The Popularity of NFTs (Non Fungible Tokens) is quickly growing and this is in part due to the number of celebrities who are getting involved in it. These celebrities either buy NFTs that other people have created or produce and sell their own. Below I will tell you about three of these celebrities and how they are involved in the NFT World.
Kevin Hart :
Kevin Hart will reportedly be getting involved in the NFT world by creating and selling his own. Starting from July his fans will be able to purchase NFTs from his collection of ten thousand. These NFTs will be allegedly sold for approximately sixty five dollars each. This move is expected to bring in up to six hundred and fifty thousand dollars worth of revenue.
Snoop Dogg :
This may surprise you but it's true, Snoop Dogg is currently a part of the NFT world among his many other big investments.
One of Snoops Dogg's first NFT collection's called "Journey of the Dogg" had one of it's tokens sell at auction for over a hundred thousand dollars. He also expressed his plans to turn a record label that he acquired into an "NFT Lable".
John Terry :
While a lot of celebrities are involved in NFTs, not all of their collections succeed. Unfortunately Chelsea legend John Terry's NFT collection has crashed losing up to ninety nine percent of his collection.
My Opinion :
As we can, just because celebrities are getting involved in NFTs, it doesn't mean that the NFTs they create will be worth a lot of money or even succeed. Which is why it's important to be careful of whose NFTs you buy. Always do detailed research and get information from reliable sources before making a purchase.
What do you think of these observations, tell me in the comments section and follow for more lifestyle news as it happens.
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