Bitcoin Forum

Stox: Floyd Mayweather, Luis Suarez, Liang Tian
Centra: Floyd Mayweather, DJ Khaled
Cobin Hood: Jamie Foxx.
The Game (Rapper): Paragon
Max Keiser: Maxcoin
Paris Hilton: Lydian Coin

Whats your take on celebrity endorsements with the crypto world? Do you think it actually helps? Question is how many fans actually know and care about crypto to actually invest??

That would be great idea actually. Celeb might just publish everything on their concert or even in the film. People and fans will follow these coins at least out of curiosity and some will follow seriously. This could kick start the project and they should launch a movie with the funds that they will raise. As we know every move gets hit and people will watch it because they will have invested money in it.  This could be really best thing to do if these actors or celeb agrees on that and try to launch it. But there must be proper protocol they should follow so that they won't end up creating the shitty coins. Lol.

I think it is very good. After all, many trust these people and listen to their opinion. It popularitywith cryptocurrencies.

It's already been tried.

Max Keiser made his own coin, Maxcoin. If you look at teh chart, it got pumped like crazy to 0.00428743 btc on Feb 15th 2014, when all his fans bought it, believing this was the next best thing, because he told them it was. And it's now 0.00000346 btc

https://coinmarketcap.com/currencies/maxcoin/

This is the chief danger of celeb endorsements - it pulls in innocent people who don't know what they're doing. If the celeb is just telling them to buy a bottle of perfume or some clothes, that's one thing - but telling them to invest all their savings into something that has no future is downright evil.

I don't approve of this, coins will just become P&D, like MAXCoin did.
I'd take advise from someone smarter than Floyd Mayweather, like say, an investor with high profit in his history.

Also, can't believe someone is advertising YoBit.

I don't mind, I would just like the celebrities to get involved into proved coins, legit, fair, decentralized, not in new shitcoins.

Let's not forget Paris Hilton: LydianCoin

I'm sure both Paris and Mayweather can talk us through the wonders of blockchain technology between two shots of vodka.

kinda funny, this.

think about it.. actors are paid to lie. the better that they can lie (regurgitate whats in the script) the better they can sell that lie. even win awards for that talent.

and some of their real world views are the funniest, most uneducated views there are.

i dont think i would rely too much on most actors tech skills in this space.

That just waste the money as long as the celebrity endorsement take a lot of money. There is no a lot of the impact caused by the celebrity endorsement. As you can see the centra didn't get a significant impact.

They are just a marketing stunt.
But it also signifies a dedicated or influencing person/community is behind the cryptocurrency.

Mike Vick promoting eBoost

i can't ensure about how many people interest and join or invest in bitcoin but certainly celeb endors bitcoin is very affect for people life and make effect for cryptocurrency world

"Donald trump is to blame for the hurricanes" - Jennifer Lawrence

It is just like television advertisement where products are endorsed by celebrities. It is nothing new. They are just advertising the product and some of them would not be even knowing the core project as it isn't really easy to understand the project deeply for non tech people. Some might fall for these. But I think nobody really cares about the face advertising the coin when it comes to investment. For investing one need to look at the project and the potential.

we should pay attention on things like this.
Celebrity are just there to make some noise and they are paid just to grab peoples attention to buy those shit coin. A real ico has their own unique value and they don't need this shitty endorsement just to make some noise about it. everybody says the more celebrity involved the more you need to stay away.

Lol.  Luis Suarez is pumping an ICO?  Now that's a sign that all this will truly become mainstream and you know what's gonna be next...  It will all crash and burn.  Make of it as much as you can now and don't look back.

i see it will bring some attention but people are wiser now especially those who already involved with crypto currency they will look for the benefits
not just because somebody who's popular did advertise but without any project that will developed along the road its just nothing and another PnD
project.

We don't really know if they invest or not, they just advertise in part of any altcoin for some endorsements . I think it really helps both the crypto economy and the altcoin ico that they're endorsing.

Celebrity endorsement helps cryptocurrency to get participants strong base and many people follow celebrities but it doesn't gives a proof that the cryptocurrency would be a success. Hiring a celebrity in ICOs promotion definately helps the cryotpcurrency achieveing their targets early.

Just see their social account, most their fans are talking nonsense rather than talking about what they were endorsed. even advertisement is everywhere, seeing from this aspect, not really an effective way to advertise but just making the product looks popular to attract investor in ICO.
from my point of view, just wasting big amount of money to useless method of advertisement.

I agree with all the comments. I also believe the ICO can use that money for a better use, but at the end of the day it also brings in a lot of investors, innocent un-aware investors that just wanna make some money out of the ICO. They can't be real holders because they don't know what they're doing, unless they do research which most people don't do anyway. So far no coin endorsed by a Celeb has gotten anywhere big, I hear Mayweather is a new ambassador of centra, lets see how they do with that.

It is all a marketing game, i don't like it but if it brings in new money it is good i guess.
But these celebs don't care about crypto's just the money it brings them.

Also don't forget The game (rapper) is promoting Paragon coin. I never heard about this coin till I read the news that he is promoting paragon ico.

I didnt know Luis Suarez enforsed a crypto currency. As a Liverpool fan I miss him (we nearly won the league with him up front.) I would be interested in looking into this f anyone has any input?

For me as a company they are taking the next step to advertise their coins.

Also some of this celebrities will try to research about the company since they will put their name on the coin. As much as possible they would like to avoid companies or coins that could scam of course they would not like that under their name.

You may also see some coins that are advertised by successful and respected CEO's.

It's not a guarantee that the coins that being advertised will be successful but at least it will reach more people.

Dennis Rodman and Potcoin.

http://www.businessinsider.com/potcoin-is-sponsoring-dennis-rodmans-trip-to-north-korea-2017-6?op=1

I think very good promotion techniques with top celebrities,
to achieve the success of a company or project should be all that way

You forgot Paragon coin with JAYCEON TERRELL TAYLOR aka the game promoting it. There was one a while back i saw Paris Hilton promoting also. Even though they are only promoting the coins i do feel that it gives them a certain legitimacy because i doubt a lot of those celebs would want to put there image on the line for scamcoins.

Celebrity endorsed crypto-currency has a big impact with regards of buyers. Potential buyers might risk more of their investments because they might think the success of the crypto-currency has a high chance shot value. Also maybe the endorser stake a high investments in that coin so people might think that, that coin is trustworthy.

Celebs are one of the best people to advertise bitcoin for promotion. If one celebtrity promotes it,  it will become famous suddenly because poeple admiring this celebs will be curious about it.  These are reasons why products use celebs for advertisements.

Yes! I forgot about that. Wasn't a super model also involved with paragon?

Seems like it would be a careful balance... Especially if the celeb has no idea what's going on and just wants to make $$$. Think of all the shi*t ICOs that would shell out a bit to create a bunch of hype for their coin. In all honesty I'd probably look into the coin that they're promoting if I like the celeb, but unless it was really good, I couldn't see myself using that as an avenue to find good coins. I'd use it as an avenue to find coins that have a lot of capital, but other than that... I can't think of anything. Plus it would have to be on some sort of platform, like ARK. They've got a product that I can imagine a techy celeb endorsing, but it'd still be the project that would win me over.

I guess in general it would be helpful. What this economy needs to stabilize is more people involved, so having celebrities promote it would get rid of some of the stigma that comes with being in this world. I'll be on the lookout for any celebs promoting coins, thanks.

That goes for all the celebrities, lol. I can guarantee that they all dump right after ICO to make that quick cash. I don't think Mayweather is still holding his Stox, he sold them the night of his fight when it reached $2.70 and made millions. Smart move actually since its 40 cents now, but I see the same trend towards any of these celebrity endorsed coins. Cobin Hood does look interesting though, a no fee exchange almost sounds to good to be true.

The most famous of course when mike tyson introduces bitcoin masive to the public. I'm sure there are many people who are interested after seeing mike tyson doing promotion at that time. I did not know he(mike tyson) was paid or not lol. there are actually many celebrities in my country who also promote bitcoin or cryptocurrency

Did you realize almost all these projects are failing on the market? Celeb hype is a bad thing.

