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Tag: Paris Hilton

  • NFT frenzy not cooling down: New players in market

    NFT frenzy not cooling down: New players in market

    The technology of non-fungible tokens has revolutionized the creation of content. It enables artists to crowdfund their projects through tokenization before their creation. NFTs are, primarily, representations of tangible or non-tangible objects like digital art, collectables etc. The pandemic has served as a big push towards technology as more and more people went online to sought entertainment.

    NFT is becoming an increasingly popular segment of the cryptocurrency world because of the realm of unlimited possibilities it provides. From celebrities like Paris Hilton & Lindsay Lohan jumping in on the NFT craze to heritage brands, everyone wants a piece of the novel technology.

    Gucci, the women’s luxury brand, has also confirmed its intentions of diving into the NFT world in order to appeal to the younger audience more. Another key player, Playboy – an American men’s lifestyle brand – has announced a partnership with Nifty Gateway to enter the NFT world.

    Saturday Night Live (SNL) sold a skit by the title of “What the hell’s an NFT?” for around $360,000 with all the proceeds going to charity aimed at reducing hate crimes against Asians and Pacific Islanders.

    With the NFT craze reaching new highs, some skepticism has also been brewing. Peter Wood, CEO of a UK-based crypto trading platform, confirmed the suspicions of the NFT frenzy being a bubble. However, Wood believes the technology of NFTs is solid and like the 2018 bull run, NFTs are going to rise again stronger.

  • Celebrities jumping on the NFT bandwagon: Paris Hilton & her NFT enthusiasm

    Celebrities jumping on the NFT bandwagon: Paris Hilton & her NFT enthusiasm

    Paris Hilton had been one of the most vocal celebrity figures when it comes to cryptocurrencies. The entrepreneur cum socialite is bullish on the crypto market. Paris Hilton dropped a blog on her Twitter handle titled “I’m Excited about NFTs – You Should Be Too”. In the detailed blogpost, Hilton went on about how NFTs enables, innovates and empowers. The businesswoman further teased the audience with her upcoming NFT project and chose to not disclose any details.

    Hilton also delved into the NFT world more deeply starting from what non-fungible tokens are to the value they can add to artists and the unlimited opportunities that lie ahead in the NFT sphere. Per the actress/model, NFT’s are “the future of the creator economy”.

    This is not the first time Hilton has vocalized her enthusiasm about the crypto sphere. In an interview with CNBC, Paris Hilton called Bitcoin “the future”. The heiress showed her enthusiasm and excitement about cryptocurrencies and confirmed that she has been in the sphere for quite a while. Hilton has also changed her profile picture to laser eyes which depicts her expectations of Bitcoin crossing $100,000.

    Hilton has been an avid support of Justin Sun and his Tron cryptocurrency. In a reply to a tweet by the Tron founder, the Hilton heiress talked about another dive into the NFT world after her first NFT launch last year which won the NFT Charity Award. She also hinted towards launching her NFT on the Tron block chain – asking Justin Sun to be ready.