Part 1: NFTs and the Celebrity Circus

The once-glittering realm of NFTs took a nosedive in 2022, leaving behind a trail of flop-worthy projects that felt more like cash grabs than innovative art. While the hype dwindled, some notable figures still dared to navigate these murky waters. Here we explore four of the most cringe-worthy celebrity NFT efforts, which definitely left their fans feeling like they’d been pickpocketed.

Part 2: Tai Lopez and the Garage of Regrets

First on this wild ride is Tai Lopez—the self-anointed ‘knowledge guru’ famous for his infamous “here in my garage” YouTube escapade. In March, he strutted onto the NFT stage with the “OG Social Club,” promising varying tiers from a bargain $150 to a price-gouging $50,000. The allure? Exclusive one-on-one experiences like basketball games, fantastic meals, and, of course, mentorship sessions.

Flash forward to today, and his grand plans are now more of a painful parody. The NFTs have plummeted, trading for a mere 0.08 Ether (around $97). Meanwhile, the exclusive dinner option plummeted from $30,000 to just 1 ETH ($1,214). Ouch!

Part 3: Donald Trump’s Digital Trading Cards – A Presidential Hype Train

Next up is Donald Trump, the man with the flair for the dramatic, who turned his disdain for crypto into a bizarre cash cow by launching the “Trump Digital Trading Cards.” Selling for $99, these quirky cards depicted Trump as everything from a superhero to a cowboy.

Initially, these collectibles quickly shot up in value, peaking at 0.83 ETH, only to ultimately tank to a mere 0.164 ETH. Nevertheless, the project still netted around $4.5 million in initial sales. Who says you can’t cash in and still complain?

Part 4: Floyd Mayweather’s Mayweverse – The Ghost Town of NFTs

Next on our list is boxing champ Floyd Mayweather Jr., whose “Mayweverse” was pitched as a gateway into a rich Metaverse experience featuring 5,000 NFTs. Mayweather promised sweet prizes and posh experiences, but it seems he may have left his fans hanging.

The project went dark post-launch, with social media accounts collecting cobwebs and the community left pondering what happened to their lofty promises. Reports indicate NFTs that once fetched $900 per piece are now struggling to get bids above $60. Can someone please send a search party?

Part 5: Lana Rhoades and the Rise of CryptoSis: A Show That Went Wrong

Finally, we have the social media darling Lana Rhoades, who embarked on her foray into the NFT world with the “CryptoSis” collection. Dreaming big, she aimed for 6,969 cartoon avatars representing herself but barely managed to scrape together 6,069.

The project initially thrived, raising around $1.5 million before it quickly turned into a cautionary tale. With a current OpenSea value hovering near zero, former buyers are left accusing her of a “rug pull.” Rhoades, on her part, claims the negativity from the community was too much for her to wrestle with. So, a classic case of flaky celebrities doing flaky things!

Conclusion: The NFT Carnival of Errors

In retrospect, while some NFTs promised utopian dreams, they’ve transforming into sobering reminders of how quickly a gold rush can go south. From celebrity fantasies to hard-hitting realities, last year’s disastrous NFT launches are perfect examples of the age-old saying: If it’s too good to be true, it probably is!