Popular music festival Coachella has teamed up with crypto exchange FTX US to launch an NFT collection, according to a report fromTweetof the festival Twitter account
A limited number of NFTs will be released this Friday. It will be on Solana’s blockchain where first eligibility is required. Users are required to have an FTX account.
by income from goods sold It will be awarded to three charities: GiveDirectly, Lideres Campesinos and Find Food Bank.
NFTs, called Coachella Collectibles, will give consumers the opportunity to unlock festival passes, prints, scrapbooks, digital collectibles, real-life experiences unique to the festival. and tangible products as reported bywebsite
“Only blockchain technology has given us the unique ability to offer Coachella a tradable lifetime pass for the first time,” Coachella Chief Innovation Officer Sam Schoonover said in a statement.
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