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You can now buy emojis as NFTs and Paris Hilton invests

PARIS Hilton reportedly jumped on the NFT bandwagon by buying a bunch of emojis.

The NFT trend has reached a stunning new high as people are now buying emojis and turning them into non-fungible tokens.


People are now buying emojisCredit: Getty

Bitcoin has helped create a new world of digital currencies and attention is now turning to the new trend of NFTs.

Cryptocurrencies are actually collections of computer code, but coins such as Bitcoin or Dogecoin have recognizable logos.

An NFT provides something different as it digitizes a work such as art or music and turns it into a non-fungible token which is stored via the blockchain.

This means that it cannot be duplicated and is unique to whoever owns it.

It turns out strings of emojis can be turned into NFTs and people like Paris Hilton and Lil Wayne want to buy them.

A “chain of emojis” simply means a row of cartoon images and they are also called “Yats” by some early investors.

Yats can cost you a few dollars to thousands of dollars depending on the emojis you want to buy.

Naveen Jain is the co-founder of Yat Labs, which sells emoji channels.

Jain has reportedly earned $20 million selling Yats since February last year, according to The Wall Street Journal.

NFTs are a divisive topic as some people spend millions on them while others call them a waste of money.

David Gerard, author of the book “Attack of the 50 Foot Blockchain,” told the Wall Street Journal, “I could say this NFT stands for a chain of initials, or this NFT stands for my butt.

“That would be exactly as meaningful as turning a Yat into an NFT.”

Paris Hilton is said to be just one of the top celebrities investing in NFTs


Paris Hilton is said to be just one of the top celebrities investing in NFTsCredit: AFP

In other news, Tesla revealed that he has been holding bitcoins worth $1.99 billion since December 31, 2021.

The FBI used a ‘geofencing warrant’ to access the data on all android users who were in the vicinity of a BLM protest attack, according to new documents.

And, we looked into the strange world of ‘jacket porn’ accounts.

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