Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment

Hip-Hop Star Megan Thee Stallion Creates ‘Bitcoin for Hotties’ Video to Educate Millions of Fans About Crypto

Hip Hop Star Megan Thee Stallion Creates 'Bitcoin for Hotties' Video to Educate Millions of Fans About Crypto

Award-winning hip-hop artist Megan Thee Stallion has published a video of herself explaining the basics of bitcoin, including what it is, why it is valuable, and how to obtain it. The famed rapper previously gave away $1 million in bitcoin to her fans in collaboration with Square’s Cash App.

Famous Hip-Hop Star Breaks Down Bitcoin to Her Fans

Popular rapper Megan Thee Stallion, also known as Hot Girl Meg, published a video titled “Bitcoin for Hotties” Tuesday in collaboration with Cash App, a mobile payment service developed by Jack Dorsey’s Square Inc.

Megan Thee Stallion has more than 24.1 million followers on Instagram and 6.4 million followers on Twitter. She has received several accolades, including three Grammy Awards. At the 63rd Annual Grammy Awards, she became the second female hip-hop artist to win Best New Artist. In 2020, Time Magazine named her one of the 100 most influential people in the world on their annual list.

Her Bitcoin for Hotties video starts with the star explaining what bitcoin is. She said:

Bitcoin is a new kind of money. While the cash in your wallet is issued and regulated by governments, bitcoin is a cryptocurrency like a wild stallion. It can’t be controlled by anyone.

“That means that no one person or organization gets to decide how much of it is used, how much of it is in circulation or what it’s worth so boom. There’s only a limited amount of bitcoin, like gold, silver, or me,” she continued.

The video then discussed why bitcoin is valuable, emphasizing scarcity and security. After explaining that the price of bitcoin can fluctuate, she explained how to obtain bitcoin, such as from cryptocurrency exchanges or via Cash App.

The Bitcoin for Hotties video is the second financial education video released as part of the artist’s partnership with Cash App. The first video, titled “Investing for Hotties,” was about investing in the stock market. It was released a month ago.

In December last year, Megan Thee Stallion announced a $1 million bitcoin giveaway in collaboration with Cash App. Last month, they teamed up to give away a million dollars in stock around the release of her single “Thot Sh*t.”

What do you think about Megan Thee Stallion making a video about bitcoin to educate her millions of fans? Let us know in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment
Read more

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...
Post a Comment
Read more

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...
Post a Comment
Read more