Lyndsay Lohan allocates funds from her NFTs to encourage youth use of bitcoin

Sandra Loyd

American actress and model, Lindsay Lohan has shown her support for bitcoin (BTC) and cryptocurrencies through her social networks, to the point of launching her own non-fungible tokens (NFT), based on the Ethereum blockchain .

Lohan’s NFT launches were made through the Rarible digital asset market. The first of the tokens was announced last February 10 by the actress, on her Twitter account.

The collectible token is an image of the actress accompanied by the word « Lightning «, in reference to the network of instant payment channels and very low commissions of Bitcoin. It was purchased by the user “Loopify” for around USD 17,000. The work was resold, days later, for about USD 70,000.

In a message that accompanies the token, Lohan assures that what he received for the sale of his NFT, will be donated to charities that accept bitcoin in order to “empower younger generations to adapt and learn about this revolution humanity is witnessing.” The description made by the movie star is in reference to bitcoin and digital assets that currently have gained ground in wide sectors of the world economy.

The next token that the actress put to The sale was called Rolling in the Bitcoin and is an image in which the actress appears who seeks to evoke the painting « The Starry Night »by Vincent van Gogh. The collectible, after going through several hands, is currently on sale for almost $ 80,000.

The NFT is accompanied by a description in which Lohan thanks for the “love” received from the people who bought his previous token. He indicated that what was received was donated to the foundation Save The Children.

Rolling in the Bitcoin : there is a lot of potential in this digital currency that was created by Nakamoto,” he highlighted in his message.

Another NFT from Lohan, which goes by the name Bitcoin to the Moon , was launched for International Women’s Day. It is a token that has the image of the also singer, next to a yellow Volkswagen beetle vehicle and on the front it has the Bitcoin logo, although it could be contradictory, since Rarible operates on the Ethereum network.

The image looks like a poster that alludes to the Disney movie starring the actress in 2005, Herbie: Fully Loaded and was acquired for about USD 42,000.

In the NFT description, the actress left a message for women: «Empowering all women who give wings to this dream of freedom through Bitcoin. Happy Women’s Day to all the champions! “She also assured that she would buy” works of art “from other women to support them.

Actress Lindsay Lohan sold a collection of 99 tokens with her image and the Ethereum logo. Source: Lindsay Lohan / rarible.com

A few days later, he announced on his Twitter account that would give USD 10,000 to a bidder with the launch of another token. This time it would be a collection of 99 NFTs.

Lohan, this time, winked at Ethereum. The image shows the actress holding the logo of the second most important cryptocurrency in the market and, according to Lohan herself, all the tokens were sold, raising a total of USD 81,140.

«I have donated a part to Save The Children and I gave USD 10,000 to one of the bidders. Thank you all, stay tuned for the next one, ”added Lohan.

Non-fungible tokens are digital assets that represent real-world objects or people, including songs and works of art, among others. They have the particularity of not being interchangeable with each other and function as a digital certificate of authenticity, as reported by CriptoNoticias.

More artists try their luck at the NFTs

Recently, this medium announced that the American rock band Kings of Leon , raised more than USD 2 million for the auction of the collection of non-fungible tokens that went on sale this week, as part from the promo package of his new album When You See Yourself .

Another artist who saw an opportunity to generate income with the NFTs , was the urban music singer Ozuna.

The Puerto Rican launched a collection of tokens on the Ethereum blockchain. His NFTs called “Bears” are made up of the logo with which the singer can be identified through his music videos and records.

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