That is great because some of celebrity they know and they endorse crypto and we know that endorsement was a big help for us also why? Because we dont know if they use crypto world or bitcoin using for the advertisement so thats a big help for us also to earn coins so we hope that crypto currency was increasing.

This is just a good indication that crypto currency is making some news that makes everyone turn their head when they heard it. And they are great platform to showcase to the world what this new thing can offer to us and also it can be big help to spread awareness and it's a good publicity.

It's good that celebrities are promoting crypto. The more it becomes mainstream the more people will invest in crypto. I don't think celebrities will endorse a fraud scheme as their name will be taken down with it.

Do you even realize that how many the developers pay the celebrities just for a single crap photo with a lot of the trolls in the comment? Such a crap for me and useless thing.
Just like how stox goes with its myweather promotion.

First, it's a sign that ICOs are raising too much money. Having celebrities like Mayweather promote your coin can't be cheap, so if companies are able to afford this, they've raised MUCH more than they need to actually launch their business.

It'll also catch the attention of regulators and put more pressure on them to regulate the market.

Now I know who's endorser behind thus ICOs especially on Centra because their token is sold out.

I'm not saying anything is wrong with this projects but it concern me went a carpenter wants to do the job of a Doctor. These guys no nothing about the product they are promoting they are just doing their job and anyone listening to them do it at their own risk

It actually helps on spreading the awareness of crpytocurrency existence on which we do know those celebrities are famous and been known by lots of people which if they would able to endorsed some coins then for sure people will surely jump in with the trend which is also an advantage for those early investors who did able to put money on the project because we do know it would be already a success since the popularity is really high compared to those coins who arent endorsed by a famous celebrity.I dont know actually on its true usage because most of this coins are on hype side. Centra would be a good real life usage as far as i can see.

If there will be a celebrity endorsing the crypto-currency, I prefer a well-respected celebrity to endorse the digital currency. It is a good help for crypto-currency to improve the image. A big NO for celebrities with a tax evasion record. Despite the fact that any kind of publicity good or bad still a publicity. Still a big NO for celebrities with tax evasion record, if ever they will endorse the crypto-currency.

The real question is, if you saw mayweather on the street and asked him how that stox platform is working for him I bet he'll say "Whats STOX?"  lol

On Sept. 3, Paris Hilton made a posting on her Instagram to her over 7 million followers saying she was "eager to join the new @LydianCoinLtd Token," noting in a hashtag: #ThisIsNotAnAd.
The statement, made by someone widely known, helped leverage the marketing of the initial crypto-currency offering (ICO) planned by Singapore-based LydianCoin Pte for a $ 100 million sale through not programmed.

Having a celebrity endorsing a product might be an effective way to get the ICO popular. It can be the strategy of the project to get lnown, or it was just something about the project that can be somehow related to her. It depends anyway.

I think the attraction of a celebrity has an influence on the crypto world, on the grounds that many of them are famous and have fans.
they do not think that fans know about bitcoin
But they consider celebrity as a tool to promote as well as market strategy so that when ico run successful

It's alright, the only thing that you should watch out for is if and when they try to do a copyright claim on the project.

In a matter of a year every celebrity will be backing a new ICO. Why wouldn't they when they can make millions to hundreds of thousands. I'd have to agree that it does turn me off from the project a bit. Instead of someone like Hilton or Wayweather promoting a coin Id much rather listen to someone like John Mcafee because he's actually got some brains, these celebs are pretty much idiots, Mayweather can't read and Hilton can't even solve a basic math equation.

Great, this will increase awareness even more but not necessarily in a good way. Celebrity endorsed Crytocurrency is even worse than normal products as not sure they have any clue how it works.. ;D

I'm not sure what to think about Centra using celebrity endorsement. They must be really expensive and 99% of people it will reach probably don't own any crypto and would have no use for the card.

I'm sure it's great for branding and awareness, but I can't imagine it'll have a good ROI. I guess this is a sign ICOs are raising too much money and they have to figure out ways to spend it.

Just added DJ Khaled to the list for CENTRA team  :-\

Don't forget Ashton Kutcher who regularly talks about cryptos on twitter https://twitter.com/aplusk
Render token last time

Well im not sure its a good thing celebs promote crypto, as most of them prop. wont have a qlue what it means anyway... U really think Paris Hilton understands how blockchains work!

Ashton Kutcher is actually a very bright and tech savvy guy, so I believe he'd understand any crypto product he endorsed. That doesn't necessarily mean it's a good product if he's just doing it to get paid, but he's someone I'd trust to at least understand what he's promoting.

It is great to see celebrity promote the alt coin, but do they really invested in the coin or just promoting? if the celebrity also invest in the coin then it will be great for the coin, maybe it can help to increase that coin reputation and can make the fans to join to buy the coin

great idea to use celebrity in ico. hoe it would accelrate cryptocurrency popularity. this kind of thing should be able attract people to be in cryto world. good thing to know.

well by hiring the public figure of course will increase the crowdsale to reach the maximum point but keep in mind that it is not a guarantee that the coin will rise high after the release on the exchange, too risky.

You really do have a point there. A very prospectus project will not need much noise or huge marketing stunts as the project will most definitely speak for itself. However, it is not bad for someone who has some free cash to throw around (some might call it investors cash) but as long as the cash can help make some impact, then why not. We cannot rule out the fact that even every good project needs good marketing and how each person wants to go about it is fine.

This is quite interesting topic and especially you said the celebs should invest in the altcoin that they are promoting. If it doesn't happen then the altcoin will be just like any other product brand they are involved in its promotion, where they after sometime switch to another brand.
Everything has pros and cons, at the same time the celebs promotion has it's disadvantages along with it's advantages as well. For example the celebrities can ask for a real huge profit share which may cut down the profit margin of the general public.

We also know what the reason why celebrity endorse crypto world just because of money and the other country was invest here just because of endorsement of the celebrity. Yes absolutely yes it can helps we know that celebrity can get may investment. i think just 25% to 40% of there fans know cryto world and of they invest because of trust.

It's not a bad idea using celebrity to market crypto,  but using a celebrity with at least some crypto knowledge will help the coin in question,  it should be all about using any how celebrity.

yes but I don't understand why the crypto medias never talks about him  ???

Floyd really loves cryprocurrency world.
I see DJ Khaled in Centra. Centra try to creating best team :D Khaled and Floyd!

But what the heck with the centra project, But looks a lot of the people are blaming khaled for such advertisement. As you can see the team throw hundreds or even million dollars just to endorse the celebrity to promoting its ico.

Endorsements are meaningless to me. Even if the biggest names in cryptocurrency endorse something now, it does not seem to do anything to help the long term price and value. The only benefit to me is the marketing pull. A lot of ICO participants. A lot of crazy buying. But no real contribution to actual, project value. The result? Coins that become worthless as soon as the endorsers abandon it after making profit.

It seems to me that bitcoin did not appear by accident. After the worldwide scandal with offshore zones bitcoin can not succeed. Even if governments start to ban the use of cryptocurrencies them shelter offshore zone. Only now you will not need to register their account even on the nominees.

Pretty sure none of these people know what they are talking about, thanks for the list, staying away from these coins.

You're wrong! maybe thus people is just endorsing of thus ICO that is project team market strategies to get more investors specially like centra because centra is a very success ICO and just finished this week.

i think promotion is still needed, thats right, if you have money to do advertising why not? although the most important is the objectives and ideas on the project but if not accompanied by a good marketing, of course the target range of the project will be smaller? with good marketing then the market share will be bigger right ?

I think spreading the overall concept of cryptocurrencies is great, sadly they are not doing that and are only getting cash for pinning themselves to a specific cryptocurrency.

Let's be honest Paris Hilton and Mr Mayweather probably couldn't spell cryptocurrency never mind explain how they work or the technology behind them. For that reason I keep well away from those sponsored cryptocurrencies just because they have just thrown some cash at celebs.

Also i don't know if you know but Paris supporting a cryptocurrency where the CEO is getting dragged through the courts for sexual harassment and assault stinks of celebs just trying to make some more cash rather than supporting a good project.

stox was endorsed by floyd mayweather and rised 30 millions in 36 hours!

now stox losed 35% of his valuation and i don't think he will go up!

