Coachella Partners With FTX To Launch Lifetime Festival Passes As NFTs
Coachella has officially entered into the crypto space by launching its own NFTs. The infamous music and arts festival boasts one of the largest attendances of any music festival and it is leveraging its enormous fanbase to bring this project to life. It will offer lifetime passes to concert-goers in the form of NFTs, as […]
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The Worms franchise won’t be coming to the blockchain anymore, WildEarth TV has launched NFTs to support wildlife conservation and Rick Flair is set to be tokenized. The Coachella Valley Music & Arts Festival has partnered with FTX US to launch a series of NFT collectibles that includes tokenized lifetime access passes to its annual music festivals.The iconic music festival is held over two consecutive three-day weekends every April in California, and is being headlined by Harry Styles, Billy Eilish and Ye (the artist formerly known as Kanye West) in 2022. The partnership was announced on....
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain.
Coachella Partners With FTX US to Mint Solana-Based Digital Collectibles
Since 1999, the festival co-founded by Rick Van Santen and Paul Tollett called Coachella has been a popular music and arts event with its highest attendance in 2017, peaking at 250,000 attendees. Music acts that have played at various....
The California-based annual Coachella music and arts festival began the shift towards cashless payments in 2014. This year the transition continued with all vendors accepting Android Pay, Apple Pay and Samsung Pay. The shift aims to increase sales of food, drinks and merchandise, as well as to move attendance lines faster and reduce the number of thefts of cash and plastic cards. This year the transition continued with all vendors accepting Android Pay, Apple Pay and Samsung Pay through POS provider Squares mobile wallet reader, allowing attendees to pay using their mobile wallets on their....
A popular international music festival, Exit, is now accepting cryptocurrency for tickets, products, and services. This year’s 20th-anniversary edition of the European event will be held in early summer and the festival’s online store already offers discounts for impatient music fans and visitors. Fans to Pay With Crypto for Festival Passes and Accommodation Bitcoin, the organizers say, is a fast and secure currency that has dramatically challenged the current norms of finance and governance. That’s why the festival now offers crypto enthusiasts among music fans the....
A Web3 startup has also created a subscription model that uses nonfungible tokens to offer lifetime Netflix and Spotify memberships. In this week’s newsletter, read about Playboy’s upcoming virtual mansion in The Sandbox (SAND). Check out how a startup is offering lifetime Netflix and Spotify access through nonfungible tokens (NFTs) and how NFTs can bridge gaming and blockchain. Additionally, learn how game company GameStop launched its own NFT marketplace. And, don’t forget about this week’s Nifty News roundup featuring an “Ape Now, Pay Later” scheme from a decentralized finance (DeFi)....