HomeCryptoCelebrities that rode the crypto wave in 2021

Celebrities that rode the crypto wave in 2021

Overshadowing its glory in earlier years, the crypto ecosystem managed to keep up a year-long highlight all through 2021. Key catalysts embrace mainstream adoption of Bitcoin (BTC), a meme coin frenzy pushed by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive participation from standard celebrities and authority figures.

The yr 2021 witnessed a higher influx of influencers and celebrities to the house than ever earlier than. All the manner from mainstream tech entrepreneurs and presidents to rappers and actuality TV stars, celebrities have gotten concerned in crypto in their very own distinctive methods. While some selected to create their very own variations of crypto ecosystems and tokens, others helped unfold consciousness of varied tasks. 

As a tribute to all those that confirmed involvement in our world of crypto, let’s try a few of the most influential celebrities that left a mark on the crypto ecosystem, in no explicit order.

Snoop Dogg

Legendary rapper Snoop Dogg has at all times been an early adopter and promoter of expertise and life-style merchandise. Although just a little late, the musician entered the crypto house through an NFT collaboration named “Decentralized Dogg.” 

Snoop’s mainstream recognition has additionally led many token creators to market Snoop Dogg-branded cryptocurrencies over the previous few years, however the musician has warned traders of getting no involvement in such tasks.

Nayib Bukele

As the President of El Salvador, Nayib Bukele has been the torchbearer for Bitcoin’s mainstream adoption as a authorized tender. In addition to taking part in a serious position in legalizing Bitcoin and constructing a related infrastructure to assist the Bitcoin financial system, Bukele stays energetic on Twitter to announce the numerous Bitcoin-driven initiatives of his authorities. 

Despite robust preliminary opposition towards Bitcoin’s use, Bukele now procures Bitcoin each time its market worth goes down. Complementing this transfer, the Salvadoran authorities has been reinvesting unrealized positive factors from Bitcoin to fast-track the improvement of the Central American nation.

Elon Musk 

Tesla and SpaceX CEO Elon Musk made his mark on crypto when he began publicly endorsing Dogecoin (DOGE) again in 2020. However, Musk continues to indicate assist for the meme coin by committing to simply accept funds in DOGE for numerous services and products provided by his corporations.

As a results of Musk’s assist, the market worth of the DOGE token has surged multi-fold regardless of being created for the objective of mocking the crypto ecosystem. DOGE’s recognition has additionally sprouted dog-based meme tokens, Shiba Inu (SHIB) being one among the most distinguished. 

Naomi Osaka

Naomi Osaka, a high skilled tennis participant from Japan, introduced her entry into the crypto house after diversifying her portfolio in cryptocurrency, noticing the hype round Dogecoin.

Osaka’s introduction to crypto was fueled by the crypto neighborhood on Twitter. The athlete has additionally launched and promoted numerous NFT initiatives, and in the course of, has made a document as the most costly NFTs being bought by an expert tennis participant.

Lionel Messi

The worldwide soccer legend Lionel Messi was one among the most high-profile gamers to get linked with the crypto ecosystem in 2021. When Messi signed the deal to affix Paris Saint-Germain soccer membership, part of the wage bundle included fee in the membership’s fan tokens. 

Fan tokens are a part of a rising sub-ecosystem that goals to extend fan engagement by permitting them to weigh in on sure membership selections. Other standard soccer golf equipment that have launched fan tokens embrace Manchester City and AC Milan, simply to call a pair.

Mark Zuckerberg

Zuckerberg’s entry into crypto has been long-awaited ever since Facebook launched the white paper for the Libra cryptocurrency again in 2019. Despite federal stress to finish experimentations with crypto, Zuckerberg rebranded his social media firm Facebook to Meta on Oct. 28, positioning itself as an early fowl of the budding metaverse ecosystem.

Meta envisions creating a centralized metaverse world that can function a income supply for on-line creators. Following Zuckerberg’s footsteps, main tech giants together with Microsoft, Epic Games and Alibaba have began exploring enterprise alternatives inside the metaverse ecosystem. 

Kim Kardashian

The buzz round crypto this yr additionally received caught up with Kim Kardashian. The actuality TV celebrity marked her entry into crypto by selling Ethereum Max (EMAX), an untested cryptocurrency token, on her official Instagram account. 

