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Celebrities are Cashing in on NFTs

Marion Charatan

Posted on December 17, 2021 13:49

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It's possible to get anything online. Celebrities are promoting their digital media tokens. But do you really need them?

Nothing surprises me anymore--not a thing! Recently, I read that a reality star is peddling her farts (you read it right!) in a jar that's up for sale on Ebay. Augh!

I can't imagine, on my very worst day, whipping out my credit card to buy someone's dispelled gas, even if I had a gas mask on and I was a fan Stephanie Matto of the 90 Day Fiance franchise.

Matto justified it by claiming it's just a token--a glass jar with holly and something on the bottom to mask the odor. For those who have a fetish, her items up for grabs might not be a deal-breaker. And what would YOU do to earn $100,000 in a month?

Celebrities are making a fast buck is by selling NFTs--that is, non-fungible tokens. If you haven't heard of it, an NFT is an asset that is a digital representation of existing artwork, music, videos, or a person. 

Ex-First Lady Melania Trump has jumped on the bandwagon. The former FOTUS approved the sale of a 'Melania's Vision.' You can say 'the eyes have it.' Mrs. Trump OK'd artist Marc-Antoine Coulon's representation of her blue eyes to be sold as a digital item. She added a 'message of hope.' The price tag-- $150; by credit card or 1 SOL cryptocurrency. It is in limited edition. 

Mrs. Trump said some of the profits will go to 'Be Best, ' toward helping orphaned children. In a press release, she wrote, "I am proud to announce my new NFT endeavor, which embodies my passion for the arts and will support my ongoing commitment to children through my Be Best initiative. Through this new technology-based platform, we will provide children computer science skills, including programming and software development, to thrive after they age out of the foster community."

Melania is not the only one cashing in on NFTs. Justin Bieber and Lindsay Lohan, among others, have jumped on the gravy train, too. Personally, I do not think I'd be comfortable selling an NFT with a logo connected to me. But it's hard to say definitively though because I'm not in that elite group. What would anyone do if they were allowed to make very quick cash? 

This all reminds me a bit of the pet rock craze. People were frantically buying them up in the mid-70s, but it seemed like a waste of money to me back then. However, Gary Dahl became a millionaire by creating painted rocks you could have as pets you didn't have to feed or walk. Who knew?!?

Everything is digital, but I prefer buying art or music in a more traditional format.  Of course, if this method gives artists a way to make a living, that's a good thing so I'm not completely against it.  But for me, I'll pass. 

Marion Charatan

Posted on December 17, 2021 13:49

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