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How Tom Brady's Crypto Ambitions Collided With Reality


Tom Brady is one of the most successful quarterbacks in NFL history. He has won seven Super Bowls, five Super Bowl MVP awards, and three NFL MVP awards. He is also a savvy businessman, and he has invested in a number of different ventures, including cryptocurrency.

Tom Brady's Crypto Ambitions


In 2021, Brady co-founded an investment firm called Autograph, which is focused on digital collectibles. Autograph has raised over $170 million in funding, and it has partnered with a number of celebrities, including Brady himself, Tiger Woods, and Serena Williams.

Brady has also been a vocal supporter of cryptocurrency. In 2021, he tweeted that he was "all in" on Bitcoin, and he has also invested in a number of other cryptocurrencies.

However, Brady's crypto ambitions have collided with reality. The cryptocurrency market has been volatile in recent months, and the value of many cryptocurrencies has plummeted. This has caused some financial losses for Brady and other investors.

In addition, the environmental impact of cryptocurrency mining has come under scrutiny. Cryptocurrency mining requires a lot of energy, and this has led to concerns about climate change.

As a result of these factors, Brady's crypto ambitions have been scaled back. In March 2022, Autograph announced that it would be dropping its plans to create NFTs based on Tom Brady's game-worn jerseys.

It remains to be seen whether Brady will continue to invest in cryptocurrency in the future. However, his experience shows that the crypto market is a risky one, and that investors should be prepared for volatility and losses.

Some additional thoughts

  • Brady's experience is a reminder that even the most successful investors can lose money in the crypto market.
  • The environmental impact of cryptocurrency mining is a serious concern, and it is something that investors should consider before investing in crypto.
  • The future of cryptocurrency is uncertain, and it is possible that the market will continue to be volatile. Investors should be prepared for this possibility before investing in crypto.