NFT with Genies based on his album “Wonder”. Musicians introduced digital wearables such as guitars, necklaces, vests and earrings. These are available for purchase and Mendes has earned over $ 600,000. Akash Nigam, CEO of Genies, shared that Shawn Mendes achieved sales of approximately $ 1 million in digital products in 10 minutes.
The author, an American supermodel, has launched her own NFT, “Buying Myself Back: A Model for Redistribution.” The supermodel regained the controversial photo by allowing artist Richard Prince to control his image after placing the model’s image on the canvas. She bought it from Prince for $ 81,000. She took a picture of herself in front of her canvas. Digital image files were sold as NFTs for $ 140,000.
Eminem, an American rapper, songwriter and record producer, launched the first NFT set at Nifty Gateway last year, raising $ 1.8 million. Items sold included digital action figures, Eminem video characters, and original instrumental trucks.
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