Paris Hilton Talks About Her Support for Crypto, the Metaverse, and NFT

Paris Hilton, an American socialite and media personality with a vested interest in blockchain technology, discussed the Metaverse and Non-Fungible Tokens (NFTs). She stated that she believes in crypto, the Metaverse, and NFT because everything is going digital.

Making NFT artworks was therapeutic and healing for her, she said. She also claims that NFT, as opposed to traditional arts, has a higher resale value and, as a result, is the future of the arts. She also hinted that her next NFT collection will feature the highs and lows of her real-life story.

Paris stated that she had long been intrigued by the idea of the Metaverse, even before Facebook changed its name to Meta. She claimed that she already had the idea of being a DJ and that people could see her virtually. She eventually let her creativity shine through by throwing her first Metaverse party this past New Year’s Eve.

In addition, Paris told the Guardian that her first investment in crypto was influenced by her friendship with Ethereum’s founders. Since then, she’s devoted herself to collecting crypto art, and she now owns over 150 NFTs. Sotheby’s Metaverse has also featured Paris as one of its digital collectors to launch its NFTs.

Media Influencers Get on Board with Blockchain

She went on to say that she has been advising crypto investors to buy the dip because she believes crypto will rise in value. Hilton’s support for blockchain technology amid the ongoing bear market demonstrates the technology’s growing mainstream acceptance.

Media influencers are starting to explore the use of blockchain technology to create new forms of content and to connect with their audiences in new ways.

Some influencers have also collaborated with exchange platforms to build their own token-based economies in which fans can buy and sell tokens. For example, an earlier report revealed that the defunct FTX was on the verge of finalizing a $100 million endorsement deal with Taylor Swift before filing for bankruptcy.

In 2022, Exit Festival also launched NFT collections in collaboration with famous celebrities, Christina Carmela and Maceo Plex