We get to read about Bitcoin andcryptocurrency almost everywhere. However, we cannot be sure if the information is correct. It seems to be like there is cryptoevangelist practically everywhere. Thereis also the analyst who are purported to be experts.
However, there are also sober experts who are intelligent and patient but reveal only reality.Β These experts continue to be committed to the cryptocurrency industry, and they stay committed to the digital currency.Β These experts are also those who set the ethical standards and talk up when there are others who fail to sustain the journalistic standards. It is not going to be a worthy experience acting on fake news. So, in the line of those crypto news websites come TCAT tokens committing itself to provide authentic information about the crypto world.
Whether it is a piece of news about Bitcoin, Ethereum, Litecoin or TCAT token, celebrity endorsements have worked its way to influence the buying trend.Β The idea of bringing in celebrity endorsements is to ensure that average consumers will be able to relate to the tokens.Β Celebrities are the line of influencers who get paid to influence people about a specific product.
Generous paychecks might bring inlegitimate celebrities; however, the risks of dodgy endorsers is also more.Therefore, there is likely to be a problem with due diligence in theprocess. While there can be celebritieswho might be genuinely endorsing a product, but they might not have a rightclue or understand what they are endorsing even if the brand aligns with theirpersonality.
Mike Tyson in the past statedthat he was grateful to be a part of "Bitcoin Revolution" however, hesaid that he was not a Guru Yet. Whenthere were criticisms about Tyson, he replied that he was impressed by the ideaof being able to have options that are beyond the traditional banking systems.
Paris Hilton discussed Lydian ina tweet; however, the tweet was deleted before reports surfaced about chiefexecutive pleading guilty to domestic abuse.
SEC further issued a statementthat released a caution about initial coin offerings that were backed bycelebrities.
Steven Seagal showed up as abrand ambassador, and ultimately there was a warning from regulators statingthat investors should steer clear of those cryptocurrencies that were endorsedby faded movie stars.
There have been severalexplainers for different cryptocurrencies, and some have been dangerous toinvestors who lost a lot of money. Investors are learning from theirmistakes. With all this happening, thereare also tokens like that from TCAT that is slowly working its way up with itsmission of providing real news.
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