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Matt Damon Says He Did Crypto.Com Ad Due to ‘Down Year’ at Clean Water Foundation

March 30, 2023
in Web3
Reading Time: 3 mins read
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Matt Damon make clear his look within the 2021 Crypto.com advert commercial, saying in a latest interview that the principle purpose for him turning into the face of the crypto agency’s advertising marketing campaign was to get monetary assist for water.org, the clear water venture he co-founded with philanthropist Gary White.

“We had a down 12 months in water.org and I did that industrial in an try to lift cash for water.org,” Damon stated in an interview with the Related Press.

The 52-year-old Hollywood icon partnered with Crypto.com for the “Fortune favors the courageous” advert in 2021. In it, Damon in contrast crypto traders to astronauts, mountain climbers, and even the Wright Brothers, the well-known American aviation pioneers.

“I gave my entire wage to water.org as a result of we have been down, and Crypto.com heard about that, they usually gave $1 million to water.org fully on their very own,” he stated. “I positively have lots of gratitude to them for what they did for our basis.”

Water.org didn’t instantly reply to Decrypt’s request for remark. Crypto.com declined to remark.

Damon companions with Crypto.com

Crypto.com introduced the $1 million direct donation to water.org in October 2021 with the first objective of supporting the nonprofit’s mission to deliver clear water and sanitation to these in want.

The partnership sought to launch initiatives that might encourage Crypto.com’s customers throughout the globe to assist the trigger, with Damon saying on the time that he was “completely happy to do it with a like-minded companion that’s dedicated to remodeling lives via fairness and entry.”

In November 2021, shortly after the industrial was launched, Crypto.com went on to pay a reported $700 million for the naming rights to the Los Angeles Staples Middle, house to the NBA’s Lakers and Clippers, with the advertising efforts giving the alternate some enhance.

It took the advert two extra months to be seen by these exterior crypto and pattern on Twitter—although the response was removed from constructive.

Some critics known as the advert “grotesque” and an “embarrassing money seize.”

It was mocked by the creators of “South Park,” too, whereas The Guardian columnist Carole Cadwalladr even accused Damon of “promoting a Ponzi scheme.”

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Tags: CleanCrypto.comDamonDueFoundationMattWaterYear
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