In 2021, celebrities have been flocking to the cryptocurrency space in great numbers, and the non-fungible token (NFT) asset craze has swelled with luminaries as well. During the last few weeks, musicians, artists, professional sports players, and more have dipped their toes into the NFT ecosystem.

Celebs Have Noticed the NFT Hype and Want In

Data from nonfungible.com’s market history shows that there’s been 27,850 non-fungible token (NFT) asset sales in the last seven days. The 27,850 sales had settled for $42 million and the average price per NFT sale was $1,520 using March 14, 2021 stats. Now nearly every single day, there’s a new NFT milestone sale, a new celebrity creating an NFT, and a myriad of new NFT markets. The NFT hype also comes with significant controversy as well due to how these pictures, music files, and other types of collectibles are stored. In March, the NFT hoopla has spurred a decent number of celebrities to drop their own non-fungible token assets.

For instance, the NFT market Makersplace has announced that the number one player in the NFL, Kansas City Chiefs quarterback Patrick Mahomes, plans to drop a collection of NFTs.

Kansas City quarterback Patrick Mahomes will be releasing a collection of NFTs on Makersplace on March 17th at 3:30 p.m. (PST).

Mahomes is very popular and in the 2019–20 playoffs, Mahomes led the Chiefs to Super Bowl LIV and the Chiefs beat the San Francisco 49ers. On March 17th at 3:30 p.m. (PST) on Makersplace, Mahomes will launch a collection of NFTs that are “centered around significant moments in Mahomes life.â€

“Mahomes’ colossal impact on our culture, particularly in the United States, is undeniable,†the Makersplace team said. “One of the greatest quarterbacks of all time, Mahomes’ reach extends beyond sports, acting as a source of inspiration for all. With this Drop, he will reveal another dimension of himself that the world has yet to see. We are excited to introduce the world to this new side of Mahomes and to allow fans to own a part of his legacy.â€

The Mahomes NFT collection follows the NFL’s tight end for the Tampa Bay Buccaneers, Rob “Gronk†Gronkowski’s entry. The popular NFL player’s collection is featured on the Opensea.io marketplace and the collectibles commemorate Gronk’s four historic Championships with five limited-edition NFT trading cards.

The tight end for the Tampa Bay Buccaneers, Rob “Gronk†Gronkowski has released a collection of NFT cards.

“The crown jewel of the drop will be a rare 1-of-1 Rob Gronkowski Career Highlight Refractor Card, which includes a meet and greet with ‘Gronk’ and tickets to one of his games next season,†the Opensea description notes. The Rob Gronkowski NFT collection has sold for over $1.75 million in ETH on the marketplace. The “Gronkowski Career Highlight Refractor Card†sale closed at 7 p.m. (ET) on Sunday evening.

The Gronk NFT card sale’s aggregate total saw an average of $5k per card, and Gronkowski’s NFT debut was highest sale of an individual NFT by an athlete in history ($433k).

The band Kings of Leon has introduced their latest album “When You See Yourself,†and it includes NFTs developed by Yellow Heart Factories.

Just recently, the band Kings of Leon released their latest album “When You See Yourself,†which includes NFTs that reveal exclusive album artwork and also the “Golden Eye†vinyl LP. The band worked with the blockchain technology company Yellow Heart and statistics show the Kings of Leon NFTs have already raised $2 million from NFTs since the album launched on March 5. $500k of the NFT funds have already been donated to Live Nation’s Crew Nation, which helps support music crews during the Covid-19 pandemic.

Multi-Platinum Recording Artists, Well Known Political Activists, Street Artists, and Latin Superstars

Last Wednesday, the multi-platinum recording artist Lil Pump dropped a collection of NFTs as well via the Sweet platform. Moreover, with the new collection of NFTs, Lil Pump released a rare “Esskeetit Diamond VVS†NFT asset that aims to replicate the look of one of the pieces in the American rapper’s multi-million dollar jewelry collection.

The popular hip-hop artist Lil Pump has joined the NFT ecosystem.

“This is the future. Now you can live like me and own a rare NFT collectible of one of my favorite chains,†Lil Pump commented.

In addition to Lil Pump, the Russian conceptual artist, political activist, and founder of Pussy Riot, Nadya Tolokonnikova, has also stepped into the non-fungible token (NFT) asset world. The artist has released a new video for her latest single “PANIC ATTACK,†which was directed by award-winning AR creator Asad J. Malik and produced by his hologram company, Jadu.

