David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans – Blockchain Bitcoin News

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The David Bowie property lately introduced it’s launching a sequence of non-fungible token (NFT) collectibles referred to as “Bowie on the Blockchain.” Following the official announcement, nonetheless, various Bowie’s followers chastised the mission and referred to 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 on the subject of NFTs folks both love them or hate them, and the lately 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 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 art work that pays tribute to Bowie, and the digital collectibles are backed by the David Bowie property and a Web3 enterprise referred to as We Love the Arts.

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

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

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

“How about we simply don’t with the NFT guff and simply elevate 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, just a few folks disagreed and talked about how Bowie created “Bowie bonds.” Bowie bonds have been asset-backed securities backed by Bowie’s album gross sales and funds constituted of dwell performances.

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

Based on Rolling Stone journalist Jon Blistein, Bowie’s property was “reaching out to get Bowie on the Blockchain.” The property discovered the answer within 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 area actually is, the extra you understand how forward of his time Bowie was with a number of the ways in which he engaged together with his followers — be it Bowie Artwork, Bowie World, Bowie Bonds, Bowie Web,” Keller remarked.

Tags on this story

Andrew Keller, Blockchain, Bowie, Bowie Artwork, Bowie Bonds, Bowie Property, Bowie Web, Bowie World, CARE, Care.org, David Bowie, David Bowie Property, Iman, Jon Blistein, nft, NFT assortment, NFT Sale, NFTs, Non-fungible Token, Non-fungible tokens, Opensea, Opensea public sale, Rolling Stone journalist, We Love the Arts, Web3

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 within the feedback part beneath.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,700 articles for Bitcoin.com Information in regards to the disruptive protocols rising immediately.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Editorial credit score: Stefano Chiacchiarini ’74 / Shutterstock.com

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