NFTs (Non-Fungible Tokens) have taken the world by storm, and celebrities are no exception to this trend. From musicians and actors to athletes and social media influencers, many famous faces have jumped on the NFT bandwagon. In this beginner’s guide, we will explore the most expensive celebrity NFTs and which celebrities have bought them.
The Most Expensive Celebrity NFTs
NFTs have become increasingly popular in the world of art and collectibles, and celebrities have been getting in on the action. Here are some of the most expensive celebrity NFTs:
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Beeple’s “The First 5000 Days” – $69 million
Beeple’s digital artwork, “The First 5000 Days,” made headlines in March 2021 when it sold for a staggering $69 million at Christie’s auction house. The buyer was Vignesh Sundaresan, a blockchain entrepreneur also known as Metakovan.
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Paris Hilton’s “Iconic Crypto Queen” – $1.11 million
Paris Hilton, the heiress and socialite, launched her own NFT collection in August 2021. “Iconic Crypto Queen” included a variety of digital art and collectibles, which sold for a total of $1.11 million.
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Grimes’ “WarNymph” Collection – Over $6 million
Canadian musician and artist Grimes released a collection of digital art called “WarNymph” in February 2021. The collection included one-of-a-kind pieces, with one selling for a whopping $390,000. In total, the collection sold for over $6 million.
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Elon Musk’s Techno Song NFT – $1.1 million
Elon Musk, the CEO of Tesla and SpaceX, sold an NFT of a techno song he produced called “Don’t Doubt Ur Vibe” for $1.1 million in February 2020. The buyer was Sina Estavi, the CEO of Bridge Oracle.
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Snoop Dogg’s “A Journey with the Dogg” – $1.33 million
Rapper and actor Snoop Dogg released an NFT collection called “A Journey with the Dogg” in April 2021. The collection included a variety of digital art and collectibles, which sold for a total of $1.33 million.
Related: Top 12 Coolest NFT Projects in 2023
Why are Celebrities Interested in NFTs?
NFTs have caught the attention of many celebrities and for good reason. Here are some reasons why celebrities are interested in NFTs:
- Investment Potential
One reason why celebrities are interested in NFTs is the potential for high returns on investment. Some NFTs have sold for millions of dollars, making them a potentially lucrative investment.
- Support for Artists and Creators
Many celebrities are also interested in NFTs because they provide a way to support artists and creators. By purchasing NFTs directly from artists, celebrities can help support the creation of new and innovative art.
- New and Innovative Ways to Engage with Fans
NFTs also provide an opportunity for celebrities to engage with fans in new and innovative ways. For example, musicians can release limited edition NFTs of new songs or exclusive live performances.
- Establishing Themselves as Early Adopters
Finally, many celebrities are interested in NFTs because they provide an opportunity to establish themselves as early adopters of emerging technologies. By getting involved in the NFT market early on, celebrities can position themselves as leaders in the world of art and collectibles.
Which Celebrities Bought NFTs?
Celebrities from all walks of life have joined the NFT trend and have purchased digital assets for different reasons. Here are some of the notable names who bought NFTs:
Mark Cuban
Mark Cuban is a billionaire entrepreneur and owner of the Dallas Mavericks NBA team. He has been very vocal about his support for cryptocurrencies and NFTs. Cuban invested in several NFT projects such as Rarible, SuperRare, and Mintable, and even launched his own NFT platform called Lazy.com. He is known for buying unique and rare NFTs, such as the “Rare Pepe” collection and a one-of-a-kind NFT of a spinning gold coin.
Grimes
Grimes is a Canadian musician and artist who sold a collection of digital art for over $6 million. She also purchased an NFT artwork for $389,000 from artist Krista Kim. Grimes is a big supporter of NFTs and believes they have the potential to revolutionize the art industry by allowing artists to monetize their digital creations directly.
Tom Brady
Tom Brady is one of the greatest quarterbacks in NFL history and recently joined the NFT market. He launched his own NFT collection called “Autograph,” which included digital trading cards featuring himself and other athletes. The collection was a huge success, with some cards selling for thousands of dollars.
Lindsay Lohan
Lindsay Lohan is an actress and singer who recently sold her own NFT collection featuring exclusive footage from her childhood and career. The collection, called “Lindsay Lohan Lightning,” included one-of-a-kind items such as a virtual dress and a personal message from Lohan herself.
Shawn Mendes
Shawn Mendes is a Canadian singer and songwriter who released his own NFT collection in 2021. The collection included exclusive music, digital art, and other unique items. The NFTs were sold through a platform called Genies and were highly sought after by fans and investors alike.
Post Malone
Post Malone is an American rapper and singer who purchased a one-of-a-kind NFT artwork for $1.6 million. The artwork was created by artist Trevor Jones and depicted a figure holding a sword while standing on a pile of Bitcoin. Malone is known for his interest in cryptocurrencies and was one of the first musicians to accept Bitcoin as payment for his merchandise.
Conclusion:
As the NFT market continues to grow, it’s likely that more and more celebrities will get involved. Whether you’re a celebrity or a regular investor, it’s important to do your research and understand the risks and potential rewards of investing in NFTs. With careful consideration and a bit of luck, you could potentially own the next most expensive celebrity NFT.