The Russian conceptual artist, political activist, and founder of Pussy Riot, Nadya Tolokonnikova has released NFTs as well.

Tolokonnikova’s single was also released in a series of four NFTs and collectors can purchase them on Foundation. Proceeds from the NFTs will be donated to a shelter for victims of domestic violence in Russia that Pussy Riot has supported since April 2020.

The Latin superstar, Ozuna has collaborated with the renowned Street Artist Alec Monopoly and celebrity art dealer Avery Andon in order to help promote NFTs called “Artgrails.â€

A collaboration of celebrities doing an NFT sale together also includes the renowned Street Artist Alec Monopoly and Latin superstar, Ozuna. Together with the celebrity art dealer Avery Andon, the group will launch standalone “Artgrails.†The Artgrails’ listed assets are limited edition NFTs, and the website artgrails.com explains that “all releases implement Queue-It technology.†This means that the protocol fights against bots and protects the marketplace from server overloads. The market, like Makersplace and Opensea, connects with the Web3 ethereum (ETH)-based wallet Metamask.

It is likely that more celebrities, musicians, and professional athletes will jump on the NFT bandwagon. Although it is hard to say whether or not, the NFT ecosystem, or even parts of it, may fade away into non-existence. NFT proponents are betting that non-fungible token assets will continue to transform a myriad of industries and reshape the landscape. Celebrities are also seeing the vast amounts of money flowing into the NFT space, and it essentially can tell a socialite what their tokenized name is truly worth.

What do you think about all the celebrities getting involved with the non-fungible token (NFT) asset space? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

RELATED NEWS

Oracle Service API3 Partners With the Open Banking Project, Plans to Connect 400 Banking APIs to Blockchain

On Monday, the oracle provider API3 announced a ten-year partnership with the Open Bank Project in order to connect more than 400 banking APIs to blockchain smart contracts using API3’s Airnode. The collaboration between API3 and the Open Bank Project aims to bridge conventional banking with blockchains and Web 3.0 applications. API3 DAO Partners With […]

Xem chi tiết: Oracle Service API3 Partners With the Open Banking Project, Plans to Connect 400 Banking APIs to Blockchain

Société Générale Launches Blockchain-Based Structured Product

French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into Its Ecosystem In its latest milestone in the blockchain arena, French multinational bank Société Générale has issued its very first structured […]

Xem chi tiết: Société Générale Launches Blockchain-Based Structured Product

Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees

Kotani Pay, a Kenya based digital currency on and off-ramp service provider, has entered into an agreement wherein it will enable the transfer of universal basic income (UBI) payments to African refugees. Working in conjunction with the Refugee Integration Organisation (RIO) and Impact Market, the fintech start-up, which uses the Celo blockchain, will use its […]

Xem chi tiết: Kenyan Fintech Startup to Use Stablecoins to Transfer Universal Basic Income Payments to African Refugees

Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American Whistleblower Edward Snowden Mints an NFT

Xem chi tiết: Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

During the first week of April, Bitcoin.com News reported on the sidechain project Smart Bitcoin Cash Project (Smartbch), as the community has been very excited about this new venture. Smartbch aims to connect Ethereum’s EVM and Web3 APIs to a smart sidechain built using the Bitcoin Cash network. On April 7, 2021, Smartbch’s lead developer […]

Xem chi tiết: Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months

The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that price as well on Friday. […]

Xem chi tiết: Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months

DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin

This week a number of digital assets saw significant gains, but the meme-themed digital asset dogecoin has seen a significant rise during the last 48 hours. Dogecoin tapped a high of $0.143 per unit on Wednesday and has spiked more than 104% during the last week. Meanwhile, the billionaire investor and television personality, Mark Cuban, […]

Xem chi tiết: DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin

Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American Whistleblower Edward Snowden Mints an NFT

Xem chi tiết: Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

DOGE Taps a Lifetime Price High, Mark Cuban Says Dallas Mavs Shop Won’t Sell Its Dogecoin

Kenyan Athlete and Olympic Champion Eliud Kipchoge Gets $40K in ETH After Auctioning NFTs of ‘Key Moments’

Poker Prospers in Blockchain’s Promising Landscape

14 Years of Art for $500K: Youtuber Ali Spagnola Compiles All Her Free Paintings Into an NFT

British auction house Christie’s Plans to Sell 9 Rare Cryptopunk NFTs Next Month 

US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies Charges

NFTs Come to Live in Uquid Shop as NFTD