Have you ever heard about Whitney Houston NFT? If not, this article is for you. Today we will talk about how much the Whitney Houston NFT sold for. If you want to know that let’s take a look at the article below.
How much did the Whitney Houston NFT sell for in 2021?
An unreleased Whitney Houston demo has sold for $1 million (£723,000) at auction in the form of an NFT. The piece was purchased on Dec. 14, 2021 through the OneOf marketplace, which specializes in music and runs on Tezos, a greener blockchain than the likes of ethereum.
In return, owners will now have access to full versions of previously unknown tracks, as well as an exclusive digital video by 17-year-old artist Diana Sinclair featuring archival footage from the pop diva. Fittingly, Houston was the same age she was when she originally recorded the song.
"Being able to work with her music and her family has really changed the way I see her in her music videos. I feel more connected to her as a person. Some of the messages I convey in my artwork are also Very similar," Sinclair said in a video posted on the project's landing page on OneOf. While this auction grabs headlines, the NFT is part of a larger Whitney Houston Irreplaceable Collection. It also contains a number of fixed-price assets, including gold and platinum editions featuring rare images from the singer's early life animated using a "digital scrapbook effect". Overall, the series has netted $1.1 million, or £830,000. Proceeds will benefit the Whitney E. Houston Foundation, which works to inspire, empower and create opportunities for young people.
NFTs and the music industry have become very close bed partners this year as the technology became part of mainstream culture. Just recently, DJ Mag reported on a new series of non-fungible tokens containing tunes made using the genetic code of COVID-19. A rare collection of photos from the release party for 2Pac's debut album, '2Pacalypse Now', were converted into NFTs last month. And in October, shots from legendary New York nightspot Studio 54, alongside an 8-bit video game inspired by the venue, were also developed into tokens. Revisit our long-read on what this tech can offer the music industry.
I hope this article will help you to learn how much the Whitney Houston NFT sold for. Proceeds from sales of the collection will benefit the Whitney E. Houston Foundation, which works to inspire, create opportunity and empower youth.
