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

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

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by Jamie Redman
The David Bowie property lately introduced it’s launching a sequence of non-fungible token (NFT) collectibles known as “Bowie on the Blockchain.” Following the official announcement, nevertheless, numerous Bowie’s followers chastised the undertaking 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).
It appears on the subject of NFTs individuals both love them or hate them, and the lately announced “Bowie on the Blockchain” NFT assortment has acquired 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 vital influential musicians, well-known for his album “The Rise and Fall of Ziggy Stardust and the Spiders from Mars” and his hit single “House Oddity.” The NFT assortment will characteristic art work 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 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 have a good time 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 can be donated to Care. Bowie’s widow, the supermodel often called Iman, is a care.org international advocate. Following the announcement, numerous 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 number of individuals 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 produced from reside performances.
“He just about pioneered it with Bowie Bonds however go off lol,” one individual said, replying to the person who insisted the now-deceased musical legend wouldn’t need an NFT assortment to drop.
According to 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 Internet,” Keller remarked.
What do you consider the David Bowie NFT assortment concept and the criticism it has acquired on social media? Tell us what you consider this topic within the feedback part under.
Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com Information in regards to the disruptive protocols rising at the moment.

Picture Credit: Shutterstock, Pixabay, Wiki Commons, Editorial credit score: Stefano Chiacchiarini ’74 / Shutterstock.com
Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any harm or loss prompted or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.
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