The Metaverse used to be a place only those in the tech world spoke about, but now even Hollywood’s A-listers want a piece of it!
Web3 is the newest evolution of the internet. At its core, Web3 technology operates through blockchain networks, cryptocurrency, and NFTs to verify ownership. Web3 is unlike previous versions of the internet as its four core features enable users of Web3 to operate freely on the internet without fear of having faceless corporations owning and profiting off their data.
These are the core features that benefit Web3 users:
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“Web 1: Read, Web 2: Read-Write & Web 3: Read-Write-Own” – a 2020 quote from a crypto enthusiast in the UAE.
As Web3 gains more attention, its influence is seeping outside the expected tech circles and into Hollywood through the strategic use of the Web3 industry and its surrounding platforms. In the last few years, celebrities have swarmed into the metaverse to benefit from all of the wonderful opportunities that Web3 has to offer. The best part of blockchain technology and cryptocurrency is that you don’t need to be involved in the technology industry to reap the benefits of the new technology. Numerous celebrities have jumped onto the Web3 bandwagon without writing a single line of code in their lifetime.
There are five ways that celebrities have gotten involved in Web3:
The NBA superstar coined the trademark “Curryverse.” This is the name of the basketball hero’s newly minted NFT project and virtual environment. According to the patent the Golden State Warrior filed, the Curryverse will entail “online games in which players can earn non-fungible, digital tokens, or application tokens for exchange, trade, sale, or purchase in an online marketplace.” Either way, it’s refreshing to see athletes venturing into the grey waters of the virtual world.
Gary Vee has been somewhat of a prophet for the Web3 space and NFT technology. Before the underlying blockchain network entered the mainstream, he preached the need to adopt Web3 technology and invest in NFT and crypto technology. His early involvement in the Web3 industry primed Gary Vee to take full advantage of the NFT market. This inspired the media mogul and serial entrepreneur to start the VeeFriends projects.
This Hollywood power couple has long supported blockchain technology and cryptocurrency. The couple has made it their business to educate the world about the potential of Web3 and the need for the youth and minority groups to get involved in developing the new internet. This vision has manifested itself in a new NFT cartoon series, Stoner Cats, that is only available for viewing for 10 000 lucky NFT holders. Each NFT was minted and sold at an initial floor price of 0,35 ETH. The project blew up in value and has since raised the crypto couple over $8 million.
Paris is the self-proclaimed “Queen of the Metaverse.” She hosted an NFT promoter panel with fellow NFT superstar Gary Vee. The long-standing Hollywood It girl even gave Jimmy Fallon the rundown on all things NFT to him.
“Glad I explained what an NFT was to him,” Paris boasted after her appearance on the Jimmy Fallon Show.
She has since partnered with the Sandbox to create her own metaverse experience in the form of a multipurpose Virtual world called the “Paris World” that will allow her fans to interact with her and buy virtual merchandise in the form of in-game NFT purchased and traded on the Sandbox marketplace.
Justin Bieber, the international pop sensation, surprised his fans and the rest of the world with his virtual popup concert after the pop star announced his partnership with the virtual entertainment company Wave. The “interactive virtual experience” combines gaming, real-time rendering, and motion capture technology to make a completely immersive performance for his fans to enjoy simultaneously from all over the globe.
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