Mainstream hype for the nonfungible token (NFT) market cooled down significantly in 2022, but that didn’t stop a host of popular and wealthy figures from stinking up the space with dreadful collections last year.
In the 2022 edition of the worst influencer and celebrity NFT cash grabs, Cointelegraph takes a look at four projects seemingly designed to milk capital out of their fans pockets, while delivering very little.
Tai Lopez — OG (Original Garage) Social Club
First on the list is the oddball entrepreneur Tai Lopez, best known for his cheesy marketing campaigns that used to plague YouTube not so long ago.
Lopez’s most famous video is his “here in my garage” business course promo from 2015 where he first shows off his Lambo before switching gears and noting that he is more proud of the thousands of books he owns because of the “knowledge” they give him.
Paying homage to the video, Lopez launched a collection dubbed the “OG (Original Garage) Social Club” in March.
The NFTs came in three tiers of rarity, going from anywhere between $150 on the lower end to $50,000 for the premium tokens that offered exclusive benefits such as a one-on-one basketball game with Lopez, watching a movie, or eating dinner together and private mentorship sessions.
Tai Lopez is selling an NFT that gives you the CHANCE to win $10,000 if you beat him at 1 on 1 basketball.
The price? $50,000. pic.twitter.com/ySJc52PItu— Coffeezilla (@coffeebreak_YT) March 5, 2022
The current data on OpenSea now paints a grim picture however, with the floor price for all the NFTs regardless of rarity, sitting at 0.08 Ether (ETH) or $97 at the time of writing.
Looking at the premium NFTs, the basketball-related token is on sale for as low as 0.880 ETH ($1069), while an NFT granting access to a one-on-one dinner with Lopez is now on sale for 1 ETH ($1214) despite first being sold for around $30,000.
Donald Trump — Trump Digital Trading Cards
Despite historically being a vocal crypto-hater, former president Donald Trump announced a strange licensed NFT project in December that consisted of 45,000 self-themed trading cards.
The shoddy and potentially plagiarized artwork of the NFTs depicted Trump in various forms such as a superhero, hunter, cowboy and golfer. The NFTs offered buyers a chance to win a host of one-on-one experiences with the 45th president via sweepstakes.
The NFTs…
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