I think it's very effective, because dj khaleed is now really on the rise, plus the albums he's releasing are always winning the charts. although the cost is very large.
But for stox coins now the price is going down drastically, it seems the effects of floyd are gone. xD

sometimes the discussion also take place with the live video streaming service as performer to shows the proofs of confidence as having with the insider secrets of information from the developer that the message helps future buyer to gather more confirmation as the decision to invest with the coins.

Simply is if you do not promote your project, how to investors know and invest into your project, is right? Therefore, promotion also important, a project succeed depends much on the promotion from its marketing strategy.

Hello Guys.
This perfil called "DeltaX" was mine.
This guy stole my perfil and now he is using to farm signatures campaign.
The phrase "Only Bitcoin is Real" it's an allusion to the "Only Death Is Real" Hellhammer Album, that I love.
I don't know how he could make this.
Can someone help me?
I'm from Brasil. You can see the topics created by "me" (DeltaX), all in portuguese.
Can I recover my account?
If I can't, can you give bad trust in the "DeltaX" Account?

Icos being indorse by artists will hit into something big yes but it doesn't mean that will soar high. It still depends on the Ico strategy and how they will manage to make it successful.

It's good marketing action I think. Prices rising when some authorities talking about cryptocurrencies.

Celebrities are already endorsing cryptos. Did you not see Floyd Mayweather Junior tweeting about STOX before the big money fight that just happened? The price soared trough the roof, but it crashed again now since then.

Stox has Chinese diver, Liang Tian. They have 3 celebrities.   :D

Good marketing, obviously. But I would not want them to be involved in this area.

Sure, at this stage people have so much wisened up and they cant be bamboozled or deceived by any publicity stunts. Apparently it will draw attention which is good, but without a good prospectful project, plans for the future and solid devs with good development, there is no where a coin will get to this days. I only always pity the gullible investors at the long run cause they are always the ones who ends up taking the fall.

I think it's good, it popularitywith crypto currency among people.

I think, it's only promotion from some companies that want to increase thier value. More over maybe the celebrity even didn't know anything about BTC currency. So, still market value the most.

After currencies are more user friendly is when getting celebrities involved is what I think would make sense. It's initially a bit of a learning curve and celebs might be able to pump a but getting lasting support needs easier use by people who don't want to put a lot of time into it.

why are celebs promoting only ICOs? It is flip your money *10 marketing for people that know nothing about crypto. Yes it is ok, because they bring new money to the game, but what will happen when the ico flip your money scheme will fail? We will all be crypto scammers, btc will be scam and so on...

Money loves Floyd Mayweather so i love Floyd Mayweather.
I am in all Floyd Mayweather supported projects. Probably i will gain as much as Floyd Mayweather gains.
I love this guy and how he profit all the way. But for Paris Hilton i am not sure. I don't want to be get .....ed. :)

To me personally it helps a little if their endorsed celebrity has nothing to do about cryptoworld. It maybe does not affect existing crypto users, but I think it will well affect crowd mass crypto newbies to collect information about crypto in general.

Marketing strategies is all it is. However, celebrity endorsement is very good for the crypto atmosphere. I have seen the reaction of fans to mayweather's endorsement of centra both on twitter and Instagram and I sure do know it can go a long way.

People always have this believe that as long as a celebrity is endorsing it, then there should be something more to it and that makes them want to dig deeper.

You're right, I missed him. Added to the list!

I think it's a double sided coin (get it? hahahahhahaa)

I think the positives are that cryptocurrencies are getting out to a wider audience, and therefore the concept of them will become stronger.

On the other hand, it is very clear that these celebrities are only connecting themselves with these specific cryptocurrencies because of the cash they are recieving and nothing else. I doubt that many of them can spell cryptocurrency or name 5 cryptocurrencies never mind understanding the concept of blockchain technology.

So on that front it is a little bad.

This might work for people who have not yet know about crypto currency. It is like going conventional but for better. I guess it's not a bad idea at all. Something to consider, to make it believable try to have tech celebrities. Why them? People that are famous with some knowledge in tech will easily be trusted by common people. They then can influence their loyal followers about this crypto. Then their follower will likely influenced their peers. Social media celebrities can also be someone we can consider. Again, choose the one with tech background so people will likely believe with their content. Then afterwards, slowly move to different industry. Do it sowly but steady.

Celebrity endorsement will always be a smart move for ICO campaign. Those celeb already have huge follower and public goodwill. Their faces on your project will only draw people to it. And is also good for entire cryptocurrency space it bring more people to  blockchain

Endorsing altcoins by celebrity is a big help to promote the upcoming altcoins. It will help the ICO to be successful. That was the role of celebrity to influence other people to invest in the ICO. People idolized celebrities for being good advocate, role model, good leader and etc. I believe in celebrities to continue and endorse crypto  to become more famous then people would invest in the ICO.

Of course. idol is a role model. if their idols feel they do something interesting and useful, why do not they imitate them when they can do it. well maybe that's it.

These (to me) all seem like people whose target audience doesn't care about crypto at all. I guess there must be a few among them.

meh, that means nothing, probably the coin will get some influx of cash, and than what?

Seems like just another marketing scheme, no more. Will surely attract some attention from the general public. Yet, if the celebrity is not directly connected to crypto or smth, I believe that a really low percent of fans will be really into this.

It's good for the celebs as they are running to the bank with fiat currency, but i would never invest into a ICO on the sole fact that a celeb has said "they like a coin"

Actually, I only know that every Floyd Mayweather is someone who has made an investment in an ICO.
Left I do not know
But if you include celebrities in the financial circles talking about BitCoin, that's pretty much it

I think its really good to see celebrities endorsed cryptos because they are very influential and we know that they have a huge amount of followers. I simply tweet will put notice those coins that they are supporting. Celebrities like Paris Hilton and Floyd will probably bring enough hype to that coins resulting in investors buying it and the project successful raising the funds needed to continue it.

I don't think he invested why? because too many Great ICO better than he promoted why such those ICO if there are much better projects to promoto or to endorse. so maybe he is paid to promote.

There is nothing worse than a celebrity endorsing a coin, this is only unkustofied hype that will be used to dump overpriced coins on people attracted by the celebrities' prestige.

The question everyone has to ask is, does getting the name of token or product out to people who know nothing about crypto help the token?
For the most part a celebrity does not help the crypto community itself but brings awareness to people that know nothing about crypto.

So now we look at the token itself, lets look at Cobinhood, a exchange that charges 0 fees.  Someone who knows nothing about crypto who sees Jamie Foxx, and then looks at cobinhood will still not invest in cobinhood because there is a steep learning curve first to get into crypto itself.  Jamie Foxx will do nothing for the crypto because cobinhood is not something for the mainstream audience.


Now lets look at Centra, a debit card that can be loaded with crypto and used at any brick and mortar store.  Essentially its like a loadable gift card, similar to how a Visa gift card is used.  So when teenagers see Floyd or DJ Khaled using the debit card they may want one.  The teenager that knows nothing about crypto may actually want one.  Of course this doesn't help them get a card and I'm sure if they don't know about crypto its very very unlikely the celebrity will push them into crypto itself, But if they have a friend or family already in crypto the celebrity will increase the chances that the teenager will go to that person and ask for one.  Also who wouldn't want a crypto gift card that has a potential to increase its value.


So how I see it is celebrities will help any token that has a appeal to mass market audience.  For example Etherparty / Blockcat would be a great token to have celebrity endorse (both do not currently use celebrities)  Enabling the non-crypto people to be able to use smart contracts on a daily basis is something great for the mass market audience and seeing a celebrity setting up escrow, setting up bets and wages between family members, use smart contract to buy a used car, etc.  I think would go along way to get it adopted.

If Wesley snipes invested all his money into bitcoin he wouldn't of been in jail for tax invasion and his money would of doubled by now. Geez  ;D

Paris Hilton? Lol. I think you need to add UnikoinGold to that list because that's backed by Mark Cuban and Ashton Kutcher. And knowing both of those guys, it's going to go great. Also, I read that the co-founder of Ethereum Anthony Di Lorio is an advisor/investor. It's an ERC20 token for their esports betting platform called Unikrn. Really cool concept and a growing market.

This is probably the most promising one on that list other than Floyd's.

You always have to look at their investment portfolio. Ashton alone is killin it with Uber

There's no additional credibility offered by a celebrity. But marketing is marketing i guess.

