In short

  • Linkin Park’s co-frontman Mike Shinoda (RIP Chester Bennington) auctions his first NFT.
  • Shinoda has been taken by the idea of blockchain artwork and hopes to provide many extra NFTs.
  • Regularly extra visible artists are migrating over in the direction of NFTs as their most well-liked technique of distribution.

Linkin Park rapper and songwriter Mike Shinoda took to Twitter to announce his first piece of NFT artwork. The piece, known as One Hundredth Stream, dropped on NFT public sale website Zora yesterday. The very best bid as of this writing involves 18,000 Dai. Since DAI’s worth is pegged to the US greenback, that’s $18,000 within the non-digital world. 

The primary of many

In a followup tweet, Shinoda introduced that there was ‘extra to return,’ earlier than occurring to expound on the deserves of NFTs—Ethereum-based digital artwork—as a brand new technique of distribution for working artists. Calling to consideration the “Creators who’ve been commodified by platforms eternally,” Shinoda went on to laud NFTs as an space the place “the worth of your work/artwork/concept is outlined by the market.”

A lot later within the day, Shinoda’s gushing Twitter reward of blockchain artwork continued: “This must be very attention-grabbing for individuals who make unconventional artwork, or individuals who have been informed their artwork isn’t artwork in any respect. Possibly it’s. The neighborhood will determine” he tweeted. 

Should you’re inquisitive about proudly owning ‘One Hundredth Stream, Shinoda provides you until 4PM PST tomorrow earlier than he picks the profitable bid. The proceeds will go in the direction of an ArtCentre scholarship he’s funding. 

A brand new artwork motion?

Shinoda is much from the primary established inventive to get into producing NFTs. Rick and Morty creator Justin Roiland offered his debut NFT assortment for 1,300 ETH, or round $1.65 million. 

Legendary rapper MF Doom, whose dying on Halloween 2020 was introduced on New Yr’s day this yr, dropped a group of wearables so his followers can take pleasure in proudly owning one in every of eleven completely different kinds of masks in augmented actuality. The auctions concluded the day he died, making these masks his final introduced inventive endeavor. 

Shinoda is in good firm, then! Because the pool of NFT artists grows greater every day, the IRL public sale homes might quickly be quaking. 

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