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

David Bowie Estate to Drop 'Bowie on the Blockchain' NFTs, Sale Receives Backlash From Fans
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The David Bowie property just lately introduced it’s launching a collection of non-fungible token (NFT) collectibles known as “Bowie on the Blockchain.” Following the official announcement, nonetheless, a variety of 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 world anti-poverty nonprofit Care (care.org).

‘Bowie on the Blockchain’ Digital Collectibles to Launch on September 13 by way of Opensea — Fans Criticize the NFT Drop

It appears when it comes to NFTs folks both love them or hate them, and the just 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 among the most influential musicians, well-known for his album “The Rise and Fall of Ziggy Stardust and the Spiders from Mars” and his hit single “Space Oddity.” The NFT assortment will characteristic paintings 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 stated: “On September 13th, David Bowie’s undying influence will impact yet another new frontier as nine of the world’s leading crypto-artists come together to celebrate his legacy and put #BowieOnTheBlockchain.”

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

Statements from the official announcement element that every one of the funds from the Bowie-centric NFT sale shall be donated to Care. Bowie’s widow, the supermodel generally known as Iman, is a care.org world advocate. Following the announcement, a variety of people berated the concept of placing Bowie on the blockchain.

“How about we just don’t with the NFT guff and just raise money for charity without using a pyramid scheme,” one person wrote to David Bowie’s official Twitter web page. “David Bowie would not want this,” one other particular person opined. However, just a few folks 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 made out of reside performances.

“He pretty much pioneered it with Bowie Bonds but go off lol,” one particular person stated, replying to the particular 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 resolution in the Web3 enterprise We Love the Arts and co-founder Andrew Keller talked about ideas like Bowie Bonds to Blistein in an electronic mail.

“The more you think about what the crypto art space really is, the more you realize how ahead of his time Bowie was with some of the ways that he engaged with his fans — be it Bowie Art, Bowie World, Bowie Bonds, Bowie Net,” Keller remarked.

Tags on this story

Andrew Keller, Blockchain, Bowie, Bowie Art, Bowie Bonds, Bowie Estate, Bowie Net, Bowie World, CARE, Care.org, David Bowie, David Bowie Estate, 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 concentrate on the David Bowie NFT assortment concept and the criticism it has obtained on social media? Let us know what you concentrate on this topic in the feedback part beneath.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News 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 News about the disruptive protocols rising immediately.

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

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