Not a fan at all. I tend to avoid alts that have endorsers.

Already found some projects that way to promote with celebrities. I think it's a great way to make the project a success. Although the funds in the output should be more but if the project was successful then there is nothing wrong. But back again to the investors themselves if the project is interesting but not using the endorse in my opinion is enough

Good for the pockets of the celebs, that's about it.

They don't care at all, and if they back the wrong horse, people will lose faith in cryptocurrencies.

Seems like Celeb endorsements are an easy way to help a coin get pumped and dumped   :-\

I don't see the value in it , why would i need Mayweather to promote a coin to me, the guy probably doesn't even understand a bit of it.
It is now being marketed to the ''average'' people clearly.

Not a very good development i think.

You'd be surprised how many fanatics are out there. And I think this kind of endorsement from celebrities are actually a great way of advertising their coins too. Of course these celebrities don't care about the project they are endorsing in but the fans are willing to spend much for their idols, so it is really a great marketing strategy to endorse celebrities.

It probably helps in bringing the word out to non-crypto people. However, this celebrity endorsement thing in any sector is incredibly annoying. It's no different in crypto as it is in razors, beers or cars.

Must be a reason people keep paying them to do it though

But they will be seeing it as strange act has done by the celebrity because we are know that a lot of the people were unfamiliar with the crypto called it as another fraud or scam.
The celebrity just shilling the coin which it can be determined as useless act.

My take on this would be positive. Because i have seen a lot of fans of famous people do various stupid things just to be like their idols. And even if some of them are not that obsessed, seeing their idol talk about a certain coin. Curiosity will kick in and will probably crawl bit by bit into their heads at night. Which then may lead into them doing their own way of research about a certain coin to find out what the fuss is all about. Then probably jump in, then spread the word and so on.

How much are they getting paid for posting those images? last night i was thinking about that.. It is not easy to convince floyd mayweather to post an image talking about cryptocurrencies, and obviously, an ICO. But how many thousands are they paying him in order to do it? more than $100k i guess, how much do you think guys?
And Paris Hilton, lol.. Obviously that a lot of people are being convinced to participate in those icos after saying this kind of advertising.

it is now a lot of ico popping up, if the strategy used just like that, may not be able to find investors, the breakthrough is attracting celebrities world

it works only to make a hype
but how useful can it be if the coin has nothing to give?

Just because something is celebrity endorsed, doesn't mean it is any good as a product.

For example Floyd Mayweather is endorsing many coins but i doubt he actually knows what they are all about. He just gets paid for a simple shoutout on twitter(which he may not even write himself) and gets paid for it.

Now i actually think that having a celebrity promote your coin means that you have no other way of gaining adopters. If you look at most successful coins, they have not been as a result of a celebrity endorsement.

Look at these celebrities. Do they know a thing or two about the crypto projects that they are promoting? I seriously doubt it. If it is endorsed by Satoshi, that would be another story but if these celebrities are the ones doing the promotion, it won't count anything to me. Paris, Mayweather? Who are these, after all?

I think it is very good. After all, many trust these people and listen to their opinion. It popularitywith cryptocurrencies.
However people should invest very carefully, read their whitepaper throughly, don't invest what you can't lose is the bottom line

this is a great idea because it will make the crypto currency more famous, because people will listen if a celebrity is promoting and people will watch it and they start investing in it.

Just advertising and nothing more.
They don't even understand what was happening.

And certainly before investing in the ico, which is promoting celebrity, think twice.

I think celebrity endorsement is a good thing for the crypto world. They do have a lot of followers and what cryptocurrency needs now is more and more awareness.

I agree adverts like this will make crypto world famous and most of their fans will want to find out what they could have been missing that is unknown to them. But it is bad if anyone would because of this, join a project or contribute to an ICO with the thought that since it is endorsed by a celebrity, then it is most definitely a good project.

I personally do not consider celebrity endorsement as a means for me to trust or believe in a project, in fact, that is when I even get more curious. The crucial thing is to dig deeper on the project and see if it is worth investing in or not.

It doesn't mean much for a celeb to get featured on the coin unless that celeb is contributing something other than money into the project.

The concept is good, once cryptocurrencies are main stream. Currently it's just pointless as the ave. follower of these individuals most likely have no idea what cryptocurrencies are or do!

Bringing in more awareness to crypto in general is good and Celebrities help with that.
For all your coworkers and classmates how are they going to learn and get interested into crypto?  Celebrities may not be the best way it is A way for people that know nothing about crypto to maybe get curious and read more into it.

I am sure they have no idea on what they are endorsing what the project is all about or how it works. Celebrities will do anything to always be in the news because this  will mean more money in their bank account. And the primary purpose of involving them, is just to give it a face just like how cocacola will bring a celeb to be be a brand ambassador and nothing else is attached just to get paid for their service whether in cash or in kind.

Of course they don't even have a clue as to what crypto currency is. LOL. They are just hired to promote because they have a loyal fan based. So it will have a positive effect on the coins that they are promoting. Those fans will do anything for their idol like Floyd and Paris Hilton. If those two said in their twitter to buy the coins they are promoting, are sure those dumbnuts will get it without blinking eye. That's how influential they are. So its gonna be a win-win for both the celebrity endorser and the coins itself.

centra is best

if it was a tec celebrity it would be good they could explain it and understand it, but these donuts aint got a clue they wont even hold or use the coin they promote

do you even hear vibe ? vibehub they will announce huge news oct 10 i guess partnership with major label recored and they say there several star

imagine celeb/singer not only promote their coin but they will launch concert on vibehub platform in vr based

we can watch our favourite singer concert only from our home vr this gonna be huge

We all don't know what's really behind it if they do really invest or do they just got paid. But still this is a good publicity for the cryptos and raise awareness for this new technology. Whatever it will bring, good or bad publicity will still a publicity.

This would just create hype then after the ICO, people would just dump the coin. It's great that they show interest on cryptocurrencies but like any other devs, they're all in just for the money (we all are) so what's gonna be left are shitcoins.

We can't hide the truth that this is a good start for crypto world. Celebrities are a good way of promoting anything even crypto. If you asking how many fans care about crypto, some but not all of course BUT the good thing here, because their celebrity is endorsing it, it will give them curiosity to check, research and invest on crypto which will make an awareness to the outside world not just us who are already aware with the digital currency

I don't think it is good, all it gives is hype .

They add nothing but marketing value but i think it isn't needed when your tech is good.
I stay far away from these.

I think most of these stars are just getting paid for that.
It's all about marketing.
Take a look at all this ICOs..it seems that you "must" have some kind of big star working for you to get some attention.
And its not only about stars from the show business but also big names from other buisnesses.
For instance there is a new project going on for a crypto decentralised bank..change is the name of the project..
and they have the ex CEO from DHL as advisor.
I don't see a big connection with managing a big company for shipping and a crypto bank..but hey he is still the ex CEO of a worldwide
known business. ::)
Let's just be honest..most of these people are just getting payed to sponsor this projects.

Let's be honest, the only reason why these celebs are getting involved is the big paycheck they are receiving, so it could end badly if people choose to get involved just because they like the celeb endorsing a cryptocurrency.

It is good in the aspect that more people will learn about the topic and hopefully research past Luis Suarez liking it.

Holy, all of the celebrity open an endorsement because they got paid, if they didn't they will never open an endorsement service, you're not living in the cave right? it's such a normal thing among popular people or so called celebrity among the world. If you are curious about it, kindly find some celebrities' instagram and make a conclusion out of it.

you forgot this one. Hubii network : Floyd Mayweather
i think just a few of his fans who can participate on ICOs because much of his fans is from US. More useful to advertise in social media and i think it's cheaper than using celebrity endorsements

they have a big influence so by that some people will convince to know more about bitcoin but for me no need to endorse no need to use celebrity if people want to know about bicoin why they dont its free to know and to learn if they want but if that is not the purpose why celebrity endorse cryptocurrency so it is ok or good idea if they use celebrity.

