- Cryptocurrency is becoming greatly adopted by Nigerians despite the government's policy against it
- Sabinus recently partnered with the Solana Blockchain platform to launch his own coin
- Here are other Nigerian celebrities who have ventured into cryptocurrency
People from various backgrounds are adopting the cryptocurrency journey. They have been hesitant to declare their involvement in the blockchain space until recently, due to the general sentiment of scams and the regulation policy by the Central Bank. Amongst the class of cryptocurrency adopters is a set of people who truly stand out: celebrities.
Over the years, some Nigerian Celebrities have publicly announced their interest in the cryptocurrency space. We have gathered a list of celebrities who are promoters, experimenters and the curious.
6 Nigerian celebrities into crypto
Here are celebrities in Nigeria who have ventured into cryptocurrency:
1. Don Jazzy: In March 2022, Nigeria-based Quidax announced the popular Nigerian music producer Don Jazzy, as its brand ambassador alongside five other celebrities: Diane Russet, Bisola Aiyeola, Timini Egbuson, Gbubemi Fregene and M.l Abaga.
The Music Producer is, however, not only a promoter but also an experimenter. During an Interview with Chris Ani on Daba TV, he revealed that he made $300,000 in a short period. In an Instagram post, he showed his NFT collection; some blue-chip NFTs, such as Cool Cats and Mutant Ape Yacht Club, were spotted. Don Jazzy has become a regular fixture on Crypto Twitter, offering support for some African NFT projects.
2. Simply Tacha: The ex BBNaija Star, Tacha, is another celebrity that is active in the crypto community. She is known for her NFT investments and community engagements. She is so popular in the space, that new NFT projects partner with her for whitelist giveaways and promotions.
3. Buju BNXN: The Nigerian artiste BNXN launched HeadsbyBnxn, a collection of 10,001 NFTs designed around him and his journey in the music industry. The project was launched on the polygon Blockchain to make minting more affordable, and holders are treated to exclusive listening parties and in-person and virtual shows.
4. Falz: Another popular artist, Falz, landed a deal with the Finance NFT Marketplace, where he exclusively sells his Falz Ice Cream Collection. There are also exclusive experiences for people holding the NFTs, like Bnxn's Collection.
5. Davido: Nigerian singer Davido recently partnered with prominent Blockchain platforms Phantom and Solana to launch his own meme coin, $Davido, which was subsequently a rug. Aside from the recent launch, he also launched a fan token, $Echoke, on the Binance Smart Chain in November 2021 to provide access to giveaways, NFTs, festivals, exclusive merchandise and other entertainment, media and hospitality benefits. The project was, however, short-lived.
6. Sabinus: In June 2024, the popular Nigerian skit maker, Sabinus, also launched his own meme coin, $Sabi, in partnership with the Solana Blockchain. However, since the time of launch, the token has been noted to have been dumped but still has the potential of doing well, unlike Davido's meme coin that got rugged.
5 simple ways to make money from crypto
Meanwhile, TheRadar earlier reported five simple ways in which people can make money from cryptocurrency.
Mining, staking and yield-farming are among the money-making strategies that work in the world of cryptocurrency and coins.