The Ecosystem Is Growing: World Famous Name Explained NFTs in Simple Language!
World-famous name Paris Hilton took part in the Tonight Show on August 18, and when Jimmy Fallon asked him about NFTs, Hilton explained in plain language what non-fungible tokens (NFTs) are.
Paris Hilton and the NFT Perspective
During the program , when the talk came to NFTs , Fallon asked Hilton about what non-fungible tokens were. Hilton stated that these cryptocurrencies are unique tokens, available to users on the Blockchain and can be used to sell anything like art, music, experiences, physical objects.
At this point, it is seen that the duo are talking about the US artist Beeple, who sold an NFT in early March of this year and earned $ 69 million from this deal.
In addition to these, according to the statements made, the value of Hilton and his own NFT collection is over $1.11 million. In April, Paris Hilton joined the new NFT trend and created the non-fungible token collection in collaboration with designer Blake Kathryn.
According to the information obtained, the NFT series includes three non-fungible tokens that sold for $220,000 and are expected to bring in a total of $1.11 million after the auction ends.
About Hilton Cryptos
Paris Hilton has recently become interested in cryptocurrencies. According to the news that emerged in February, in an interview with CNBC’s Closing Bell, the famous name said that he is “very, very excited” about Bitcoin and has been buying BTC for a while .
On the other hand, in late July, Mike Novogratz , a famous Wall Street investor and wealth manager, also praised NFTs in an episode of “Next with Novo.”
The head of Galaxy Digital crypto hedge fund stated that he expects non-fungible tokens to be included in every industry in the future. Novogratz thinks that every industry, not just the arts, music, but the healthcare industry, will use NFTs to build community, grow the community, and generate profits.