Most Influential 2021: Random Celebrities Who Discovered Crypto

Most Influential 2021: Random Celebrities Who Discovered Crypto

Cryptocurrency Uncategorized
December 10, 2021 by Mitchell Jhon
14
In 2017, during the unmoored initial coin offering (ICO) boom, celebrities were paid shills. Remember when Dennis Rodman promoted Potcoin in North Korea and DJ Khaled endorsed Centra’s ICO? This year, celebrities also jumped the bandwagon, but in a somewhat more wholesome way, promoting the emergent world of non-fungible tokens (NFTs) and decentralized autonomous organizations

In 2017, during the unmoored initial coin offering (ICO) boom, celebrities were paid shills. Remember when Dennis Rodman promoted Potcoin in North Korea and DJ Khaled endorsed Centra’s ICO? This year, celebrities also jumped the bandwagon, but in a somewhat more wholesome way, promoting the emergent world of non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs). This also drew jeers, but the impact of celebrities in moving mainstream audiences to crypto was undeniable. Musicians like 3LAU made the case for NFTs, while hotel heiress Paris Hilton was a surprisingly eloquent advocate for crypto.

(Kevin Ross/CoinDesk)

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Add a comment