Katy Perry, Ashton Kutcher, Floyd Mayweather: Which celebs actually know crypto?
Such celebrities like Ashton Kutcher and Nas are the exceptions as opposed to the rule, because majority of the celebrities who do associate themselves with crypto do more with regards to shallow marketing and advertising endorsements. And there have been no shortage of them in recent years: Paris Hilton, Floyd Mayweather, DJ Khaled, Steven Seagal, The Game, T.I, Harry Redknapp, Ghostface Killah, Lionel Messi, Luis Suarez, Akon, Dennis Rodman and Shahbaz Khan have all rented out their names to cryptocurrency jobs one band or another.
And what is intriguing to note about these endorsements is they were all for jobs which were either prone to neglect or downright deceptive. Put simply, the differentiation between celebrity investments and celebrity endorsements supplies a rule of thumb. In general, a celebrity will invest their very own money at a crypto related job because they really think it provides value and will succeed as a business proposal. However, their willingness to be paid for their endorsement, of a job clearly has no bearing on whether they believe in it, because they may get paid irrespective of its success.
It is for this reason that human investors and traders will be better off paying more attention to crypto investment than to endorsements. But even when the number of celebrities who've invested in crypto jobs can probably be counted on some palms, there are a number of celebrities that, as opposed to getting involved especially in venture capitalism, have sought to invest in Bitcoin, Ether or any other cryptocurrency due to their very own personal advantage. These include the likes of Twitter Chief executive officer Jack Dorsey, actor Hugh Laurie, rappers 50 Cent and Snoop Dogg, singer Mel B, actor Drew Carey, football player Richard Sherman and musician/actor Donald Glover.
Once more, that these individuals are public figures with thousands or millions of admirers is largely a Fantastic thing for cryptocurrency, because their excitement for crypto is likely to rub off on their fans.
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