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The celebrity token arc, like many arcs, was bad. Extractive. Villainous, even, in some circumstances.
Price action on every single one has been abysmal. Anyone who bought them lost 90%+ of their money.
I would, at the moment, strongly advise any famous people to avoid tying digital assets to their name. This could be a whole additional discussion.
All of that said, your point in another comment about the token already existing is very valid.
While we can't turn back time, I do give Waka and Iggy a lot of credit for continuing to show up to Web3 despite the massive headwinds and horrible price action of their assets.
There are people who have soured their opinion of them both, as any Web3 thread on celebrity tokens would show, but continuing to show up and put in effort is a lot more than 98% of other celebrities who launched anything in this space.
This, to me, is worth something, and I respect their efforts to learn. 0 reply
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