I believe it is important if celebrities, public characters put some spot on crypto world. even if they don't do it, we'll be growing but there is no good or bad advertisement. marketing is marketing.

i agree, in todays world it's easy to get people to do something if one of their favorite football player, actor or singer endorse. Some people are just sheep and some people would actually start looking into it, either way, good way to do the promotion of the cryptocurrency

I have mixed emotions about celebrity ICO endorsements. On the one hand, I like that it brings increased awareness of cryptocurrencies to the masses. On the other hand, I suspect that most celeb endorsed crypto (witness that scamcoin Paris Hilton recently tweeted about only to have to delete the tweet later when the scammy nature of the coin emerged) is for low-quality offerings and outright scams. If the masses' first taste of crypto is getting screwed on some celeb-backed P&D, that's bad for the overall market.

Still, I think the potential exists for a happy middle ground.

First, the celebrity endorsement needs to come from someone with relevance to financial markets, not an athlete or reality TV star.

Second, the coin needs to be fully vetted and legit.

This would be something like Mad Money's Jim Cramer endorsing something like Iconomi or TaaS or some other legit finance related coin.

I'm torn about this.  On one hand, it's great because it has provided exposure to the entire industry. On the other hand, it's obvious that the celebrities are purely doing this for influencer marketing compensation and do not have any long-term plans with the company they are promoting.

stay away from any ico endorsed by celebrity because:

1- those celebritys don't understand anything on cryptocurrencys

2- it's a pretext to sell tokens at expensive price to investors

Seeing how many ICO's Floyd is promoting, I think I'll make it my morning routine to check his Instagram to see what coins to not take very seriously.

Celebrities endorsing Cryptocurrency would be a good idea. This would give these currencies more popularity among lots of people since a good portion of people right now don't even know these currencies exist.

They have been paid, not really invest in these crypto projects. I think they can't understand what crypto currencies are, and they deal with those projects with their agents.

Viberate has DJ UMEK and Charlie Shrem  8)

Sometimes it helps cause some of their fans might get curious about the tokens/coins thus it will bring more money unto the market

In my view, That Celebrity advertise for Cryptocurrency is certainly beneficial. Look at Centra's ICO, when Floyd Mayweather post a picture with Centra card on his Instagram. Immediately, Centra team had sold out $27 million token in few days.  8)

I think that as crypto becomes more mainstream more celebrities will actually understand it.
A celebrity with alignment to the industry that is being disrupted or where there can base is the audience makes more sense than just a name.
Ultimately investors need to decide whether there is value to be added or it's just a gimmick.
Its early days still and we're going to see a lot more of this.

I think it is a double edged sword.

On one hand it is promoting cryptocurrencies to the mainstream and for cryptocurrencies to become powerful, they need to be used on a global scale.

On the other it is sheer greed, I don't think any of these celebs are bothered and are just getting a nice pay off.

Theres more to the list  ;D

1. FIDE CEO, chess grandmasters - mindsportsio
2. DHL ceo - crypto-bank

I think they r potentially good ico

Wow I did not realize that good old Max Keiser has made his own coin. Doesn't even trade on EtherDelta though, I guess it is still under ICO?
Anyway all these celebrity endorsed coins mean that more and more normal average Joe and Janes will flood the crypto market, which might be a good thing in the beginning but it's eventually gonna be bad.

I think celebrity endorsements represent all that is wrong with the old world - The new world of cryptocurrencies needs trust in Math, not cult of personality. Have any of the ico's listed performed well or have they pumped and dumped
Personally I'll never put into a coin that requires celebrity endorsement.

Viberate seems to be a good project though and looking at the fact that the project has to do with entertainment, I am not surprised it they have some celebrities on their side or if they have few endorsed as this would really help the project a lot. It is a project I am really watching out for and I want to believe it is going to be big.

Out of all the project listed, stox and central are the most successful. The success of these ICO goes to tell us the impact of popular face on product or service can be enormous! Perception and image is everything in sales!

The fact that this is all just for publicity, ICOs are using celebrities to make their token more attractive to more investors, the famous the endorcer the higher the trust the token can get. Without knowing that endorcers are just for hypes but after the hypes sudside the token will be less valuable than what's expected.

Yes. LOL. You should not base your judgment on whether an ICO is going to be successful on support of these celebrities. Most of them are paid, and probably most of the owners of the project are just connected to him or any other celebrity as well. It is important for you to do your own research and see how well the project seems.  You do not know how many of the token of that project he has been offered to do the ad.

So yesterday I invested in Electroneum. Its a UK based cryptocurrency with a focus on Mobile phones (there is an app wallet and inbuilt miner within that which will reward users coins for running it).

It sounds good, but the link to this post is that its being sponsored/advertised by Harry Redknapp. So it must be amazing :0 haha

I really don't think that the owners of these ICO's are connected in any way to these celebrities, it's just another form of advertising.
Notice how most of this advertising is done through Instagram? There are advertising bureaus dedicated to brokering deals between advertisers and these high profile Instagram stars.

Celebrities like Paris Hilton and Mayweather are just cashing in on that too, they're also very popular on social media. Anyone can buy a post from them as long as you've got the money.

I think that celebrities can actually just advertise certain coins to attract users. After all, their fans will more trust the products they advertise.

Are these celebrities aware of what they are doing? Maybe they just want to earn huge amount of money from the project they are promoting. Devs maybe paying celebrities just to make sure they are going to lure more investors. It maybe effective but I don't think if those projects are something  that can be trusted or legit. Celebrities might be victims here too I think some of them are innocent I mean not a crypto fun but because of money they did it. But just to be fair, endorsement done by celebrities are qiet good in this industry due to the huge volume of investors, traders and enthusiasts all over the world that could possibly see such advertisements.

I do not think Celebrity Endorsed Cryptocurrency is so good, because the cost of paying them must be expensive, and also not necessarily effective, such as the stox in endorse floyd mayweather, the price of the coin is now very falling from the initial release price

Yeah I agree, I think you really have to question the motive of a company using a celebrity to endorse an ICO - it's to pump as much coin as possible into the sale. The fundamentals of the product and team is something that be enough of an endorsement itself to go alongside regular marketing (if the project is actually quality).

I think there's a high chance that a celebrity endorsed coin might backfired or turn a turn for the worse unless that celebrity has long dabbled with crypto publicly as well. Else the celebrity is also trying to cash in for the short period of time too (nothing wrong with that technically).

let me add +1 to this :)

I don't know if he's mentioned, nor if he counts as a celebrity, but McAfee is making his McAfee coin on Universa blockchain. I guess that counts almost as an endorsement.

I don't think anyone with no knowledge of crypto should endorse. It may boost the PR of the coin but not good enough if the crypto doesn't do good for itself.

Instead of a celebrity, I prefer companies to be endorsed by someone that is well known in the industry.

William Shatner endorsed Datum tokens. However I did like his tweet that said 'I’m a celebrity so I got paid cash to tweet this out. Now you can #GetPaidForYourData too'. :)

Here are some well-known celebrities that entered into the crypto world!

https://coincodex.com/article/2535/celebrities-and-icos/

If celebrities advertise projects it is good, because the developers have paid them a considerable amount for advertising , which means the project will be successful.

well why not in my opinion if the famous peopel will start get interested in cruptocurrencies people will stop being afraid of them

peopel are usually arfaid of what they do not know so i hope taht peopel will stop being taht paranoid crypticurrency wirld deserves attention

It turns out that many celebrities who have made HYIP for many cryptocurrencies, in fact, simply did not understand what it is and now many famous people are beginning to report in court, because investors are suing.

I guess you are right as this might be a another way of marketing, celebrities never involve in any aspect without money. Well they always want to be in a comfort zone in the very first they will addict their fans on a similar coin and make it popular. Guys trust the project rather than trusting these fellow celebrities.

   Yes, it can affect the popularization of cryptocurrency. But I still have not seen one ad. Although I am a fan of Manchester United)

Advertising projects that are held today by very famous people in any case will enjoy serious success, but it very often happens that projects ultimately become scam projects that advertise celebrities and this is very bad for their reputation.

I think it's not a confession, but a money-making one! And most likely these celebrities don’t even understand what they actually advertised! what a blockchain is and know about its advantages!

Indeed many celebrities do not even understand what they advertise and cannot answer questions when asked about cryptocurrency. They just make money on project advertising.

They are paid to endorse the project and same like us bounty hunters we get paid for promoting them in various bounty campaigns. I doubt celebrities are long term investor and for sure they only care for a quick profit.

