- TikTok on Thursday unveiled an NFT collection of six of its best viral celebrity videos.
- The collection includes Lil Nas X, Bella Poarch, Curtis Roach, Brittany Broski, FNMeka and more.
- TikTok has 1 billion users on its video sharing platform paving the way for bringing crypto to the masses.
- Sign up for our daily newsletter here, 10 things before the opening clock.
The video sharing app TikTok has entered the crypto world by launching a collection of non-spongy tokens (NFT) of some of its leading viral clips from artists like Lil Nas X and Bella Poarch, according to a company announcement on Thursday.
For sale at the drop-off site on October 6, there will be six clips, including singer Bella Poarch’s internet-breaking music video “M to the B – Millie B”, which has 61 million likes on TikTok. There will also be a stop-motion video of singer Lil Nas X, created by influencer Rudy Willingham, who had 3.4 million likes.
TikTok has more than 1 billion users, many of whom are teenagers and even tweens, which means sales will bring crypto to the younger masses.
“Now fans can own a moment on TikTok, which helped shape the Internet while supporting some of their favorite creators. We’m excited to see how our community and NFT community interact with some of the Internet’s most beloved cultural milestones, “Nick Tran, global marketing manager at TikTok, said.
NFTs are unique digital tokens linked to real values like videos, art and more, but cannot be traded in the same way as cryptocurrencies.
Curtis Roach’s 15 other rapping video about being bored during quarantine, which had 6.7 million likes, will also be sold. Other videos and artists who entered the collection included robot FNMeka video, influencer Jess Marciante’s “rent free” video plus, creator Brittany Broski and singer Grimes. Grimes, partner of Tesla CEO Elon Musk, sold a $ 6 million NFT series in February.
The money raised will largely go to the creators of the NFT, but Broski and Grimes will contribute whatever they raise to charity.
TikTok’s drop site will have weekly releases until the end of the month. The NFTs will be available on the ethereum blockchain and are powered by Immutable X, a carbon neutral layer-2 scaling solution.