David Bowie's NFT sale follows news of other music legends including Nirvana, The Beatles, and John Lennon hitting the NFT market place.
Last weekend, news hit the wires of American rock band Nirvana NFTs going on sale next month. The auction is scheduled to start on Kurt Cobain’s birthday, 20th February. NFTs on offer include images, image edits, and GIFs of the band back in 1991. Fans can view the NFTs on Rarible (RARI).
In what is becoming a highly popular market place for music fans, news also hit the wires overnight of unique Beatles and John Lennon items going to auction until 7th February. The auction reportedly started on 24th January, with the collection built on the Polygon (MATIC) network.
The surge in NFT interest and sales has continued through January in spite of the sharp crypto market sell-off.
According to Dune Analytics, OpenSea has seen January Ethereum (ETH) trading volume hit $3.727bn, surpassing last August’s previous ATH of $3.43bn. NFTs sold have also hit a new record high in January. With NFT activity ramping up, OpenSea has sold a whopping 1.94m NFTs this month, up from a September previous ATH of 1.71m. OpenSea has seen a similar trend with Polygon NFT sales. Up from a December previous high 1.999m, January sales stood at 2.151m at the time of writing.
It’s of little surprise therefore that more music memorabilia are hitting the NFT market place.
This week, news hit Twitter of a David Bowie NFT collection going on sale this Thursday, 27th January.
Melos Studio and NFT market place Starly announced that the NFTs will be available on the Starly (Starly) NFT platform. The NFT drop comes shortly after the 6th anniversary of the music legend’s passing on 10th January 2016.
In a tribute to David Bowie and in collaboration with Melos Studio, David Bowie Estate, and Bowie’s photographer Denis O’Regan, never-before-seen photos and unreleased music audio will form part of the drop.
In total, the collection will consist of 12,000 NFTs divided into 1×120 Legendary, 3×1,000 rare, and 4,220 Common Cards. According to Starly.io page, “one type of pack will be on offer. Each pack will consist of 1 Rare card, 2 Common Cards and 1 randomly assigned card, with a 4% chance of Legendary”.
The Starly market place is built on Flow.
With over 20 years of experience in the finance industry, Bob has been managing regional teams across Europe and Asia and focusing on analytics across both corporate and financial institutions. Currently he is covering developments relating to the financial markets, including currencies, commodities, alternative asset classes, and global equities.