KEYPOINTS
BlackPink from South Korea is entering the market for non-fungible (NFT), with a brand new collection on digital collectible platform VeVe.
The NFT Series, also known as “BlackPink Light Stick,” It is based on the original lightstick designed by this group. These NFTs are available in four different color combinations and represent the group’s values. “support and unity for BlackPink and their fans.”
There are only 2,890 copies of the most popular version, which is black and pink. Silver editions are limited to 2,390, Gold has 1,850, and Diamond is only 1140.
NFTs are sold in a blind-box, which means that the purchaser will only find out what Light Stick he or she has received after purchase. The NFTs will cost $25 each and be available from May 26th at 8am Pacific Time.
Also included in the series is a “Stage” NFT paying tribute to BlackPink live performances. This NFT will have 4,090 copies, priced each at $50.
BlackPink is continuing to work in the Web3 arena. The group’s first Roblox release was “Back in August last year, BlackPink entered the Roblox Metaverse.Blackpink The PalaceThe “Global Fan Club” allowed fans from around the world to join virtual parties, and play interactive games.
The initiative fits into a larger trend where musical artists are engaging their fans via Web3 technologies. Megadeth, for example, launched its “Get Away From Me” campaign in December.Megadeth DigitalThere are 5,000 NFT tokens in the collection, each offering exclusive virtual and real experiences.
Music NFT has experienced significant growth. Market Decipher estimates that it will be worth $1.2 billion by 2021. projected The amount will rise to $42 billion in 2032.
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Source: blog.cryptoflies.com