What celebrities are onto the NFT art trend? Twitter’s Jack Dorsey sold his first tweet for millions and Tesla CEO Elon Musk nearly auctioned a techno song – his girlfriend Grimes has already made millions, after all
As the craze for crypto art continues, celebrities, billionaires and influencers are getting in on the trend and selling some of their own.
NFTs, or non-fungible tokens, have allowed artists to sell their digital work for thousands and even millions of dollars. They’re gaining popularity as NFTs – which are generally digital assets that operate as a type of collector’s item and can’t be duplicated – are now a more than US$1 billion market.
Billionaire and Shark Tank star Mark Cuban sold an NFT of a motivational quote, that read, “Nobody ever changed the world by doing what everyone else was doing – Mark Cuban.”
As for the music industry, Shawn Mendes teamed up with Genies, which makes 2D avatars, to make virtual versions of his guitar and gold ring and sell them as NFTs, Rolling Stone reported.
Hoping to get rid of bad vibes from his Fyre Festival days, rapper Ja Rule auctioned an oil painting that once hung in Fyre Media’s office as an NFT on a new platform Flipkick, and offered to sign it for the purchaser.
Other musicians have joined the trend as well. Kings of Leon was the first band to sell an entirely new album, titled “When You See Yourself”, as an NFT, Rolling Stone reported. And in a tweet, DJ Steve Aoki announced his first-ever NFT collection.
In the sports world, Tampa Bay Buccaneer Rob Gronkowski, aka the Gronk, announced on Twitter he’d be launching an NFT collection of his very own. Four pieces of art commemorate his championship wins and one is a career highlight of him, according to his website. Kansas City Chiefs’ quarterback Patrick Mahomes sold millions of dollars worth of NFTs in just minutes, ActionNetwork reported.
As for influencers, Paris Hilton sold a cat painting for US$17,000, Decrypt reported. And Lindsay Lohan sold her “Lightning” NFT for US$50,000 and promised to donate the funds to charities that accept cryptocurrency, according to Decrypt.
With a lot of money to be made in NFTs, internet influencers are likely to continue joining the space. So far, YouTube stars like Logan Paul and Zach “ZHC” Hsieh have already begun experimenting with the trend.
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This article originally appeared on Business Insider
- NFL star Rob ‘The Gronk’ Gronkowski just announced his first NFT (non-fungible token) collection while Shawn Mendes will sell a virtual version of his guitar
- Grimes has made millions from crypto art, Paris Hilton sold a cat painting for US$17,000, and Lindsay Lohan sold an artwork for US$50,000