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FTs have recently become common, not only among digital musicians, but also among a number of billionaire enthusiasts in the industry. As a result, token sales have reached the millions in recent months.
Media personality and businesswoman Paris Hilton is no stranger to the same. Speaking to a CNBC correspondent recently, Hilton discussed her journey navigating the industry’s several NFT businesses and her latest investment drive towards cryptocurrencies.
As far as NFTs are concerned, this isn’t the first time Hilton has been involved either. According to a tweet published by Hilton, she auctioned off a digital painting of her cat for 40 ETH—worth around $17,000—on the recently launched Ethereum-based auction platform Cryptograph.
What’s more, in a now-deleted tweet from September 2017, she had claimed, “Looking forward to participating in the new LydianCoinLtd Token” sale. Here, it’s worth noting that the tweet was suffixed with a “ThisIsNotAnAd” hashtag.
The business-savvy Los Angeles native is also preparing to present her first airdrop of non-fungible tokens (NFTs) this month after collaborating with some “incredible artists.”
Almost overnight, NFTs have taken the art, sports, and entertainment worlds by storm. Only last month, musician Grimes sold her artwork for a cool $6 million, while Hollywood actress Lindsay Lohan, rapper Ja Rule, and Mark Cuban also cashed in on their NFTs.
The interview in question also touched upon Bitcoin. When asked about it, the fashion mogul claimed,
“Yes. I’m very, very excited about that as well. It’s definitely the future.”
Hilton also went on to claim that she has been an investor in Bitcoin “for a while.”
Other celebrity crypto-enthusiasts have boarded this ship as well. Famous former boxer and social media star Mike Tyson, for instance, recently partnered with a Bitcoin ATM manufacturing company.
What’s more, while appearing on the Joe Rogan podcast, Kanye West also expressed his support for the most popular crypto, noting that Bitcoin “is the true liberation of America.” West added that BTC creates a new highway capable of creating “the next frontier of humanity.”
While everyone is celebrating the buzz around Bitcoin, Twitter celebrity and Barstool Sports founder Dave Portnoy is one of the many who has regretted selling his Bitcoins. Needless to say, the Barstool Sports founder was one of the many “weak hands” the market has shaken off over the past few months.