Mercy Mutanya is a Tech enthusiast, Digital Marketer, Writer and IT Business Management Student. She enjoys reading, writing, doing crosswords and binge-watching her favourite TV series.
In total, the offered NFTs are all valued at €1,288,302 (about $1.5M).
German rocker Till Lindemann has become the latest artist to join the Non-Fungible Token (NFT) scene. Lindemann, the frontman of the band Rammstein has partnered with digital brokers “twelve x twelve” to release a series of NFTs.
The collection includes 299 visual art pieces of Till Lindemann in the State Hermitage Museum in Saint Petersburg, Russia each valued at €299, 99 pieces of another visual art piece of Lindemann also taken at the Stage Hermitage Museum, each valued at €999, 20 special edition digital art prices from the same location valued at €5,000 and most notably, ten prices of a one-shot music video of the singer’s orchestral rendition of “Beloved Town”. The unique video is valued at €100,000 and comes with a chance to have dinner with Lindemann in Moscow, Russia. Costs such as transport, lodging and visa for the buyer and a plus-one are also part of the package.
In total, the NFTs offered by Till Lindemann are all valued at €1,288,302 (about $1.5M).
The deadline for redeeming the last purchase is August 22, a process for which instructions will be provided after purchase.
Some of the unique digital art available for purchase can be seen in this Instagram post by ‘twelve by twelve’.
The NFT space has seen significant growth since the start of this year. Propelled by the tremendous success of some artwork like Mike Winklemann’s (Beeple) $69M Christie’s auction, the industry has seen an influx of famous artists and other celebrities looking to make money by proving unique content to fans.
One such artist is popular DJ Steve Aoki who collaborated with creative director and visual artist Antonio Tudisco to come up with the ” Dream Catcher” NFT that raked in over $4.29M.
Another is a musician and known blockchain supporter 3LAU. Beginning February 25, fans could buy one of 33 NFTs of his album on the Origin Protocol’s Dshop. NFT album sales totaled $11M.
Other celebrities to hone in on the technology are popular skateboarder Tony Hawk, socialite, entrepreneur and DJ Paris Hilton, models Kate Moss, Emily Ratajkowski and Cara Delevingne. Twitter and Square CEO Jack Dorsey auctioned his first Tweet for $2.9M for charity and rappers Snoop Dogg and Eminem also joined in on the craze with unique music tracks.
NFT case uses will continue to expand beyond simply enabling artists to sell their art in digital form. They have the potential to aid in the authentication of rare items and prove ownership of virtual items and real estate.