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Paris Hilton publishes a surprisingly knowledgeable article on NFTs

Paris Hilton has shown in a lengthy blog post explaining her enthusiasm for the sector that she is not only a non-fungible token enthusiast, but is also well versed in the potential uses of the technology. Posted on Wednesday.

In a blog post titled “I Love NFTs – You Should Be,” Hilton shows a deep understanding that she can learn all about the subject by immersing herself in the NFT community on social media and “working with NFT collectors like WhaleShark, Illestrater, internet entrepreneur Kim Dotcom and the founders of Origin”.

This 40 year old woman has 16.9 million followers Twitter and it has 19 different product lines, and its perfume line alone has generated more than $ 2.5 billion to date. He wrote:

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Paris Hilton publishes a surprisingly knowledgeable article on NFTs
Paris Hilton publishes a surprisingly knowledgeable article on NFTs

Often referred to as “the world’s first social media influencer” and calls herself “#bossbabe”. Hilton appears to be aiming to position itself as an authority on the NFT space, at least for a traditional audience, as it prepares to release a new version soon.

That’s what the former reality star said Home isolation during the global pandemic had “shed light on the importance of digital worlds and NFTs” as many people turn their lives online for entertainment and social connection. In particular, Hilton points out the potential value of NFTs in virtual reality:

I began to understand the impact NFTs can and will have on virtual worlds. Digital art, fashion or brands can be displayed on a person’s avatar or in a virtual environment, or exchanged for other goods […] Virtual real estate can now be purchased with NFT. In the Axie Infinity virtual pet universe, someone paid $ 1.5 million in cryptocurrency for nine parcels. You can also buy virtual cars.

Hilton notes that NFTs could also enable the fashion industry to showcase their designs and products digitally as the pandemic is currently making it difficult to hold fashion shows. Cointelegraph reported this week that Gucci is weighing the possibility of joining the NFTs and labeling its fashion clothing.

Hilton uses the example of authentic tokenization of baseball cards to explain the basic concept of NFTs to his millions of fans. He said, “As the owner of the card, you can create a token on the blockchain that represents the authenticity of this baseball card. Now you can exchange or sell it for other valuable goods on the blockchain.”

Hilton Believes “NFTs Democratize Art”Artists can use NFT platforms to connect directly with large audiences and buyers, avoiding intermediaries such as galleries, dealers, and agents.

The “#bossbabe” believes that too Cash rewards can be fairer as the individual can determine their own financial terms and retain most of the income.

Hilton concluded with that The potential uses of the technology are so wide that you are just beginning to understand them.

Some of these uses could even change the way we live. What if we could use NFTs as security for physical items? Or to trade with them?

The social media personality sold his first NFT in August 2020 before the 2021 mania hit: an NFT with a painting of his cat that sold for $ 17,000. He donated all of the proceeds to charities such as the LA Food Bank, Meals On Wheels, and BB4Homeless.

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