Famous American musician Snoop Dogg will be entertaining attendees at a VIP gathering hosted by Ripple, the company behind the XRP token. The company announced through a blog post that the Hip Hop star will be promoting it with a performance at the event, on May 15.
According to the company, the “Special night” named “XRP Community Night” is organized to acknowledge and appreciate the people who are helping the company develop and build its XRP ledger and xRapid platforms.
The “invite-only” event is also being organized to thank those who are “spreading the good word about Ripple’s many benefits.”
Announcing the event, Ripple tweeted:
Those who want to attend the event can gain access through two twitter contests dubbed “Twitter Trivia” and “Make the meme.”The first asks competitors to correctly answer questions provided by the company’s Twitter account, with the first eight correct answers receiving a free ticket each.
The second, “Make the Meme,” will involve two images, and community members are expected to respond with captions for each picture. The best caption for each image will win the tickets. This contest will run for 24 hours, and winners wil then be announced.
Celebrities And Cryptocurrencies
Snoop Dogg isn’t new to the cryptocurrency world. The artist has been endorsing cryptocurrencies since 2013, and has recently showed support crypto trading platform Cobinhood.
The cryptocurrency ecosystem has seen a fair share of celebrity endorsements. Michael Owen, a former soccer star, has launched his own token, while last year reality show star Paris Hilton endorsed an initial coin offering (ICO).
In November 2017, the US Securities and Exchange Commission (SEC), raised concerns over celebrities endorsing ICOs, as it could be illegal in certain cases. Earlier this month, the SEC charged Centra Tech’s ICO, endorsed by artist DJ Khaled and boxer Floyd Mayweather, with fraud. All three of its co-founders have been caught.