The NFT industry keeps growing every day, and more and more people keep getting interested in it. Celebrities aren’t the exception to the rule, as several famous and successful people have seen the potential of these investments and decided to jump on the trend and get one for themselves.
However, the way these celebrities have been diving into the world of crypto and NFTs has been very varied. Some are casual participants, and others decided crypto was the way to go. In this article, you’re going to be learning about Odell Beckham Jr. and his participation in the NFT world. Keep reading to find out.
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Who Is Odell Beckham Jr.?
Odell Beckham Jr. is a professional American football player who plays as a wide receiver for the Los Angeles Rams. His career started in 2014, and he rapidly became the rookie with the fastest professional growth in the NFL’s history.
He then continued his career with the Cleveland Browns, where he had many ups and downs due to personal disputes with some team members. Then, he finally found the Los Angeles Rams, and his career started taking off again. He became a crucial element for the team’s success, and he even won his first ring.
Odell Beckham Jr. has a wide variety of records and achievements that he has collected throughout his years in the field, which have turned him into one of the current most valuable American players in football.
He’s also a man with a huge heart. Odell has raised awareness and donated money towards many philanthropists and social causes, such as cancer research, African hunger, and several hurricanes that have happened over the years in America.
Odell Beckham Jr. NFT History
Odell Beckham Jr. has developed a huge interest in the NFT and crypto world in the past few years. He has even become one of the most active athletes in it, and he doesn’t miss an opportunity to promote and speak up about all the wonders crypto has done for him.
Recently, he bought a Cryptopunk NFT, specifically the CryptoPunk 3365. This piece was previously owned by a crypto and NFT enthusiast called Soby, and Odell bought it for $2.17 million.
CryptoPunks
These pieces were created in 2017 by Matt Hall and John Watkinson, and they’ve made more than 10,000 to this date. Each little “punk” has a unique personality, as all of them are randomly generated with different features, so there’s not one single punk that looks the same as another one.
CryptoPunks are roughly divided into 6,500 male and 3,500 female punks, and only a selected few have special features and accessories. Some of these unique features are shadow beards, crazy hair, and even smiles. However, due to the particular nature of NFTs, these punks can only be owned by one person at a time.
In addition, there are also exclusive punks with fantastical features that resemble magical creatures. An excellent example of this is the alien punk collection, an extremely famous cluster of CryptoPunks that resemble aliens. One of their most popular pieces is the Covid Alien Punk, which is the only one wearing a face mask.
CryptoPunks are one of the most wanted NFTs collections in the crypto world at the moment. Therefore, some collectors even buy bundles of rare punks all at once. One of the most famous purchases happened last May when a collection of nine rare punks was bought for almost $17 billion.
Due to this increasing popularity, Odell Beckham Jr. proudly brags about his punk by using it as his profile picture on all of his social media platforms. It is no coincidence that the punk he bought is strangely similar to him.
The football star doesn’t limit himself to using his newly bought NFT on social media. He is so proud of his new acquisition that he printed a shirt with the punk’s design and wore it to his pre-game routine before a game against the San Francisco 49ers.
Nonetheless, CryptoPunks have become so popular and exclusive that owning them has become a matter of status within the crypto world. Loads of celebrities own them, which adds a lot to the exclusivity of having one of these pieces.
The only other NFT collection as famous as CyberPunks is the Bored Ape Yacht Club, which has 10,000 limited editions of bored primates illustrations, and for some reason, the world has gone wild over them. Plenty of early adopter celebrities got one of these monkeys and flaunted them on social media, which has brought a lot of attention to who is going to be the next celebrity to jump onto the train of NFTs.
Other Crypto & NFT Investments
However, CryptoPunks aren’t Odell’s only connection to the crypto world, as he has previously announced that he only receives his salary in BTC directly into his Cash App account. This way, he became one of the many NFL stars who get their payments in this currency.
In addition, Odell Beckham Jr. created a partnership with Cash App, in which he gave away $1,000,000 in BTC to his fans. This app then created similar partnerships with other big players in the industry, such as Tom Brady.
It is important to mention that some people have created digital art NFTs as an ode to Odell Beckham Jr., which can be found in several NFT galleries. Fans have bought pieces of the famous football player, which gives us a good idea of his popularity and influence in the crypto world.
Some of these NFTs come from a partnership made by the NFL with Dapper Labs, in which they released a series of NFTs with highlights of their top players’ games, including the popular Odell Beckham Jr.
His Reaction to Bitcoin’s Dip
Due to the recent dip of Bitcoin and many other cryptocurrencies, Odell Beckham Jr. has suffered a considerable drop in his riches, or at least the ones in his digital wallet, which are a lot considering he receives the entirety of his salary in BTC.
However, this could be analyzed in two main ways. Yes, his BTC savings are suffering and are now worth a lot less than they originally did. Nonetheless, this also means that he’s getting paid a lot more BTC, as the NFL is trading at a lower rate, which could be an incredible investment in the long run.
Bitcoin expert analysts have gone through his case and concluded that he shouldn’t be worried about BTC’s current dip. Many NFL players are suffering the downfall of cryptocurrencies, but it is expected that all of these effects are going to be reverted once the currencies begin to rise again.
Bottom Line
Odell Beckham Jr. has become one of the most influential people to dive into the world of crypto in the past few years, and his journey seems to be barely beginning. After owning a piece of one of the most popular NFT collections, he seems to want to expand his portfolio and get the best out of the crypto world.
If this article was interesting to you, don’t hesitate to check out the rest of our page and learn more about celebrities in crypto and how they’ve created their riches.