It feels like it’s been everywhere in recent weeks: celebrities buying and showing off their really stupid “bored ape” NFTs. Even Serena Williams is an NFT “owner” now. Serena’s husband bought her a pink “bored ape,” one in which the ape is about to cry. So utterly idiotic. While I would have thought that Serena is smart enough to see this as a bored-rich-person fad, I’m shocked that it’s taken this long for Gwyneth Paltrow to hop on the NFT bandwagon and then declare herself the NFT pioneer.
Joined @BoredApeYC ready for the reveal? Thanks @moonpay concierge pic.twitter.com/gzm1JQEHHF
— Gwyneth Paltrow (@GwynethPaltrow) January 26, 2022
As others pointed out, her Bored Ape just looks like Kurt Cobain. But seriously, completely on brand for Gwyneth. She’s probably working on a special Goop project where purchasing NFTs will be the next cure for clinical depression. NFTs are the new “stickers that cure cancer.”
Meanwhile, I think it’s weird/funny that crypto companies and NFT people are seeking out celebrities like Gwyneth and Reese Witherspoon to shill their sh-t. Gwyneth didn’t tweet anything for two years (May 2019 to July 2021) and then when she came back to Twitter, all of her tweets have been about bitcoins, cryptocurrencies and now NFTs. Same with Reese: these companies are clearly paying celebrities like Gwyneth and Reese for these sponsored tweets. Which tells me crypto and NFT companies are trying desperately to break into the Blonde Bored Rich White Woman demographic. Which should tell you a lot about the product.
in fairness gwyneth paltrow is the least surprising celebrity to promote this https://t.co/vKgT0BhNBN
— matt (@mattxiv) January 27, 2022
Photos courtesy of Avalon Red and Backgrid.
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- LOS ANGELES, CA, USA – JANUARY 14: Actress Gwyneth Paltrow attends her book signing for ‘The Clean Plate: Eat, Reset, Heal’ held at Barnes and Noble at The Grove on January 14, 2019 in Los Angeles, California, United States. (Photo by Xavier Collin/Image Press Agency),Image: 535111761, License: Rights-managed, Restrictions: WORLD RIGHTS – Fee Payable Upon Reproduction – For queries contact Avalon.red – sales@avalon.red London: +44 (0) 20 7421 6000 Los Angeles: +1 (310) 822 0419 Berlin: +49 (0) 30 76 212 251 Madrid: +34 91 533 4289 – Fee Payable Upon Reproduction – For queries contact Avalon.red – sales@avalon.red London: +44 (0) 20 7421 6000 Los Angeles: +1 (310) 822 0419 Berlin: +49 (0) 30 76 212 251 Madrid: +34 91 533 4289, Model Release: no, Credit line: Xavier Collin/Image Press Agency / Xavier Collin / Avalon
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- LOS ANGELES, CALIFORNIA, USA – APRIL 22: Actress Gwyneth Paltrow wearing G. Label with Jimmy Choo shoes, Yvan Tufenkjian earrings, and a Jemma Wynne ring arrives at the World Premiere Of Walt Disney Studios Motion Pictures and Marvel Studios’ ‘Avengers: Endgame’ held at the Los Angeles Convention Center on April 22, 2019 in Los Angeles, California, United States.,Image: 535895613, License: Rights-managed, Restrictions: WORLD RIGHTS – Fee Payable Upon Reproduction – For queries contact Avalon.red – sales@avalon.red London: +44 (0) 20 7421 6000 Los Angeles: +1 (310) 822 0419 Berlin: +49 (0) 30 76 212 251 Madrid: +34 91 533 4289 – Fee Payable Upon Reproduction – For querie, Model Release: no, Credit line: Xavier Collin/Image Press Agency / Xavier Collin / Avalon
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- Gwyneth Paltrow CELEBRITIES : Valentino arrivals – Paris – 07/03/2019,Image: 536496758, License: Rights-managed, Restrictions: , Model Release: no, Credit line: JB Autissier / Panoramic / Panoramic / Avalon
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- 2019 amfAR Gala Los Angles held at Milk Studios in Los Angeles, California. Featuring: Gwyneth Paltrow Where: Los Angeles, California, United States When: 11 Oct 2019 **ONLY AVAILABLE FOR SPAIN & USA**,Image: 539204907, License: Rights-managed, Restrictions: USA and SPAIN DIRECT SALES ONLY – Fee Payable Upon Reproduction – For queries contact Avalon.red – sales@avalon.red London: +44 (0) 20 7421 6000 Los Angeles: +1 (310) 822 0419 Berlin: +49 (0) 30 76 212 251, Model Release: no, Credit line: WENN / Wenn / Avalon
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- New York, NY – Academy-Award winning actress Gwyneth Paltrow arrives at ‘Good Morning America’ in New York with a fresh cup of coffee. The stylish star was sporting a bright purple ensemble under a large black coat during the outing. Pictured: Gwyneth Paltrow BACKGRID USA 9 JANUARY 2019 BYLINE MUST READ: JosiahW / BACKGRID USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- ** RIGHTS: ONLY UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND ** New York, NY – Actress Gwyneth Paltrow is walking with a friend on Prince Street in Soho, New York. Pictured: Gwyneth Paltrow BACKGRID USA 27 AUGUST 2019 BYLINE MUST READ: Best Image / BACKGRID USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
Oh, brother.
