Coachella to launch NFT assortment providing lifetime passes to competition – Dancing Astronaut
by: Cameron DeFaria
Feb 3, 2022
Coachella is making ready to dive headfirst into the decentralized internet market. On February 4, the competition large plans to dump freshly minted Coachella Collectible NFTs in partnership with Bahamian-based cryptocurrency trade FTX. Along with auctioning off 10 non-fungible lifetime passes, the Indio attraction will dispense digital collectibles redeemable for bodily gadgets, unique artwork prints, picture books, and extra. What’s extra, “particular experiences” at Coachella 2022 are in retailer for lifetime ticket consumers; such NFT holders could anticipate “entrance and centre views on the Coachella Stage, lifelong Safari tenting, or a banquet made by knowledgeable chef within the Rose Backyard.”
The Coachella Key Assortment, Sights & Sounds, and Desert Reflections NFT collections shall be out there from February 4 – 11 on “an environmentally pleasant market on Solana,” per Coachella’s new NFT-focused webpage. The positioning provides, “a portion of the proceeds from every merchandise shall be donated to Give Directly, Lideres Campesinas, & Find Food Bank.”
These fascinated by bidding on Coachella’s forthcoming NFTs ought to enroll on FTX US here. Upon depositing $60, the bottom value of a Sights & Sounds NFT, potential consumers could then press “Purchase Now” on February 4 to be redirected to the Assortment Web page on FTX. In accordance with the Innovation Lead for Coachella, Sam Schoonover,
“Solely blockchain know-how may give us the distinctive potential to supply tradable lifetime passes to Coachella for the primary time ever. We’re enthusiastic about constructing new utility and group for our followers with NFTs, and in FTX we discovered the associate that we belief to offer us with infrastructure and assist to assist us usher on this new frontier.”
Featured picture: Coachella Music & Arts Competition
Classes: Information