The former hollywood actress explains why she's so invested in crypto currency right now, check it out!
Lindsay Lohan is now venturing into a new business: cryptocurrency ,and she's explaining why she's into this new digital financial trend. She's now investing into now popular currency NFT. It stands for “non-fungible token,” and it allows buyers to purchase ownership of a digital good – usually an image, animation, song or video, in the form of a unique digital token living on a blockchain.
During a recent interview she had with Forbes magazine she explained why she's so interested in this new type of currency by saying:
“It’s only a matter of time till everyone in Hollywood and beyond gets involved. Maybe we will see the tokenization of movies, and of how artists are paid for their films, music and art. I see a future where crypto, NFTs and blockchain will be the norm, rather than the exception.”
She's actually launching her new single Lullaby as an NFT on the FansForever.io platform. saying she thinks it will be a piece of history in the making. When asked by Forbes how she had become involded with NFT the singer and hollywood actress confessed:
“When I first got involved in crypto, not many in my circle had a deep understanding of how it worked. Most of us had heard the word bitcoin, or the term blockchain, but there wasn’t much knowledge on the subject. As I began to learn more and get more involved, I quickly realized that my community could benefit from crypto and that I could inform a large segment of society that wasn’t involved in the blockchain space and introduce them to it."