By: Shayak Majumder | Updated at : 30 Jun 2022 04:56 PM (IST)
Khaby Lame has over 144.9 million followers on TikTok. ( Image Source : Twitter/Binance )
Binance, the world’s largest crypto exchange in terms of daily trading volume, has signed TikTok star Khaby Lame as a brand ambassador. With over 144.9 million followers as of June 30, the Senegalese creator is the most followed personality on TikTok. He is known for hilarious gags that end with his unimpressed facial expression, marked by his now-iconic hand gesture. The news comes nearly a week after Binance partnered with Manchester United striker Cristiano Ronaldo to launch his own NFT collection.
Binance on Thursday announced the news via its social media platforms. The exchange said that the partnership with Lame will help “drive crypto education” and “debunk crypto and Web3 myths.” Alongside, Lame will launch his own exclusive NFT collections via Binance.
Meet our new brand ambassador @KhabyLame, the most followed creator on TikTok 🤲🏾
Through this partnership we will:
🔸Drive crypto education
🔸Launch exclusive Khaby Lame NFT collections
🔸Debunk crypto & Web3 myths
🔸Grow the industry & #Binance ecosystem
Welcome aboard Khaby! pic.twitter.com/pZi36Lcwl7
The crypto exchange said last week that it has entered a multi-year agreement with Ronaldo to create a series of NFT collections. The NFTs will be available to purchase via Binance’s own platform, and the first collection will be launched later this year.
ALSO SEE: Cristiano Ronaldo Forays Into NFTs, Signs Deal With Binance
NFTs are one-of-a-kind entities that exist on a blockchain. If you own an NFT, you can rest assured no one else in the world can own an NFT with the exact same attributes as the one you have.
ALSO SEE: EXPLAINED | NFT: What Is It? Should Creators Consider Selling Their Art As NFTs?
NFTs are rapidly gaining recognition around the world as more and more celebrities are endorsing the digital tokens, either by minting their own collection or by purchasing them at high prices. Amitabh Bachchan, Salman Khan, Sunil Gavaskar, Dinesh Karthik, along with dozens of global celebrities such as Snoop Dogg, Paris Hilton, and Tony Hawk have already endorsed NFTs.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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