fbpx
Celebrities in crypto: Singers

Top 5 Celebrities in Crypto: Singers

The number of cryptocurrency users is growing as fast as greased lightning, and celebrities occupy a prominent place among them. More and more stars are shifting to the decentralized world which surely deserves praise. Today we have prepared this blog post for you about 5 celebrities you won’t believe are into crypto. So let’s not wait any more, and jump into the most interesting part!

1. Mel B

Do you know who is one of the first artists to accept Bitcoin as payment for their songs and performances? The original Scary Spice from the pop band Spice Girls, aka Melanie Brown, aka Mel B!

She sold her 2013-2014 Christmas single “For Once In My Life” directly from her website in exchange for Bitcoin through a partnership with CloudHashing. Cloudhashing is one of the biggest companies in the industry which offers bitcoin-mining contracts. 

“I love how the new technologies make our lives easier, and to me that’s exciting,” said the artist. She also added that Bitcoin unites her fans all over the world with just one currency.

2. Akon

Earlier this year the 47-year-old artist Akon shared a tweet telling about the finalization of the agreement for AKON CITY. Akon initially announced plans for the futuristic “Crypto city” in 2018 to be built on a 2,000-acre land gifted to him in 2018 by Senegal’s President – Macky Sall. After the city construction, the community will trade using only the Akoin – a Stellar-based cryptocurrency the singer will launch later this year.

As Akon claimed, the city is going to be mainly focusing on solar energy, with the transactions fully based on crypto.“It’s a 10-year building block so we’re doing it in stages. We started construction in March and stage two is going to be in 2025”, Akon said in an interview with Power 106 Los Angeles.

Estimates put the value of constructing the self-sufficient, eco-friendly city at around $2 billion.

According to Akon, blockchain and crypto will save Africa, return the power to the public and make them independent from the government. 

As regards to Akoin, it will be available in all 54 African countries, according to its website.

The Akoin ecosystem is intended to be not just a currency, but also a way to establish credit, borrow money, access government services, and more. Akoin whitepaper went live in March this year.

3. Katy Perry 

The well-known singer and currently the third most-followed person on Twitter Katy Perry has shown her support towards crypto in 2018 by posting an image of her crypto-themed manicure on Instagram. Her nails were decorated with 3D images of five cryptocurrencies (Bitcoin, Ethereum, Litecoin, Stellar, and Monero) over a background of US dollar bills. 

With the caption: “$—CrYpTo ClAwS—$”, the singer also tagged the Instagram accounts of all five cryptocurrencies to show her support for the blockchain. Overall it gained more than 200,000 likes.

Moreover, in November 2017 Perry shared another post on Instagram with American investor Warren Buffett saying: “nbd just asking Warren Buffett his thoughts on cryptocurrency”.

4. 50 Cent 

Famous rapper Curtis Jackson aka 50 Cent, was a bitcoin millionaire for years and found out about that only at the beginning of 2018.

In 2014 he sold his album “Animal Ambition” for a fraction of a single bitcoin and earned about 700 bitcoins – worth nearly $662 each at that time, and about $400,000 in total. Apparently, he forgot about them afterwards. In 2018 they were worth more than $7 mln and nearly $6.8 mln now.

“Not Bad for a kid from the South Side, I’m so proud of me”, 50 Cent wrote in an Instagram post, but later deleted.

5. Nasir “Nas” Jones

American rapper Nas is also a venture capitalist. In 2014 QueensBridge Venture Partners was launched, when the firm invested in Bitfury Group as part of a $20 million Series A investment round. The track record of the QBVP investing in blockchain and crypto projects also includes BlockCypher, Coinbase, and Robinhood. 

Nas also told in an interview with Coindesk in 2014 that he was an investor in Coinbase. “Bitcoin will evolve into an industry as big, if not bigger, than the Internet. This isn’t of the Internet age, bitcoin is its own age,” Nas explained. The rap star added that many obstacles will occur from the security and privacy side, yet 20 years ago the internet was in the same condition.

Unbelievable, right? Now you know a little more about your favorite singers and their involvement in the blockchain industry. You see the more we explore the world of crypto the more we see people choosing it as it is more convenient, more secure and provides lots of benefits. You can become a part of this emerging world already today. So don’t lose your time and start investigating the blockchain and crypto space!

Our Blockchain Glossary and Blogposts can be a good start for you!

blockchain in supply chain

3 Use cases of Blockchain in Supply Chain Management

The time has come to talk about a use case that is one of the most popular: SUPPLY CHAIN. Firstly, let’s find out what Supply Chain is. It is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources. The supply chain also represents the steps it takes to get the product or service from its original state to the customer. Depending on the product, the supply chain can span over hundreds of stages, multiple geographical (international) locations, a multitude of invoices and payments, have several individuals and entities involved, and extend over months of time.

So what does the supply chain need? Of course, it needs reliability and integrity, which are provided by blockchain and there is no dispute in the chain regarding transactions because all entities on the chain have the same version of the ledger. One of the advantages of blockchain-based supply chain systems over standard databases is that nobody can change the data in blockchain. Another advantage of blockchain is that a retailer can control suppliers by monitoring products from the moment they are moved from a warehouse.

Let’s take a look at interesting aspects of blockchain applications in supply chain management.

Diamond supply chain

The history of blockchain in the diamond industry can go back to May 2015. Back then an Australian entrepreneur Leanne Kemp founded Everledger — a global digital registry for diamonds powered by the IBM Blockchain Platform. One of its main goals was to solve the “blood diamonds” issue. Blood diamonds are not the only issue, as gem retailers are also trying to detect laboratory-grown diamonds. They are less valuable among customers and sometimes are sold as natural ones.

Food & Agriculture

We can take Provenance as a good example. It enables every physical product to come with a digital ‘passport’ that proves authenticity and origin, creating an auditable record of the journey behind all physical products.

Moreover, Retail chain Walmart is using blockchain to focus on food safety, tracking, and traceability. For example, the company is already carrying out tests using the tech to track food products like mangoes from Mexico and pork from China. The system uses sensors to record temperature in a blockchain system. In this way, the company can assure quality and food condition during transit. Last year, it took two months for experts to trace the source of a salmonella outbreak in Mexican papayas. With blockchain, this process can take some seconds.

Healthcare

In the medical field genomic data is used for customized patient diagnosis and treatment. While the pharmaceutical industry can use it for the development of new drugs and therapeutic agents. Macrogen is not the only technology giant looking to apply blockchain tech within the genomics industry. As far back as 2014, an Israeli startup called DNA.Bits announced plans to store genetic and medical record data using blockchain technology.

For example, transplantChain is a medical supply-chain management tool that tracks the protocols and signatures required for organ transplantation. It uses blockchain technology to fix donor matching issues to make the process faster and more efficient. The platform would allow hospitals to select organs within proximity and have them prepared to be transported. The platform would also provide detailed information and the medical history of each organ.

All of this showcase how blockchain revolutionizes supply chains in various fields. And above-mentioned examples are just the little part of them. It is obvious that blockchain and supply chain are like synergy and the whole potential is more than you can find from projects.

Find out a more thorough investigation of blockchain applications in various industries here. The industries range from fashion to healthcare, from real estate to education, and more.

References