NFT-boosting celebrities like Floyd Mayweather drew in a lot of interested buyers. Now some investors have been left 'financially crippled.'
“It’s insane how much [celebrities and influencers] can make,” he said, adding that novice NFT investors too often put their trust in figures who “don’t have their interests at heart” and are “just preying on their wish to get rich without learning about the industry.”
Despite losing money, it also doesn’t appear that fans of Mayweather or other celebrities are going to give up on NFTs or crypto. “I’ve grown up looking up to some of [the Bored Bunny promoters]. I’ve watched Floyd box. For me, being someone who has followed these people and thinks they’re genuine, it was like: ‘Oh sh--, they’re jumping on this project? Well, I want to get a Bunny. I don’t want to miss out on that.’”
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