Yes i read it too that some of well known celebrity is now doing or endorsing cryptocurrency for us its a good news people accepting crypto. hoping for the best

Well, we seen the outcome of celebrity endorsed project and it has been trouble for those who use celebrity and leverage on their popularity to pull in funds from those who have little to no understanding of cryptocurrency based project, they have had to suffer law suit and bad PR! I hope we lean from this as a community!

I heard about some of these coins, and I am glad that celebrities turn their attention to crypto-currencies and create their own tokens. But we must be careful with such coins, because some scammers use the popularity of celebrities to attract money, nothing more.

Remember that many of us are normal people, with our favorite celebrities and our idolatry, for example I love DJ khaleb, and although I did not know the partnership they had with the crypto, I am glad to know that at least he is interested in this world, that is quite beneficial, although in general would not give me more or less confidence in a crypto, it's just something cool.

I am not a fan to any of these celebrities, but i believe they should be able to influence their ardent followers to invest into those coin. I just see it as a means of   publicity, but i believe if a coin has a good product, the product should make it sell. Except in a case where it is backed by such to enhance more publicity.

They only care about the money that they can get through creating a little marketing gimmick in their social media. Remember myweather gets a lot of money from centra for a little advertisement.
This is a way to waste your money.

This is the first goal of each project, especially the ICO project. They will prefer some famous people like celebrities to promote their projects rather than providing capital to developers for the needs of the project. Usually every investor or new user will be more interested if someone who promotes the product has a high popularity, they will think the project has issued a large capital to make a project and it will look like they really intend to make a token or coin.

The celebrities are usually after the endorsement money they receive and I believe none of them even know as much as 50% of what they are endorsing, they just do it to get rich not because the technology is sound.

The company that is advertised by famous people depend on it , because they have a huge number of tokens there, they attract a huge number of investors with advertising.

Most of the celebrity that is doing crypto are also here to make there money most of them don't even have knowledge of what they are doing they just here to endorse and get there money i personally don't join because i see celebrity doing it.

       In some different areas cryptocurrency  was promoted by some of the most famous in their area of talent and people fanatic by a certain celebrity will easy influence because of their happiness so these will become crypto more popular and to have more user .

You can add another star to your list. Ronaldo de Assis Moreira - known to soccer fans as Ronaldinho. The Brazilian-born midfielder was considered to be one of the greatest players of his generation. Now 38-year-old, the retired World Cup winner is launching his very own digital token known as the Ronaldinho Soccer Coin (RSC).

Well they care about the money and dont care about the project they endorsed anyway since most of them im pretty sure given the template to post insta story or tweets and their account even managed by their own manager. Even im pretty sure that the celebrity themselves dont know that they are posting such endorsement

If the celebrities come from entrepreneurs, I think they will be interested in investing in cryptocurrency. Because they are able to read the situation in every business. But if they are not from entrepreneurs, it will be difficult for them to invest. Even if someone invests in crypto, of course they will have a big influence on the development of crypto in the future.

I only invest if a celebrity endorses a coin. LOL
Of course not! This is pure money grab!

many celebrities, I once referred to an ICO about sports and were sponsored by several famous sports stars, this is actually a good idea because public figures are always in the spotlight

No, I don't go for celebrity endorsed coin actually there are a lot of coins that are political personality based but they are now nowhere to find and also celebrity endorsed in the past, those coins are just pump and dump coins, we must look on the technology behind those coins and not who endorsed it.

for those ICO's using celebrity its because they need popularity,some of the celebrities is paid by the company to indorse their project they are not investors actually they used them to take the sympathy of other investors.

For celebrity to get involved in giving crypto endorsement is a welcome development to the cryptocurrency space, it's going to create massive awareness about crypto to their fans and help increase the demand curve for crypto in the financial market.

Why not they have strong followers, so even if people do not know what the coin they are promoting, they will also become interested and will take a look, but of course the platform and what it is intended for use is the most important thing, because these celebrities has a contract that will expire to endorsed these coins.

I think this is a natural thing from the marketing department. because now there are many artists or celebrities who started investing in cryptocurrency. not a thing that is foreign to them to be a part of it in marketing

Its part of the marketing plan of one project they are taking advantage the popularity of one person, so many people will see thier project, celebrity endorsment is very helpful to gain alot of investors, and make the project hype.

It's so obvious that these celebrity endorses these coins for their payment or as a financial reward to them, someone like Floyd Mayweather I don't think he has used any of these coins or whether he is into cryptos at all. I think it is a good idea to use those that knows much about cryptos.

I think it's good idea, it really help people become aware of cryptocurrency. No one really knows how many fans know and and care to invest but I'm sure they will not hesitate to use and buy it, if the way to buy ticket of a concert or ring fight of their favorite celebrity is the cryptocurrency endorsed.

even though they are a famous public figure, I am sure they cannot pump a coin or ICO price. they are famous but that is not a guarantee that it will affect the crypto currency they endorsed.

I heard that Senator/Boxer Manny Pacquiao will launch his own coin maybe next year. I think its name is PAC COIN if I am not mistaken. I think this is ok because it will not be a scam since names of famous people are linked to the ICO.

This is not the whole list of stars who are interested in or support one or another cryptocurrency. I read more about several actors who expressed support for some projects, and some even are partners of companies that produce their own tokens.

They can add some more investors but it would be very difficult for them to pumped the value, this business also needs a deep understanding and research, a lots of things needs to consider which influencing the growth and success of such project, celebrity will still the same factors with brands
that they introduce same a like a tv commercials its still up to the end users.

The celebrity might be a paid person just to promote the coin and nothing else, I have seen coins been promote by some celebrities that have not performed well in the market. I will not invest because a celebrity endorses a coin.

yup it is true, PAC coin is launch under GCOX platform which their OTC will live this month, Nov 2018.

Together with Manny Pacqiauo is Micheal Owen, Jason Derulo and Caroline Wozniaki. their respective coin will launch one after another.
What i see is GCOX is a ambitious project. it could change how celebrities connect to fans.

I'm personally got some token during their 1st ICO. looking forward to see how this project goes in future.

I think it is not a big deal in cryptocurrency industry because even billionaores like Bill Gates have already part of the community. They are celebrity and they may attract people. It is a good news for crypto world and I know one thing people will use this new technology as a new way of payment. Celebrities are just people who want to invest in cryptocurrency amd want to be part of this growing industry.

On celebrities people always equals and honors them, so they should focus on it, the project only on their fans can be well developed. But you must always be honest.

if promote coins that are related to entertainment, I think it is quite profitable to sell these coins, but it does not guarantee that their big names can make this coin go up, it's just that at least it can make crypto more widely known so that many are interested in investing.

This is a great advertisement about cryptocurrency, if it is supported by celebrities . It is not for nothing that they advertise many products . In addition, they also want to keep up with the times, and cryptocurrency is the future.

that will heavily dependent on celebs works. what they can offer to their fans to maintain their continuous support.

It works like an ordinary advertisement. If some celebrity advertises, for example, a bubblegum, then lots of people buy just that gum) It happens exactly the same with cryptocurrencies.

I think this is one of the best ways to market their ICO - through celebrity endorsements, where most of them successfully hit their targeted sales.
The idea that these celebrities are endorsing it is I think fair and safe.

I think it's definitely good because famous people have fans and by endorsing crypto they spread the word about it among their fans.

Personally, it does not appeal to me when a celebrity promotes a coin.
But that is the way more people are getting aware of cryptocurrencys and i like that.
So it is good if celebrity advertise for crypto.

So the project which was endorsed by celebrities still has the possibility to turn to scam. Like what Centra did, they got paid for promoting an ICO, that's it.

Definitely celebrities bring to the crypto industry a lot of their fans and it affects its development. So far, the involvement of famous people is not so great, but I think that with their appearance in ISO advertising companies it will become a good tool to attract an audience and potential investors.

Those fans who are watching for every breath of their "Gods" ready for everything and of course hey invest some money in crypto)

Please don't waste your time on those coins. Don't even think of investing on those coins. Those are some shitty coins that has been made with no potential usage. They are either clone of some other coins or are just plain crap. You are better off investing on some real crypto currencies that has some actual usage with huge potential. Not only will you be saving yourself from losses but also be supporting those coins along with making huge profits.

