Last year’s cryptocurrency fever seized not only the ordinary Internet users worldwide, but many celebrities, too. Some of them invested in large cryptocurrencies like Bitcoin or Ether, while others even became the face of an ICO. For some time it was considered that the projects supported by celebrities were stabler and more reliable for investors. For this reason, many projects tried to get the support of celebrities, be they business stars or people well-known in the cryptocommunity.

A year after the peak of the cryptocurrency fever we can speak about what the celebrities’ passion for cryptocurrencies was crowned with.

Imogen Heap

It is known that the singer has been following cryptocurrencies since 2016, with the young startup Mycelia, offering a solution for authors’ rights protection, being the center of her attention. The project appears not to be launched yet, but Heap is still full of enthusiasm and talks a lot about blockchain and cryptocurrencies in her public performances.

Paris Hilton

The pop star Paris Hilton was among the first to advertise cryptocurrencies. In September of last year she wrote on Twitter about the Lydian token. The star’s statement managed to attract some interest to the project from journalists and experts, but shortly afterwards it was found out that one of the project’s founders was involved in domestic violence. The project was going to release a marketing platform on blockchain and raise about 100 million dollars during its ICO. In February, 2018 there was news that the platform had allegedly been launched, but whether it functions now or whether it is called-for is hard to tell.

By the way, the tweet was removed from Paris Hilton’s page after a while. However, the Hilton family`s interest to cryptocurrencies has not died away. In the summer of 2018 it became known that Richard Hilton had auctioned one of his private residences for the price of 38 million dollars and offered the owners of Bitcoin to make bids.

Kanye West

2014 saw an interesting thing occur to the rapper Kanye West, in whose honour some crypto enthusiasts decided to name an altcoin, by changing just a few letters in his name, thus giving birth to the cryptocurrency “Coinye West”. However, the rapper did not appreciate the joke and sued the founders of the altcoins.

Steven Seagal

The Bitcojin cryptocurrency was connected with Steven Seagal’s name last year. In March, 2018 regulators declared that the coin had never been registered as a security, after which a statement that the actor had no relation with the project was published.

Floyd Mayweather

Even a boxer has joined the ranks of crypto enthusiasts. Last year he added the nickname “Crypto” to his name and also supported a few ICOs. However, now one of his projects, Centr, is often called a scam, while his other coin, despite the celebrity’s support, has failed its ICO. Lately the boxer has not undertaken to support any more cryptocurrencies.

The rapper Akon has also found himself in the whirlwind of the cryptocurrency fever. He has decided to create an African city of the future with the help of cryptocurrencies, as his currency “Akoin” will circulate there. The rapper continues to go to conferences and talk about the project. It is not clear how it will end, though.

Olga Buzova

The cryptocurrency supported by a popular Russian singer, Olga Buzova, is now preparing to start its ICO. It is too earle to speak about the results of the project, but we must admit, the project has turned out to be quite hyped on the Russian market.

Sergey Mavrodi

One more interesting Russian project, launched on behalf of the founder of the financial pyramid “МММ”, Sergey Mavrodi. It is amazing that in spite of the fact that Sergey Mavrodi, according to mass-media, died several months ago, the project continues to exist and there are new tweets about the cryptocurrecny project on Mavrodi’s personal account. Mavro offers to exchange the MMM tickets for the Mavro tokens. It is difficult to predict the putcome of this risky venture.

Using a famous person’s name in a project is quite a good marketing strategy allowing projects to draw public attention. Although, of course, it may not be enough to make a project succeed in launching its ICO. Moreover, a well-known person’s support can’t be considered a guarantee of the project’s reliability.

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