Eminem Becomes The Latest Celebrity to Advertise for Crypto.com
Eminem takes the mantle after Matt Damon becomes the most recent celebrity to promote crypto.com
The brief video on X includes some of his statements, such as “…they refer to it as inevitable since you are unstoppable from the start, breaking resistance with each swing and sticking to your strategy the entire time…” Eminem portrays this in an X advertisement.
Artistic Styles by Eminem and Matt
He is among the most recent celebrities to promote Crypto.com since actor Matt Damon’s October 2021 commercial for it. Similar to Matt Damon , Eminem is an American musician who has received numerous accolades and honors, making him one of the highest-grossing performers. The rapper owns one of the non-fungible tokens (NFTs) issued by Bored Ape Yacht Club (BAYC).
Matt previously stated in a report that he created the advertisement to help a non-profit foundation in light of the ad comparison.
Crypto.com plans to use this advertisement in other recreation centers and air it during the Lakers NBA Playoff game at Crypto.com arena.
With cryptocurrencies operating on a distributed public ledger called blockchain, holders of the currency have a record of all updated transactions.
The cryptocurrency brand will rise to the top through repeated sponsorships from well-known venues and artists. This will draw in additional funding and sponsorship opportunities.
Similar Celebrity Moves
American businessman, investor, and former billionaire Sam Bankman-Fried, also known as SBF, is the co-founder of the cryptocurrency exchange FTX, the hedge fund Alameda Research, and numerous other companies under the FTX Group.
There was a severe downturn in the crypto market in 2022 which affects the FTX and its former CEO Sam Bankman-Fried. it still remains unclear under what conditions Eminem will become the latest celebrity voice to promote crypto in the US. The Securities and Exchange Commission is stepping up its actions against crypto firms.
However, some famous artists are still wary of taking cryptocurrency promotion offers due to an event that transpired with Tom Brady, Gisele Bündchen, and Larry David when they accepted to promote FTX just before the exchange folded and its CEO was put behind bars.