{"id":221713,"date":"2021-04-08T08:25:56","date_gmt":"2021-04-08T05:25:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/paris-hilton-drops-surprisingly-well-informed-article-about-nfts\/"},"modified":"2021-04-08T08:25:56","modified_gmt":"2021-04-08T05:25:56","slug":"paris-hilton-drops-surprisingly-well-informed-article-about-nfts","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/paris-hilton-drops-surprisingly-well-informed-article-about-nfts\/","title":{"rendered":"# Paris Hilton drops surprisingly well-informed article about NFTs"},"content":{"rendered":"<p>&#8220;<strong># Paris Hilton drops surprisingly well-informed article about NFTs <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Paris Hilton revealed she is not only bullish about NFTs but also has a good understanding of potential <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications of the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>, in an extensive blog post explaining her excitement about the sector posted on April 6. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;m so excited about <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&amp;ref_src=twsrc%5Etfw\">#NFTs<\/a>! Here&#8217;s why I think <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/NFTs?src=hash&amp;ref_src=twsrc%5Etfw\">#NFTs<\/a> are the future &amp; everything you need to know to get in the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mZHqsVqn9Z\">https:\/\/t.co\/mZHqsVqn9Z<\/a><\/p>\n<p>\u2014 Paris Hilton (@ParisHilton) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ParisHilton\/status\/1379870145762402308?ref_src=twsrc%5Etfw\">April 7, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>In a blog <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/parishilton.com\/why-im-excited-about-nfts\/\">post <\/a>titled \u201cI\u2019m Excited About NFTs\u2014You Should Be Too\u201d, Hilton demonstrates an informed understanding she said comes from learning everything she can about the subject by immersing herself in the NFT community on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> and \u201cworking with NFT collectors like WhaleShark, Illestrater, internet entrepreneur Kim Dotcom and the founders of Origin.\u201d<\/p>\n<p>The 40-year old has a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ParisHilton\">Twitter <\/a>following of 16.9 million, and operates 19 different product <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/parishilton.com\/#products-module-1\">lines<\/a>, with her perfume line alone generating more than $2.5 billion to date. She wrote:<\/p>\n<blockquote><p>\u201cI see NFTs, or non-fungible tokens, as the future of the creator economy. They use blockchain technology to help creators increase the value of their work and share it with fans in real time.\u201d<\/p><\/blockquote>\n<p>Often referred to as the \u201cworld\u2019s first social media influencer\u201d, and self-described \u201c#bossbabe\u201d, Hilton appears to be aiming to position herself as an authority on the NFT space, at least for a mainstream audience, as she readies to release a new drop soon. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-04\/4abbc204-8615-48ba-9b97-a3d3d5b0f0c9.png\"><\/figure>\n<p>The former reality star said that isolating at home during the global pandemic had \u201cilluminated the importance of digital worlds\u2014and NFTs,\u201d as many people move their lives online for entertainment and social connectivity. In particular, Hilton notes the potential value of NFTs in virtual reality: <\/p>\n<blockquote><p>\u201cI started realizing how impactful NFTs can and will be in virtual worlds. Digital art, fashion or branding can all be displayed on someone\u2019s avatar or in a virtual environment, or traded for other goods, [&#8230;] You can already buy virtual real estate using NFTs. In the virtual pet universe Axie Infinity, someone paid $1.5 million worth of crypto for nine plots! You can also buy virtual cars.\u201d <\/p><\/blockquote>\n<p>Hilton notes that NFTs could also empower the fashion industry to showcase their designs and products digitally, with the pandemic currently making it difficult to host fashion shows. Cointelegraph reported this week that Gucci is pondering a move into NFTs and tokenizing its fashion wear. <\/p>\n<p>Hilton draws on the example of tokenizing authentic baseball cards as a way to explain the basic concept of NFTs to her millions of fans. She said that \u201cas the owner of the card, you can create a token on the blockchain representing the authenticity of that baseball card. You can now trade or sell it for other valuable goods on the blockchain.\u201d <\/p>\n<p>Hilton thinks \u201cNFTs are democratizing art\u201d as artists can utilize NFT platforms to directly connect with large audiences and buyers while bypassing gatekeepers such as galleries, distributors, and agents. <\/p>\n<p>The \u201c#bossbabe\u201d also feels the monetary rewards can be more fair, as the individual can determine their own financial terms and keep a majority of the revenue. <\/p>\n<p>Hilton concluded by stating that the potential applications for the technology are so wide ranging that she\u2019d only just starting to wrap her head around them.<\/p>\n<blockquote><p>\u201cSome of these applications might even change the way we live. What if we could use NFTs as collateral for physical items? Or as a way to trade for them?\u201d<\/p><\/blockquote>\n<p>The social media personality sold her first NFT in August 2020 before the mania arrived in 2021, an NFT depicting a painting of her Cat, which sold for $17,000. She donated all the proceeds to The LA Food Bank, Meals On Wheels, and BB4Homeless charities. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/paris-hilton-drops-surprisingly-well-informed-article-about-nfts\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Paris Hilton drops surprisingly well-informed article about NFTs &#8221; Paris Hilton revealed she is not only bullish about NFTs but also has a good understanding of potential applications of the technology, in an extensive blog post explaining her excitement about the sector posted on April 6. I&#8217;m so excited about #NFTs! Here&#8217;s why I&#8230;<\/p>\n","protected":false},"author":1,"featured_media":221714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvYTQ2YTJkMjYtOTU0NC00MjJjLTkwY2EtNTkzZjgyY2RlMGI0LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[95118,117],"class_list":["post-221713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-nft","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/221713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=221713"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/221713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/221714"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=221713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=221713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=221713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}