Crypto Community Advises NBA Star Steph Curry First Steps Crypto

Sep 7, 2021 | Decrypt News | 0 comments

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Star point guard for the Golden State Warriors, Steph Curry, tweeted earlier today that he is “just getting started” in crypto and looking for advice. 

“Just getting started in the crypto game…y’all got any advice?” Curry asked. Just last month, Curry also bought a Bored Ape NFT. 

Following his tweet, several high-profile names in the crypto industry came to Curry’s aid. 

Crypto enthusiasts offer Curry advice

One of the biggest names who responded to Curry was Michael Saylor, founder and CEO of software company Microstrategy.

“Steph, I spent more than a thousand hours considering this question and chose Bitcoin. So far, I have purchased more than $3 billion in Bitcoin because I think it’s the future of digital property,” Saylor tweeted in response. 

The Microstrategy CEO added that Curry was free to message him for further help. 

Saylor is one of the most well-known Bitcoin advocates in crypto. Under his watch, Microstrategy amassed just under $5 billion worth of Bitcoin by February of this year, and it didn’t stop there. 

In April, the company announced that its board of directors was being paid in Bitcoin. In July, the company also announced it would sell $400 million in corporate bonds to buy even more Bitcoin. 

Other big crypto names that came to Curry’s aid included Crypto Cobain—another popular crypto commentator on social media—and Alex Gladstein, chief strategy officer at the Human Rights Foundation and outspoken Bitcoin booster. 

Frances Coppola, a finance columnist and staunch crypto critic, replied to the NBA star’s request with just one word: “Don’t.”

Golden State Warriors and crypto

Curry’s employers—the Golden State Warriors—are already involved in crypto. 

The NBA franchise launched officially licensed digital collectibles this spring that commemorated the team’s NBA championships and most memorable moments. 

“The digital collectibles excitement is palpable. We see NFTs and digitization of our business as a mainstay to engage our fans around the world,” said the Warriors’ chief revenue officer Brandon Schneider.

Golden State Warriors Release NFT Collection

The collection included 25 editions of the franchise’s first NBA championship in 1947, and 50 editions of the team’s 2018 championship. 

The auction took place on OpenSea, and ended on Saturday, May 1. A portion of all proceeds from the auction went to the Warriors Community Foundation—a charity that has granted over $20 million for educational initiatives in the Bay Area for the last nine years.

News Source from Decrypt.co

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