Many artists have followed the trend: Gorillaz , The Weeknd , Grimes , and DJ 3LAU , who raised $17.
Posted: Wed Jan 29, 2025 3:46 am
In this way, the platform wants to stand out by rewarding creators monetarily, with the aim of becoming the creative metaverse par excellence. Monetizing Celebrity with NFTs For artists , too, NFTs represent a way to reconnect with their fans – and to rake in some serious cash. This is an opportunity to seize in the post-lockdown era, when revenue from live shows has dried up, and revenue from streaming is tiny. In early March 2021, American band Kings of Leon was one of the first to offer their album as an NFT, giving buyers exclusive perks, ranging from an animated cover to a VIP ticket to watch the idols perform.111
5 million from the sale of 5,900 NFTs. And influencers are viber data not far behind in taking advantage of the lucrative metaverse business: Paris Hilton launched her own metaverse in December, a virtual island in Roblox, where her fans can buy virtual bags or even virtual jet ski rides. NFTs in sports Deloitte estimates that by the end of 2022, NFTs for sports media will account for more than $2 billion in transactions.
That’s about twice as many as in 2021. NFTs are a new way to engage communities and provide additional revenue for sports leagues, teams and athletes, whose revenues have plummeted during the pandemic. In October 2020, blockchain specialist Dapper Labs launched NBA Top Shot, an NFT platform backed by the NBA. It allows fans to buy, sell, and trade basketball highlights in the form of trading cards. More than a million users are claimed by the end of September 2021. Dapper Labs now wants to expand its concept to other sports and is already building a similar platform for the NFL.
In France, Sorare has been raising impressive amounts of money thanks to SO5 : a digital card game of football players. The cards are sold at cost price: up to several hundred thousand euros, depending on their rarity and the player. By participating in competitions, players can hope to win cryptocurrency or attend their favorite club's training session. For the 180 clubs that have given their rights to the company, the account is there thanks to the royalties received. The opportunity for advertisers Decrypt ’s other big move to play a bigger role in the NFT economy was the launch of Decrypt Studios to create tailored assets for creators and advertisers.
5 million from the sale of 5,900 NFTs. And influencers are viber data not far behind in taking advantage of the lucrative metaverse business: Paris Hilton launched her own metaverse in December, a virtual island in Roblox, where her fans can buy virtual bags or even virtual jet ski rides. NFTs in sports Deloitte estimates that by the end of 2022, NFTs for sports media will account for more than $2 billion in transactions.
That’s about twice as many as in 2021. NFTs are a new way to engage communities and provide additional revenue for sports leagues, teams and athletes, whose revenues have plummeted during the pandemic. In October 2020, blockchain specialist Dapper Labs launched NBA Top Shot, an NFT platform backed by the NBA. It allows fans to buy, sell, and trade basketball highlights in the form of trading cards. More than a million users are claimed by the end of September 2021. Dapper Labs now wants to expand its concept to other sports and is already building a similar platform for the NFL.
In France, Sorare has been raising impressive amounts of money thanks to SO5 : a digital card game of football players. The cards are sold at cost price: up to several hundred thousand euros, depending on their rarity and the player. By participating in competitions, players can hope to win cryptocurrency or attend their favorite club's training session. For the 180 clubs that have given their rights to the company, the account is there thanks to the royalties received. The opportunity for advertisers Decrypt ’s other big move to play a bigger role in the NFT economy was the launch of Decrypt Studios to create tailored assets for creators and advertisers.