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Do you think more celebs will start their own cryptocurrency?

  • Thread starter Thread starter Grant
  • Start date Start date
I do not think that the celebrity would want to venture into such entreprise because I've not seen any of them successful with their cryptocurrency so far.
 
Potuse said:
It is not so difficult to start up a cryptocurrency project of which I think that so many celebrities are trying to establish, but to create brand awareness and to be acceptable in the crypto market would be difficult.
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Don't you think their fans would find their project attractive no matter what? Since most people see their celebrity as their Idolo. I think the difficulty they would face would be dependent on the celebrity in the equation.
 
I think celebrities will not start their own currencies, instead they will start supporting exciting currencies.

Today, celebrities are interested in NFTs and I think many will join this industry.
 
Potuse said:
It is not so difficult to start up a cryptocurrency project of which I think that so many celebrities are trying to establish, but to create brand awareness and to be acceptable in the crypto market would be difficult.
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It is true that starting up a cryptocurrency project may not be difficult because there's a lot of open source blockchain that you can build your own cryptocurrency on and this makes it quite simple to establish.
 
Ononivami said:
It is true that starting up a cryptocurrency project may not be difficult because there's a lot of open source blockchain that you can build your own cryptocurrency on and this makes it quite simple to establish.
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It is extremely correct that starting up a cryptocurrency could be very demanding and that is why you would need to gain enough experience coupled with the fact that you will need enough capital to invent such kind project.
 
Potuse said:
It is not so difficult to start up a cryptocurrency project of which I think that so many celebrities are trying to establish, but to create brand awareness and to be acceptable in the crypto market would be difficult.
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It is difficult to start a strong crypto currency project that would stand the test of time as you would need so many experts to help you in various stages of the development.
 
eenya00 said:
It is difficult to start a strong crypto currency project that would stand the test of time as you would need so many experts to help you in various stages of the development.
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For any kind of cryptocurrency iproject to stand the test of time and gain recognition in the crypto-currency market there is need for serious marketing and brand promotion on relevant platforrms.
 
One of the major reasons why celebrities will always want to adopt to the cryptocurrency is because they have large users and their audience trust them to make the right choice.
 
Actually it's possible for some celeb to start their own cryptocurrency but I believe they may not most especially when they are not yet ready for the expenses and to bear the risk also.
 
Syldan said:
Actually it's possible for some celeb to start their own cryptocurrency but I believe they may not most especially when they are not yet ready for the expenses and to bear the risk also.
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In addition, if celebrities deemes it fit to establish their own cryptocurrencies, it is indeed a very good gesture because crypto is growing at an alarming rate and a lot of crypto projects are developing on a daily basis.
 
Well i believe its possible that some might want to give this a try but form what i have seem most of these celebs tend to have interest in other things rather than on crypto currency. So i do not think there would be much celebs wanting to go into this.
 
Grant said:
I know there are celebs jumping onto some crypto bandwagons, but what about celebs who start their own cryptocurrency. Are there any celebs out there who have made the attempt to start their own currency? If so, who was it, and did their currency succeed? Or did the majority of them fail?
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I do not know if more celebs would start their own cryptocurrencies in the future. I also do not know if there's any celeb out there who have made an attempt to start their own currency.
 
Grant said:
I know there are celebs jumping onto some crypto bandwagons, but what about celebs who start their own cryptocurrency. Are there any celebs out there who have made the attempt to start their own currency? If so, who was it, and did their currency succeed? Or did the majority of them fail?
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There was a time Cristiano Ronaldo did something with Binance and I thought at one point he was going to have his own cryptocurrency but that never happened. It appeared that it was NFT project he did with Binance.
 
Not really sure but probably, In recent years, we have witnessed several high-profile celebrities and influential figures publicly supporting or endorsing various cryptocurrencies. These endorsements have ranged from promoting specific cryptocurrencies or initial coin offerings (ICOs) to participating in blockchain-related projects.
 
Mostee501 said:
Not really sure but probably, In recent years, we have witnessed several high-profile celebrities and influential figures publicly supporting or endorsing various cryptocurrencies. These endorsements have ranged from promoting specific cryptocurrencies or initial coin offerings (ICOs) to participating in blockchain-related projects.
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Personally I believe that it is going to be more better if those high celebrities endorses cryptocurrency instead of trying to have their own separate coil because it is going to become a thing of competition and it's not going to be good for the market.
 
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