While the transfer to market (or reasonably, shill) a cryptocurrency has change into widespread follow for influencers throughout all demographics, Kardashian’s involvement in selling EMAX backfired as United Kingdom’s Financial Conduct Authority accused her of deceptive followers by selling speculative tokens. The FCA has additionally famous that scammers pay influencers to advertise get-rich-quick schemes and normally find yourself working away with the traders’ cash. 

Kim Kardashian has additionally beforehand used her Instagram account to advertise bodily Bitcoin chips on a charity poker night time out.

Soulja Boy

American rapper Soulja Boy has been one among the most vocal celebrities on Crypto Twitter in 2021. From exhibiting assist for cryptocurrencies and Bitcoin through Twitter to promoting “Crank That”-branded NFTs, Soulja Boy made positive his presence was felt throughout the crypto neighborhood. 

The hip-hop star has publicly disclosed proudly owning Binance Coin (BNB), Tron (TRX) and altcoins. Back in 2018, Soulja Boy launched a tune named “Bitcoin” and even delivered on the tune’s lyrics: “I made a hundred racks off of Bitcoin.”

While the rapper’s entry was welcomed by the neighborhood, he quickly attracted controversy after allegedly revealing getting paid for selling a yet-to-be-established crypto mission.

Paris Hilton

Paris Hilton received in on the NFT wave in 2021. Despite her seemingly late entry, Hilton claims to have invested in Bitcoin and Ether (ETH) again when BTC was valued beneath $1,000.

Moreover, the American character took to Twitter to introduce her two new pets, named “Crypto Hilton” and “Ether Reum.”

Magnus Carlsen

Chess grandmaster Magnus Carlsen is amongst the youthful celebrities to steer the crypto adoption drive through numerous chess-centric occasions and initiatives. In partnership with Chess Champs, an NFT-collectible market, Carlsen and different skilled chess gamers competed for NFT trophies and money prizes in Bitcoin and cryptocurrencies.

The initiatives to introduce the chess neighborhood to crypto had been primarily pushed by FTX, a crypto alternate based by Sam Bankman-Fried. The Norwegian chess participant can be the world’s first Bitcoin chess champion, successful over 0.6 BTC in addition to a money prize in a event hosted by FTX.

Special mentions

Unlike earlier years, when crypto entrepreneurs and lovers did most of the heavy lifting, mainstream celebrities took cost of selling crypto by minting and promoting NFTs — collaborating in occasions hosted in the Metaverse, selling token choices or just exhibiting assist by buying Bitcoin and different cryptocurrencies.

With that in thoughts, we additionally bear in mind a few of the different standard figures delving into crypto. Special mentions embrace:

Randi Zuckerberg

If you assume the title sounds acquainted, that’s as a result of it’s. Meta CEO Mark Zuckerberg’s sister, Randi, entered crypto in November by becoming a member of crypto alternate Okcoin as a model advisory council. 

Randi additionally posted a YouTube video titled “What Are Meme Coins and Tokens in Crypto?” the place she discusses the development of DOGE and SHIB and gives steering to her viewers about making sound crypto investments. 

Indian movie actors

For India, 2021 has been a exceptional yr for mass crypto publicity, as mainstream actors participated in quite a few promoting campaigns and crypto-promoting initiatives. 

The drive for higher crypto penetration in a market with over 1.3 billion individuals was powered by native crypto exchanges together with CoinDCX, WazirX and ZebPay. The corporations partnered with influential celebrities corresponding to Amitabh Bachchan to advertise crypto buying and selling and purchases.

On the flip facet, members of the Indian authorities proposed an anti-crypto invoice that sought to blanket-ban all non-public cryptocurrencies with out clarifying the that means of the phrase “private.” India nonetheless maintains a grey space in relation to deciding on the legality of cryptocurrencies. 

Formula One

The 2021 Formula One World Championship racing noticed elevated participation from the crypto neighborhood as corporations corresponding to Crypto.com, FuturoCoin, Bitci.com, Socios.com and Tezos sponsored groups and supported their environmental and welfare initiatives. 

Previously, the crypto neighborhood has efficiently organized quite a few crowdfunding occasions to assist NASCAR racers get again on observe and take part in skilled races.