David Bowie Estate to Drop 'Bowie on the Blockchain' NFTs, Sale Receives Backlash From Fans

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David Bowie Estate to Drop 'Bowie on the Blockchain' NFTs, Sale Receives Backlash From Fans - Cryptocurrency

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David Bowie Estate to Drop 'Bowie on the Blockchain' NFTs, Sale Receives Backlash From Fans

The David Bowie property not too long ago introduced it’s launching a sequence of non-fungible token (NFT) collectibles known as “Bowie on the Blockchain.” Following the official announcement, nevertheless, quite a few Bowie’s followers chastised the challenge and known as it a pyramid scheme. Bowie’s blockchain collectibles will launch on Opensea on September 13, and proceeds from the sale will go to the worldwide anti-poverty nonprofit Care (care.org).

‘Bowie on the Blockchain’ Digital Collectibles to Launch on September 13 through Opensea — Followers Criticize the NFT Drop

It appears in the case of NFTs folks both love them or hate them, and the not too long ago introduced “Bowie on the Blockchain” NFT assortment has obtained some backlash. David Bowie is a well-known English singer-songwriter and actor who handed away in January 2016.

Bowie is taken into account one of the crucial influential musicians, well-known for his album “The Rise and Fall of Ziggy Stardust and the Spiders from Mars” and his hit single “Area Oddity.” The NFT assortment will function paintings that pays tribute to Bowie, and the digital collectibles are backed by the David Bowie property and a Web3 enterprise known as We Love the Arts.

The NFT market Opensea has been teasing the “Bowie on the Blockchain” NFT assortment on Twitter and in one explicit tweet Opensea stated: “On September 13th, David Bowie’s timeless affect will affect yet one more new frontier as 9 of the world’s main crypto-artists come collectively to have fun his legacy and put #BowieOnTheBlockchain.”

Statements from the official announcement element that all the funds from the Bowie-centric NFT sale will probably be donated to Care. Bowie’s widow, the supermodel often called Iman, is a care.org world advocate. Following the announcement, quite a few people berated the concept of placing Bowie on the blockchain.

“How about we simply don’t with the NFT guff and simply increase cash for charity with out utilizing a pyramid scheme,” one person wrote to David Bowie’s official Twitter web page. “David Bowie wouldn’t need this,” one other particular person opined. Nonetheless, a couple of folks disagreed and talked about how Bowie created “Bowie bonds.” Bowie bonds had been asset-backed securities backed by Bowie’s album gross sales and funds created from stay performances.

“He just about pioneered it with Bowie Bonds however go off lol,” one particular person stated, replying to the person who insisted the now-deceased musical legend wouldn’t need an NFT assortment to drop.

In accordance with Rolling Stone journalist Jon Blistein, Bowie’s property was “reaching out to get Bowie on the Blockchain.” The property discovered the answer in the Web3 enterprise We Love the Arts and co-founder Andrew Keller talked about ideas like Bowie Bonds to Blistein in an e mail.

“The extra you consider what the crypto artwork house actually is, the extra you understand how forward of his time Bowie was with a few of the ways in which he engaged along with his followers — be it Bowie Artwork, Bowie World, Bowie Bonds, Bowie Internet,” Keller remarked.

What do you consider the David Bowie NFT assortment concept and the criticism it has obtained on social media? Tell us what you consider this topic in the feedback part beneath.

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