CryptoCelebrities are the newest irritating kid on the blockchain

If you think Bitcoin bros and their endless blockchain discussions were the worst that cryptocurrency culture could give us, then you haven’t ever read the word “CryptoCelebrities.” 

Not just a terribly unappetizing word, CryptoCelebrities is also a new web-based “game” wherein savvy Hollywood watchers can buy “contracts” of celebrities in exchange for ethereum. Sounds great.

It should come as no surprise that these “contracts” have nothing really to do with the actual celebrity. They are a unique token that is managed by the site and whose ownership is listed on the Ethereum blockchain. (That’s the ongoing record of every ethereum transaction, I’m so sorry). So, basically, they are nothing but digital pictures. And people are paying exorbitant sums to get their names attached to them. It’s very reminiscent of CrytoKitties, with some small twists. Read more…

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