If you don’t understand what a NFT is, I highly recommend watching Julie Nolke’s video about it. You still won’t understand it, but you will laugh. 🙂
That is all way to complicated for me, I confess I had to look up what NFT even stood for.
That’s weird, and I still don’t get the fascination behind it.
It’s a way to launder money that has been circulating well in circles of back door sales. You can see it as dumb little pics that celebs have fun with, but it’s an untraceable way to grow your wealth privately and secretly.
It’s smart branding to have celebs show it off because it appears fun and will attract more investments/sales.
I’m hoping that the bandwagon of uncool middle-aged celebrities will be what actually stops this ridiculous trend.
I know some one who made quite a chunk of change off NFTs. Part of me is like “are you serious?” The other part thinks exploiting all this while the getting’s good is a crafty, crafty thing to do.
So now instead of snake oil you get a picture of snake oil?
Ha! Yeah, this is my exactly my problem with comprehending why in the hell the world needs NFTs.
@Mike Nailed it!
Also I’d like to point out the huge environmental concern that comes with mining cryptocurrency, and her business is supposed to be environmentally friendly…
I’m just shocked she hasn’t taken credit for inventing it yet.
I’m a little surprised Reese did it, but not surprised by Goopy, or Matt Damon shilling crypto.
A savvy friend compared NFT’s to Beanie Babies for dudes. I don’t know if it’s an accurate comparison, but it tells me I can ignore the fad without fear I’m missing out on some miraculous investment opportunity.
so a lot of NFTs are stupid but my husband works in financial technology (like the old school kind) and while I think it’s lame that these basic bitches are shilling for suitably basic NFTs and crypto wallets, I think it’s important that the readership of celebitchy and the editorial too understand the far reaching implications of crypto on:
– economic cycles, inflation and deflation, stores of value
– the way governments will support their fiat currencies will most likely be crypto in future
– the systems being created not the coins are what matter (for example eth and terra)
– Defi as a cultural and ideological movement
yes the environmental concerns are real. yes the loudest MFers on the internet talking about crypto are manipulating the market (there’s a whole cabal of dude bros in South Africa). yes some people use it for money laundering and nefarious means. yes it is unpredictable like any blue chip stock.
but to dismiss the movement out of hand is like saying in 1996 that the internet is sketchy as hell and you refuse to learn about it.
my husband and I have been having long conversations about how crypto will change the fundamentals of our economic systems (in good and bad ways). incredulity and outright dismissal are not gonna stop it. the wave is already headed for shore.
On point! With retirement looming, I’m trying to learn everything I can about new currency/financial systems because I won’t be able to pivot so quickly on a fixed income. Change is coming to money. Not something to ignore.
it’s important- glad you’re on the learning curve. we were rather late to the crypto game given my husband’s exposure and obvi the past 4 months have been a huge dump BUT the innovation happening is going to change so much over the next five years. I hope more women will be ready for it.
our former babysitter who is an aspiring actor and sex worker has a coinbase wallet for crying out loud. it’s easy to dismiss bc of the hoopla around bitcoin and doge but individual coins are totally beside the point (tho bitcoin is as elegant a creation as one can conceive of). one day bitcoin will be the shoes.com of the 2000s and we’ll all be buying a coin that’s the equivalent of zappos/amazon.
and we’ll all be wondering how we ever functioned as a global economy without it.
I feel so st00pid like I don’t even know how this works and why a cartoon of a monkey has value and is important.
It looks like Gorillaz’s newest member.
I keep hearing about digital artists having their work stolen all over the place so someone can make money off of NFTs. They aren’t getting much help from OpenSea either when they report the thefts. And I keep hearing artists taking their work off of the internet as a result.
Also, you’re more likely to lose money than rake it in when you mint these things. If you don’t have a name to begin with or something that people will go for, you’re going to go into the hole.
Basically, it’s looking like a pyramid scheme.
this is a weird take. while i think what we are certainly seeing are NFT-brand ambassadors, i am really surprised to see such negativity herr. NFTs are a technology, and the technology itself is neutral. it’s on the verge of mass adoption. in a year if you buy a concert ticket, that ticket will be sold as an nft and will be logged on the blockchain. if that ticket is scalped and sold for profit? well, the code of the nft and its contract will ensure the original artist gets any royalties that are due.
buying a BAYC (ape) NFT is no different than a celeb spending a ton of money on designer labels (ie look at Supreme). is it a status thing? sure. absolutely. people love to buy fancy watches, nice cars, expensive clothes. it’s called signaling and it’s innately human. but with NFT and blockchain technology, there’s also utility. buying an NFT is often times like buying a share of a fully seeded startup. it’s like joining a club with a very active, progressive, and smart community. amazing for networking, friendship, access, and of course there’s the financial incentives. the NFT is a token. proof of ownership.