This is more or less becoming like a common thing. Although, others might use different forms of endorsement other than using celebrities. I have seen where a project was backed by an exchange and within a short time, it reached its soft cap.

In fact, when an exchange supports a project or invests in it, then this project has more chances for success than a project that is supported by some celebrities.

We have always seen celebrities including the likes of 50 cent openly showing their support for cryptocurrency. I believe this is all very good as we continue to push for greater mass adoption of cryptocurrency across the globe.

Celebrities are people too, and it is not surprising that cryptocurrencies interest them. Moreover, many celebrities have money and have the opportunity to invest.

The fact that celebrities advertise cryptocurrencies is very good, because in this way they penetrate into the masses of people and there is a great prevalence

As a rule, celebrities do something for which they are paid or for which they will be able to get more fame. You are probably familiar with several instances of celebrity advertising scam ICO. As a rule, not all of them are well versed in the issue of cryptocurrency and blockchain.

I wonder what happen to the case of DJ Khaled and FMW in Centra. But no wonder if they get out of it because of the stacks they have. one thing after this I learned that at the end of the day they are just endorsers that sometimes don't know much of the team and the project capability itself so for us investors and believers we should not be blinded by the endorsement no matter how fanatic you are of them.

I think celebrity endorsement is good for raise awareness about cryptocurrencies for a wider audience. I have
seen recently  Ashton Kutcher investing in Ripple and also advertising it in a TV show .

There are many celebrities nowadays which is endorsing cryptocurrency. Even other celebrities have their own cryptocurrency company. Here in Philippines we have our boxing champ, manny pacquiao who is also have his own cryptocurrency. I just hope that all the celebrities who endorse really believe in cryptocurrency rather than just to earn for the endorsement.

Although not as significant as last year at least they can bring their fanatical fans into the world of cryptocurrency. Even though I don't know whether they can last long or not in the commodity world like this, I can only hope that hopefully with the passage of time, the steps they will take will be followed by other artists and fans.

Remember that celebrities function as sponsors, it may be that a certain brand or celebrity sponsor another brand or try to help, but remember that they pay them for that, so that takes away a little honesty with the monetary exchange, of course also many personalities do not like to be linked to bad brands, so it can be a comfort to decide which cryptos to support.

it can attract awareness and interest but it will not guaranty success, you need great developers and a good platform to attract support and investment, marketing is just one side of it, but it will die naturally if there is no good product involve it will just become a hype coin.

with the joining of celebrities can encourage the progress of a project and attract new investors, currently the crypto world has begun to be popular, especially the ico program, because they think if the investment program will provide long-term and significant benefits

It is very good. The presence of celebrities and their statements in any field help to its further development.
I think that cryptocurrency is also no exception. Right now, such support will clearly not hurt it.

It is not bad for celebrities to endorse crypto especially now that we need more adoption. If only their fans would key into the idea of crypto, that will be a welcomed development.

I see that celebrities in cryptocurrencies and especially in ICOs are only making fake certainty, people think that project advised by big name cant be a scam. But the situation is totally diffrent.

Well it helps for the team of the coin. Since, they could get as much investors and a lot of investments in a short period of time but the down side is after the announcements and advertisements are done the value of the coin will also go down leaving people who have hopes for the coin hopeless.

Yes, I agree with your opinion on this topic. Cryptocurrency is growing rapidly as per the time and user has started to make the use of it. But celebrity endorsement is a great strategy to spread the importance of the cryptocurrency towards the people. If celebrity promoting the ICO's then definitely it will make a great impact on people.

I had no idea celebrities are actually doing this stuff. well, it wouldn't influence me anyway, i am trying my best to think independently. it feels safer

Probably after retiring from sports, world champion on jump from 10 meter tower, decided to invest his millions not only in the development of tennis sports, but also in cryptocurrency

It is natural that more and more famous people recognize and invest their capital in digital assets. Since the popularity of bitcoin is growing every day. Every day more and more Fiat money is transferred to digital. As any people and celebrities cannot ignore. He wants to increase and preserve his capital.  For a beautiful life

This is very important when celebrities talk about the benefits of crypto. Regarding my understanding, I was promoted to the exploits and investments of the statement then still Minister of Economic Development of Russia German Gref. This is a very important event - when such a respected official goaorit about his personal participation in crypto history.

Celebrity might be a good factor to take the project legitimacy less risk than the other or 0% of risk that those project become scam. More investor will attract if know celeb endorsing one project. Like many pacquio did in his recent match

This is just great news for cryptocurrency . Like no one else , celebrities have crowds of fans who follow them very much . The best advertising crypto-currencies is just not to think . This once again confirms that cryptocurrency is the future

Actually it's a good thing when promis advertise cryptocurrency, even if it doesn't appeal to me. As a result, more and more people are becoming aware of crypto and that's good. As long as the celebrity don't advertise scam coins, everything's fine.  ;)

In most cases, many celebrities do not understand what they advertise at all, although it often happens that people just get their money for it and move on. But in any case they are not responsible for this.

I totally agree with you . most often for them advertising is part of personal income. Perhaps they just want to keep up with the times, and show everyone that they also understand the cryptocurrency . Now it is possible to be advanced. At all on hearing bitcoin, just not everyone understands what it is and what to do with it. But for the crypto currency, it is in any case advertising, which will not hurt

Some celebrities just go and agree to advertise a product without knowing what totally the product is, and some beginners think that it is good to invest in there because a certain celebrity endorses it

I think I also one of the Cryptocurrency that are being launched here in my country was endorsing by a popular celebrity here in my country and I think it would be a great endorser in a Cryptocurrency to get more investors in a such good way. And I think it would make a Currency get it's success in a short time after it launched.

These ICOs endorsed by celebrities won't achieve anything and most likely exit scams. I know only about centra, that eventually police catched founders.
But it attract mass and doesn't attract those guys who know something about crypto.

It is the epoch of influencers right now, so why not?) I hope that these celebs take care of their reputation and at least try to find out what the hell they are promoting))

Mostly they are just using the celebrities to get more people to invest in their scam coins, they are just going to take off with the money that they get from the investors once they are done, but they know that with the celebrities endorsing the coins, they are going to get more supporters for the coins. It is all a facade to get people to think that it is a good project

I have not seen anyone from celebrities pay with cryptocurrency or say that invested here, they usually advertise ico projects and no more

it seems to me that we should be really careful with that particular field of ads. we all know how it is paid and that people are different and some of them won't think twice just to get their profit, even if they cause potential harm to others

Still have to remember about Olga Buzova with her BUZcoin. In most cases, when celebrities mention any project or coin, it's all paid advertising and that's why I do not trust.

If some cryptos endorsed the celebrity to promote their coins or tokens I believe that they spend much money. And it may prove that they are real, not scams. But we must not only pay attention or determine that they are good or not only based on that endorsement. We must also analyze the projects and ideas behind. So we can expect that the projects will be successful or not in the future.

It is good for us. Because it can help to convince people to invest in cryptocurrency. Like for today we need new more investor who are willing to invest and open minded and know the potential of the cryptocurrency to recover again the market. Popular people we need right now more advertising more investor we get.

okay given the fact that they have money to pay those celebrities, but yeah you need to see the underlying factors within the system. do they really have solid foundation to exist here in crypto? or they are just hyping up the project to attract big whales to invest in their project? or they are just riding the bandwagon of creating their own coin but doesnt really know the technicalities behind it? you will see if they are real endorsers because they will be there all throughout its development but if its not, they are just for the show!

I think it does. It reflects that even celebrities are into cryptocurrency therefore cryptocurrency has spread into a wide array of people including celebrities. It really helps because of the trust these people have on the technology. Their fans will definitely follow their footsteps to some degree.

When celebrities endorse a coin it will surely have a good head start.  Especially if the endorser is very well know. Many follower will surely invest also. But in the long term. It depends on the output of the team to ensure that they hold on to their investors and never cause investors to leave.

they all have fans who are very supportive of their careers and what they do is a smart move, so that is cool step for them

You need to be honest - most celebrities are starting to participate in different projects on the crypto market, because they are paid for it with money or coins. But I am glad that celebrities are involved in this - thanks to them, more and more people and potential investors will learn about the important features and benefits of cryptography.

