BitcoinWorld

Blockchain News

Which Celebrities Joined and left Crypto in 2022?

Celebrities are joining blockchain every month, including athletes, actors, models, and musicians. Will 2023 follow suit?

Crypto is evolving rapidly. Celebrities helped boost blockchain project adoption in 2022. Through their social media accounts and many news outlets, these celebrities have helped crypto-related projects reach a large audience.

Cryptocurrencies, NFTs, and metaverse platforms have created new ways to make money and enjoy art and entertainment. They have also created new online communication methods. This digital meeting place lets fans meet their idols. Any crypto celebrities left? This article lists 2022 celebrity events.

Celebrities participated in NFTs in 2022. This blockchain-recorded proof of ownership of unique items was used for various purposes. English band Muse released a 1,000-copy NFT album. Celebrities mostly use NFTs for digital images and music.

In 2022, Floyd Mayweather released his 5,000-NFT Mayweverse collection. Celebrities promoted other NFT collections as well as their own. Model Jamie Jewitt and boxer Dillian Whyte promoted Lucky Block NFT.

In 2022, Cristiano Ronaldo joined Binance. The NFT marketplace will feature the Portuguese soccer star’s NFT collection. This collection immortalizes Ronaldo on the blockchain, and more collections may follow.

The 2021 Bored Ape Yacht Club (BAYC) NFT collection became a hit quickly. Celebrities contributed to this. Celebrities paid high prices for JPEGs in 2022. In January 2022, Neymar bought two BAYC NFTs.

Paris Hilton also got a copy from the collection in the same month. Some celebrities sold their BAYC NFT in 2022. In February 2022, American football player Andrew Sendejo sold his BAYC NFT, and Shaquille O’Neil sold his Mutant Ape a few months later.

In the fall of 2021, Mark Zuckerberg announced that Facebook was rebranding as Meta and focusing on the next internet. Metaverse platforms were hyped. Thus, metaverse-related cryptocurrencies soared and celebrities became interested.

People are increasingly moving and socializing in the metaverse, or virtual world. Several celebrities created their own digital avatars in 2022.

Celebrities also like metaverse investing. In 2022, Manchester United defender Phil Jones invested in the metaverse. The footballer created a metaverse with Antourage.

David Beckham, another Manchester United player, has entered the metaverse. David Beckham became a 2022 DigitalBits ambassador.

In 2022, soccer star Sergio Kun Agüero entered the metaverse. The ex-Manchester City, Atletico Madrid, and Argentina footballer has created his own metaverse. The Sandbox assisted. Fans can meet Agüero in the Kuniverse. This metaverse has 9,320 Kun special NFTs.

The metaverse connects fans and artists. Thus, metaverse concerts and other celebrity events are extremely popular in 2022.

Taylor Swift held metaverse concerts in 2022. Taylor fans can create avatars and attend virtual concerts with other fans.

Roblox and Fortnite host concerts and keep up with technology. On June 17, 2022, Charli XCX performed at Roblox. Charlotte Emma Aitchison, a British singer and songwriter born in 1992, has released several successful singles and albums of electronic music.

In 2022, celebrities attended several Hypetype Metaverse Concerts. BamBam, Dimitri Vegas & Like Mike, and Wolfpack performed at these concerts.

Celebrities still believe in cryptocurrencies in 2022, despite the bear market. Former world heavyweight champion Mike Tyson is interested in cryptocurrency and blockchain technology. He promotes several Solana blockchain projects and joined the nonprofit Solana Foundation.

However, many celebrities sold their crypto investments in 2022. In 2022, Tesla sold a lot of Bitcoin. Musk pledged not to sell Bitcoin in March 2022, but he sold 75% of his holdings a few months later.

Musk was cautious after second-quarter profits fell and the Shanghai factory closed. Musk was forced to sell most of the position due to Tesla’s problems and Bitcoin’s decline.

These events contrast with 2021, when Musk flipped the crypto market. He announced Tesla’s $1.5 billion Bitcoin purchase in early 2021. Bitcoin’s price soared. Musk contributed to Bitcoin’s price drop a few months later. His criticism of Bitcoin’s proof-of-work (PoW) consensus system’s energy consumption halved its price.

Celebrities sold their cryptocurrencies, and a crypto celebrity left. Ethereum co-founder Anthony Di Iorio is leaving crypto.

In fall 2022, Di Iorio announced his blockchain technology challenge. His company, Andiami, promotes hardware decentralization. Di Iorio is the next Ethereum co-founder to leave. He followed Charles Hoskinson, Gavin Wood, and Joseph Lubin. They founded Cardano, Polkadot, and Infura.

Musk and a group of FTX exchange ambassadors left the crypto market. Stephen Curry and Tom Brady were linked to the failed FTX exchange. Brady and Gisele Bündchen invested in FTX.

FTX ambassadors included Curry, Brady, Bündchen, Naomi Osaka, Larry David, Udonis Haslem, David Ortiz, William Trevor Lawrence, Shohei Ohtani, and Kevin O’Leary. FTX sponsors several sports events, so many top athletes are linked to it.

These celebrities may leave crypto. O’Leary has stated that he invests in cryptocurrencies. Curry has a BAYC NFT and his own NFT collection.

 

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.