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Which celebrities have joined and left cryptocurrencies in 2022?

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The crypto world is still developing at lightning speed. Adoption of projects based on blockchain technology has increased tremendously in 2022, and this is in part due to the celebrities who have contributed to it. Thanks to these well-known people, crypto-related projects reached a wide audience, through their social media accounts and the many media outlets who wrote about them.

Developments in cryptocurrencies, non-fungible tokens (NFTs) and metaversal platforms have led to new ways people can earn money and alternative methods to consume art and entertainment. They have also led to innovative ways for people to communicate and interact with each other online. For example, people can even connect with their idols on this digital hangout. But are there still celebrities in the world of cryptocurrencies? In this article, you can find out all the celebrities’ activities in 2022.

Are NFTs trendy or are they still in demand?

Many celebrities were active in the field of NFTs in 2022. This digital proof of ownership of unique items registered on the blockchain was used for various purposes. For example, Muse, an English band, released an NFT album, with only 1,000 NFTs available. Aside from NFTs representing music property, celebrities mostly focus on digital images like NFTs.

For example, in 2022, boxer Floyd Mayweather released his NFT Mayweverse collection, which comprises 5,000 unique NFTs. In addition to launching their own NFT collections, many celebrities have also been used to promote other collections. For example, the Lucky Block NFT collection was promoted by model Jamie Jewitt and boxer Dillian Whyte.

Additionally, Cristiano Ronaldo has partnered with Binance in 2022. The Portuguese football star will launch his own NFT collection on the exchange’s NFT market. This collection captures Ronaldo’s legacy on the blockchain and it’s not excluded that more collections will be released in the future.

Celebrities and their interest in BAYC NFTs

The Bored Ape Yacht Club (BAYC) NFT collection was launched in 2021 and has become a very popular project in a short period of time. This was in part because so many celebrities invested in the project. Even in 2022, it turns out that celebrities are still willing to pay high sums for a JPEG. For example, Brazilian soccer player Neymar bought two BAYC NFTs in the first month of 2022.

He wasn’t the only celebrity, as Paris Hilton also got a copy of the collection in the same month. However, hodling is not in every celebrity’s dictionary as some celebrities also sold their BAYC NFT in 2022. For example, American football player Andrew Sendejo sold his BAYC NFT in February 2022 and Shaquille O’Neil followed the example a few months later, selling his Mutant Monkey.

Is the metaverse still popular in 2022?

In the fall of 2021, there was a lot of hype surrounding metaversa platforms when Mark Zuckerberg announced that Facebook was being rebranded as Meta and the company was focusing on the next iteration of the internet. As a result, various cryptocurrencies related to the metaverse skyrocketed and interest among celebrities rose along with the price.

The metaverse, also known as the virtual world, is an increasingly popular concept where people can move and socialize in digital environments. In 2022, several celebrities were found to be active in the metaverse and created their own unique digital avatars.

In addition, investing in the metaverse also continues to interest many celebrities. Phil Jones, Manchester United’s English defender who has barely seen the field for more than three seasons, invested in the metaverse in 2022. Along with the Antourage media platform, the player launched his own metaverse project.

David Beckham, another English footballer, who also played for Manchester United, has found his way into the metaverse. David Beckham became an ambassador in 2022 for DigitalBits, a blockchain platform that focuses on various blockchain applications.

Sergio Kun Agüero, another famous soccer player, entered the metaverse in 2022. The former Manchester City, Atlético de Madrid and Argentina national team player launched his own metaverse experience. This was done in collaboration with The Sandbox (SAND). Agüero’s metaverse, called Kuniverso, is a perfect opportunity for fans to meet their idol. There are also special NFTs you can use in this metaverse, with the collection totaling 9,320 Kun NFTs.

concerts in the metaverse

The metaverse is a unique place for fans and artists to interact. As a result, shows in the metaverse are immensely popular, with numerous shows and other activities featuring celebrities in 2022.

An example of one such celebrity is pop star Taylor Swift, who held her own digital concerts in the metaverse in 2022. Fans can create their own avatars and go to the virtual concerts to hear Taylor and interact with other fans.

Popular gaming platforms such as Roblox and Fortnite also keep abreast of technological developments and regularly hold concerts. For example, Charli XCX filmed a concert on Roblox on June 17, 2022. British singer-songwriter, born Charlotte Emma Aitchison in 1992, became known for her electronic music and has released several hit singles and albums.

Furthermore, there were several Hypetype Metaverse concerts in 2022 attended by many celebrities. These shows included performances by Dimitri Vegas & Like Mike, Wolfpack and Thai rapper BamBam.

Which celebrities were involved with cryptocurrencies in 2022?

Despite the cryptocurrency market being extremely bearish in 2022, there are still celebrities who trust cryptocurrencies. For example, Mike Tyson, the famous boxer and former world heavyweight champion, has expressed his interest in cryptocurrency and blockchain technology. He has joined the Solana Foundation, a non-profit dedicated to the development and adoption of Solana, and announces several projects developed on the Solana blockchain.

On the other hand, many celebrities also got rid of their investments in cryptocurrencies in 2022. For example, Tesla, Elon Musk’s company, sold a large amount of Bitcoin in 2022. In March 2022, Musk said that he would not sell Bitcoin (BTC) ), but a few months later, he sold 75% of his Bitcoin holdings.

As second-quarter profits plummeted and the Shanghai plant had to be closed, Musk didn’t want to take any chances. Both the developments at Tesla and the drop in the price of Bitcoin meant that Musk saw no other way out than to sell a large part of the position.

These developments stand in stark contrast to the events of 2021, when Musk turned the cryptocurrency market completely upside down. In early 2021, he announced that Tesla had purchased Bitcoin worth $1.5 billion. This news caused the price of Bitcoin to explode. In addition to the positive effect on the price of Bitcoin, Musk was also one of the causes of the sharp drop a few months later. His criticisms of the power consumption of the proof-of-work (PoW) consensus system on which Bitcoin runs caused the price to halve.

The next co-founder to leave Ethereum

Not only celebrities sold their cryptocurrencies, but a well-known person in the crypto scene also announced his departure. Anthony Di Iorio is one of the co-founders of Ethereum and has announced that he is leaving the world of cryptocurrencies.

However, in the fall of 2022, Di Iorio announced his new challenge in blockchain technology. With his company, called Andiami, he wants to promote decentralization through hardware. This makes Di Iorio the next co-founder to leave Ethereum. In the past Charles Hoskinson, Gavin Wood and Joseph Lubin preceded him. They founded Cardano, Polkadot and Infura respectively.

Which celebrities are involved in the FTX debacle?

Musk not only partially withdrew from the cryptocurrency market, but also a group of celebrities who were ambassadors for the FTX exchange. Big names such as Stephen Curry and Tom Brady were associated with the bankrupt FTX exchange. Brady and his partner, Gisele Bündchen, even invested in FTX.

In addition to Curry, Brady and Bündchen, Naomi Osaka, Larry David, Udonis Haslem, David Ortiz, William Trevor Lawrence, Shohei Ohtani and Kevin O’Leary were also involved in the scholarship as FTX ambassadors. FTX has sponsored several sporting events, so the link to many top athletes is quickly established as well.

Whether these celebrities will leave the cryptocurrency world behind cannot be said for sure. However, O’Leary has made it clear in the past that he invests in cryptocurrencies. Furthermore, Curry has launched his own NFT collection and also owns a BAYC NFT.

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