I somehow agree. As much as people know that they are endorsed by celebrities, it is really just the celebrities' money that is movig here and their name. Although it can help no doubt, I think what would give a bigger impact is if people will see that celebrities really having knowledge about the cryptocurrency market and marketing a coin with deep and technical knowledge. At least, that way, it is more believable.

I thinkvit came help the legitimacy of the ICO. We all know that majority of them were scam and it could help a little bit if someone famous and has reputation will endorse it. I just want to know what happened on the ICO they endorsed? was it successful? Well it should be since those endorsers know what they are promoting as well.

Most of the projects that showed many celebrities all the same turned into something terrible, because I look and see that many projects are simply destroyed, although this probably means that celebrities do not care what to advertise.

I think it will help in that when these celebrities fans saw their idol endorsing any crypto then out of curiosity will they try to find out what the crypto is all about. Who knows they might end up becoming investors. This a very good marketing strategy using the celebrities in endorsing coins. It will bring more investors and also popularised those coins endorsed.

I know that Ramzan Kadirov from Chechnya bought bitcoin. And i dont think that if celebrity buys crypto, it is some kind of sign. It is just their greed

Yeah, in my opinion, endorsement by celebrities about crypto currencies does not have a strong influence on the world of crypto currencies. The number of celebrities who do endorsement does not have a significant change. In the world of crypto currencies, players do not care whether the coin is supported by celebrities or not. According to them, including me, this endorsement or not will not change the market conditions. Coins endorsed by celebrities will not mean if the coin does not have a real benefit. Crypto currency players are more concerned with benefits that can be felt and interesting innovations than just endorsed by famous artists or celebrities. In addition, celebrities who endorsement certain crypto currencies are not safe because their names can be easily used for fraud. I am sure that this fraud will occur a lot on behalf of famous celebrities. That is a bit of my thinking.

Endorsement it good and it gives credibility to projects and sometimes, it helps to attract investors. Although, this sometimes might depend of who actually is endorsing it. For instance some people might get endorsement from a celebrity that has lots of fans, do that the fans and those who are close to those fans can be attracted to such project in order to invest into it.

What do they know about technology?
Celebs are all fake, we all know this is true.
Don't believe these people, believe in technology. Marketing, ads ruined all markets in the world. Crypto will not be like that.

Unfortunately, the cryptocurrency market is not different from the others, so the story is likely to repeat itself. I agree that celebrities do not understand anything about technology and therefore what they say about cryptocurrency does not make any sense.

We actually do need a lot of wealthy celebrities in cryptocurrency. These are the people who can bring in more investment for cryptocurrency, and also add more credence to it.

Then, the next question "does the way guarantee that the project is legit?". well, actually, this kind of situation is not exact. We may appreciate their promotion by spending more money than as usual because they endorsed the celebrities. It will not be easy and cheap. However, to ensure the project is legit or not, you must still analyze the other elements. Think of their team member, the ways they conceptualize the projects, and also all terms involved. I actually becomes a big fans after getting more and more profits Then, I also like crypto because of the unique technology that is always offered.

I think that after a large number of lawsuits, as well as a very large number of fines, many celebrities simply stop investing in cryptocurrencies and stop advertising them at all, because now they understand what they advertised.

Personally, I am very pleased that today more and more celebrities are participating in various projects in the crypto market. Of course, they are paid money for it - but even such participation helps modern society to learn more about the crypto market, the advantages and prospects of reliable cryptocurrencies.

Recently, reliable cryptocurrencies are becoming more common in the world. And I am pleased to see that many celebrities are beginning to understand and support various cryptocurrencies. Due to such changes, reliable cryptocurrencies will be able to attract additional investments and successfully develop in the future.

Of course, the participation of celebrities in various projects is of great importance for cryptocurrencies and cryptography. Indeed, thanks to this, many other people learn about the opportunities of the crypto market. But in any case, when choosing a suitable project for investment, I am not guided only by the fact that celebrities participate in it.

yeah like you said, that's just waste developer money without get many feedback for their project, maybe the enndorsment reached to many people but without 1-5% interest in the project from all fans

the main problem for celebrity endorsing some cryptocurrency project, is not relevant, because thay are don't have any knowledge about cryptocurrency and blockchain technology they are endorsed

I really don't trust these celebrity endorsements really simply because they can actually prey on gullible masses or their gullible supporters and take their money with the investments. I think the best part of celebrity endorsements though is that if the developers are sincere in their quest to get the best with their investors then that would be no problem for us to deal with them.

Those celebrities have no knowledge of the cryptocurrency market. All these their tokens csme during the Bull run let's see how it fairs after this bear run. May I even ask, what's the utility for these tokens endorsed by them or is it just for money grabs?

Celebrity endorsed coin does not mean such coin is already successful and achieve what it created to do rather,  it is a ploy by the ICO promoter to leverage on popularity and follower of certain celebrity to sell their coin!

Even celebrities are looking for ways to increase their capital, and investing in cryptocurrency is one of them! In addition, celebrities create definitely profitable marketing.

That will bring a lot of people to the cryptocurrency world why because sometimes you found out that people always put eyes on celebrities what the do to earn money for them to try there own best with them in crypto it will make it more popular.

A celebrity can be paid to endorse a project that doesn't mean the project will be successful most of the project have failed and some of the celerity are being prosecute as we speak, for example Floyd Mayweather and DJ Khaled for endorsing centra ico which happen to be scam.

building a community or aiming for a successful project with the help of celebrities in my opinion is a very good idea but it's not a guarantee that the ico supported by celebrities will succeed because all fans may only care about or know crypto.

 sometimes celebrities who endorse crypto can be used as one of the best ways to attract investors, aiming to make the project a success. I see that it can be used as the best way to prove if the project can be successful.

Usually, celebrities do not help in any way to make the project really relevant. Usually, celebrities are attracted to save projects that will soon be drowned. The only exception is John McAfee. His presence always favorably affects projects))

I think celebrities can play an important role in rising awareness of cryptocurrencies.  Some of the singers
are tokenizing their businesses and that way it will be the best advertising if they are participating in crypto themselves.

Why there is no McAfee on your list ?  ;D
I think it will be good if you not blindly buying the coins suggested by the celebrities out there.
They are not crypto experts. Unless they know the project is really have potential, i think im not gonna buying the coin.
Own research and due diligence will help us better to find a good project.

Precisely. And they can definitely help to make this kind of investments be recognized more likely by big businessmen around the world. Also, it could generates more opportunities that will make all people here to be satisfied in doing some valuable works inorder to have a better life ahead.

Not anymore guys, these celebrities doesn't know what they are endorsing.

They don't care about the project, they don't care road maps, whitepapers or legitimacy as long as they are paid with hundreds of dollars for just mentioning the project.

I do not think that this will increase the flow of potential or real investors. Rather,it will just help to show that it is worth investing for all people. And this opportunity is amazing

What is special about the fact that celebrities are also interested in cryptocurrency investing? It's totally normal. In addition, the market are all equal, so do not exaggerate their value

the good news is that if celebrities take part in this crypto world, I just found out that there are celebrities who like crypto. I hope in my country it will be like this news, or at least it can realize crypto legality in my country. because crypto an extraordinary blockchain technology.

It is getting popular that Floyd Mayweather Jr. and DJ Khaled will be paying hundreds of thousands of dollars as penalty for the so called Centra scam. But I also hear that Centra team continues to claim they are not scamming people and will continue to work with it.

I doubt that celebrities somehow contribute to the development of cryptocurrency, because they can afford to lose big money, and therefore can sometimes do not reasonably, unlike ordinary people!

they are brave enough to take part in this crypto world, I think they only focus on the world of action but it turns out they are taking part in this crypto world. this good news but the question in my mind is what part did they take? investment or trade. and my positive opinion that this is good news showing that crypto is increasingly in demand by various parties.

It is good that famous and successful people know cryptocurrency. Success usually runs with money, and cryptocurrency needs advertising and investment. Moreover, cryptocurrency is becoming more and more famous every day, they are interested in it, they invest in it, many corporations release their coins and adopt the blockchain technology. Celebrities will undoubtedly be able to interest even more people and I think will lead investors from the world of art.