Celebrity Endorsed Cryptocurrency

[hunker_down]

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.

[Teraboy]

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 buisnesse.
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 advisors.
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.

p.s. if you want to be part of the next big revolution after Bitcoin,take a look at this project 

www.deeponion.org

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.

[deadmousehat]

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??

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

[infinity33]

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.

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.

[btcdepo]

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.

[joshmontford]

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.

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 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

[NoiseBoy]

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.

[Coinve.st]

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.

[anasso]

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

[AngelSupport]

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.

[FrozenByte]

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.

[Triload]

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.

[denizzz]

Viberate has DJ UMEK and Charlie Shrem 

[SamboNZ]

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??

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

[Beremat]

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. 

[marckenigsberg]

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.

[jimsteel]

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.

[tokencorgi]

Theres more to the list 

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

I think they r potentially good ico

[Tyr808]

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??

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.

[Jordan_Hodge]

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??

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.