Is It Sensible To Have Your Own Cryptocurrency? Why Popular Brands And Celebrities Want To Have One

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GameOfCoins
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Is It Sensible To Have Your Own Cryptocurrency? Why Popular Brands And Celebrities Want To Have One

Sun Aug 19, 2018 7:21 am

Prior to 2017, phrases such as “cryptocurrency” and “blockchain technology” were terms only understood by the geeks of society. Only they had the technical knowledge to fully grasp and understand the concept behind this budding technology. Soon, however, the world slowly and surely caught wind of this innovation and soon, both phrases became popular household terms. This combined with intensified mainstream media reports about cryptocurrency success sparked the onset of crypto-mania.

Crypto-mania triggered a worldwide obsession over cryptocurrencies that led to mass adoption. A combination of curiosity, enthusiasm, and a Fear Of Missing Out (FOMO) presented the continuous drive for people to invest in cryptocurrencies. This, in turn, led to the creation of a billion dollar unregulated industry. Recently, the total market cap of the industry stood at around a whopping $273.3 billion.

Today, digital currencies are considered one of the fastest growing assets in the world. They have become insanely popular, reminiscent of the World Wide Web debut into the world. Just like the internet, blockchain technology promises to disrupt several industries, improving upon conventional everyday tasks. Therefore, it’s no surprise that popular companies and celebrities are making the move towards crypto-assets.

From musicians to athletes to popular billionaire investors, one by one celebrities and brands are jumping into the cryptocurrency bandwagon. While some have chosen to endorse or invest in certain cryptocurrencies, others have straight-up decided to create their own. In this article, we will take a look at various brand and celebrity activities in the cryptocurrency sector with emphasis on those creating their own cryptocurrencies.

https://zycrypto.com/is-it-sensible-to- ... -have-one/

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