‘Financially Crippled:’ Celebrity NFTs Leave Fans and Investors Broke NFTs (non-fungible tokens) VEGAS ODDS

Sharing is Caring!

In recent months, NFTs (non-fungible tokens) have become increasingly popular with many celebrities promoting their own NFTs. Now, many fans who invested in digital tokens promoted by their favorite stars are financially “crippled.” One investor believes that celebrities “took their payouts and moved on while everybody who scraped by to invest in their futures got robbed.”

NBC News reports that many investors who purchased NFTs promoted by popular celebrities have found themselves financially ruined. NBC News tells the story of a man named Tyler who purchased a “Bored Bunny” NFT promoted by champion boxer Floyd Mayweather.

See also  US tweaks requirement for investors to sell off Chinese tech stocks

NFT band “Kingship”
NFT band “Kingship” (UMG)

Tyler invested $12,000 into the NFTs, which are just a series of images of rabbits similar to the popular Bored Ape Yacht Club that grew in popularity as NFTs became more prominent in the crypto space, based on Mayweather’s endorsement of the project.

www.breitbart.com/tech/2022/05/23/financially-crippled-celebrity-nfts-leave-fans-and-investors-broke/

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  Protests broke out against the cost of living crisis and the loss of citizens’ purchasing power.

Views: 99

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.