HomeCoinsEthereum (ETH)Katy Perry to drop NFT collection in Q4 of this year

Katy Perry to drop NFT collection in Q4 of this year

- Advertisement -


Pop music star Katy Perry announced Wednesday that she’s dropping a non-fungible token (NFT) collection, as well as her purchase of a minority stake in Theta Labs, a firm focused on decentralizing peer-to-peer video streaming using blockchain technology. 

According to a Theta Labs release, Perry’s collaboration with Theta Network involves the sale of digital collectibles derived from her approaching “Play” residency in Las Vegas this December.

The actual sale of the NFTs likely will begin in Q4 of this year, according to Theta Network’s NFT platform ThetaDrop. 

While the carbon footprint of NFTs has been hotly debated due to the energy consumption of the proof-of-work-based Ethereum network, the Theta protocol’s blockchain uses a proof-of-stake model that aims to mitigate energy usage. 

“Look out for memorable & creative moments from my residency that’s both a digital collectible AND an IRL experience,” Perry wrote on Twitter.

Perry’s not the only star to drop an NFT this year. The boxer Floyd Mayweather launched an NFT collection in late May, and the rapper Jay-Z has shown his support too — especially in the acquisition of his music streaming platform Tidal. However, Perry’s financial stake in Theta Labs suggests the music star may be eyeing future projects involving blockchain. 

Related Reading





Source link

- Advertisement -
profile logo 500x500
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,496FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 41,840.00
ethereum
Ethereum (ETH) $ 2,907.55
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 488.33
litecoin
Litecoin (LTC) $ 145.46
eos
EOS (EOS) $ 3.81
okb
OKB (OKB) $ 14.36
tezos
Tezos (XTZ) $ 6.02
leo-token
LEO Token (LEO) $ 2.71
cardano
Cardano (ADA) $ 2.12
monero
Monero (XMR) $ 234.47
stellar
Stellar (XLM) $ 0.2627
chainlink
Chainlink (LINK) $ 23.24
huobi-token
Huobi Token (HT) $ 7.75
tron
TRON (TRX) $ 0.085239
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 154.10
neo
NEO (NEO) $ 37.31
iota
IOTA (MIOTA) $ 1.12
nem
NEM (XEM) $ 0.140423
zcash
Zcash (ZEC) $ 106.09
maker
Maker (MKR) $ 2,322.37
paxos-standard
Pax Dollar (USDP) $ 0.993824
ethereum-classic
Ethereum Classic (ETC) $ 45.43
vechain
VeChain (VET) $ 0.08667
true-usd
TrueUSD (TUSD) $ 0.999987
ftx-token
FTX Token (FTT) $ 51.52
kucoin-shares
KuCoin Token (KCS) $ 10.36
waves
Waves (WAVES) $ 24.20