Fans of Nirvana, who have some cash left after the cryptocurrency crash last week, have the opportunity to own part of the history of their immortal favorite band on the blockchain.
On February 20, 2022, an auction will be held with unprecedented images and artwork in Nirvana. The auction will be in cryptocurrency only and will take place on the same day as the birthday of Kurt Cobain, the leader of the iconic band who committed suicide on April 5, 1994.
Nirvana is immortalized on the blockchain
The auction includes 27 images created from a series of photographs taken by photographer Faith West on October 1, 1991 during a band concert at JC Dobbs in Philadelphia six days before the release of the album Nevermind. And 15 unprecedented artworks. ..
Current image On display Rarible includes black-and-white photos, as well as GIFs featuring psychedelic color editing and various videos.
The auction will be held by Pop Legends, A startup that creates NFTs related to the music industry. Given that the band has gained a legendary position in the rock scene, token prices may be justified, but NFTs aren’t all cheap. Also, it was not open to the public until the time of the announcement. Prices for each image start at 1 ETH and 67 ETH for GIFs. The auction can end at a much higher price.
Winners don’t just get NFTs. They also get a unique framed 16 “x24” print of one of the images signed by the photographer.
Members of the Nirvana Fan Club have special requirements. 100 users can buy GIFs for $ 499 and 100 images will be sold for $ 99. Only members of this club can pay by credit card. All other buyers have to pay in cryptocurrency.
Half of the proceeds will be donated to the Trevor Project. This charity helps young people in the LGBTQ + community prevent suicide. Another part goes to Grid Alternatives, an organization that distributes solar panels to low-income households.
NFT and entertainment industry
NFTs are unique tokens that use standard blockchain properties to prove ownership. Unlike regular cryptocurrencies and irreplaceable tokens that can be exchanged for other things with exactly the same properties (such as 1BTC and 1ETH), NFTs are created one at a time and have their own properties. Therefore, their name. }
Because they are unique, their main use is as proof of identity or ownership.And in recent months, the entertainment and gaming industry has Take advantage of those characteristics..
Outside the booming industry of gaming, more and more artists are launching NFT collections that offer a unique user experience.from Concert ticket NFTs are revolutionizing the way artists think about relationships with their fans to sing loyalty.