Fans may visit a special drop location where Lil Nas X will be the first to unveil his rare and exclusive edition, in collaboration with electronic producer, Rudy Willingham. The video-sharing platform is auctioning off videos of the iconic rapper — along with a slew of other celebrities — as non-fungible tokens called TikTok Top Moments. The app released in China, September 2016, and quickly started to gain traction.
- But for their first official collaboration, Willingham upped the ante and transformed cutout images of the artist into 81 frames, which were then photographed against different colored backgrounds and pieced together into one video.
- Boasting a total of six 1/1 collaborative NFTs, “TikTok Top Moments” aims to further advance NFTs into pop culture via one of the world’s most popular social media platforms.
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- These notable social influencers would partner with major NFT artists on one-of-one and limited-edition NFTs.
- TikTok is not the first social media company to latch on to NFTs as a way to market its platform and compensate creators.
TikTok claimed the proceeds will go to the creators, but declined to give exact percentages when asked by the Verge, only stating in its press release that a “large” portion will be going to the creators. Non-fungible tokens, known as NFTs, are one-of-a-kind, verifiable digital assets that can’t be replicated. In the simplest of terms, they’re basically like limited-edition baseball cards or collectors’ items. TikTok also mentioned in the announcement that its first non-fungible token collection will be launched on the Ethereum blockchain. Ethereum has been the favorite place for NFTs as we also saw recently that the TIME Magazine NFT collection was also released on the ETH network. Sources say TikTok was already goosing up demand for one NFT release by valuing the collectible at up to $1 million, according to two people in the crypto community who spoke on condition of anonymity.
#Mint365 Collection
It’s possible that in the near future, TikTok will follow an approach that is more platform-oriented in which artists and creators will have the resources to simply transmit their digital arts to the Ethereum blockchain as a non-fungible token. An NFT influencer has excellent knowledge of the NFT field and others turn to them for assistance and insights. Influencer marketing has been a popular and efficient approach to promoting NFT projects. Because the influencer advertised the initiative, many of their fans invested in it. NFT influencers are gaining traction by sharing their experience and understanding with a growing audience on platforms like TikTok. That’s the pitch TikTok is making with the launch of its first collection of digital collectibles.
Madi Forbes is an established Weed & Music Content Creator with Respect My Region. She has written over 200+ articles and covered some of the top music festivals in Florida such as Ultra, Hulaween, EDC Orlando, and Okeechobee as on-site press and staff. It’s a silhouette of Gary Vaynerchuk with https://cryptonewshq.com/ a thought bubble listing all the TikTok handles who commented on the famous Marciante clip. Gary’s face is made up of the VeeFriends ERC-721 smart contract address. RTFKT, known for creating virtual footwear and digital artifacts, partnered with FNMeka to develop an ETH-inspired sneaker.
Curtis Roach created the popular quarantine song that became a TikTok anthem last year. The rapper partnered with NFT artist Coin Artist in her first music-inspired drop. “Proceeds will largely go directly to the creators and NFT artists involved, providing TIkTok and NFT fans and enthusiasts with a way to show support to the creators they love,” TikTok tells Digital Music News. The first TikTok NFT collection featuring Lil Nas X will be available on a dedicated drop site. According to a press release issued by the firm, its first NFT compilation, TikTok Top Moments, will consist of videos developed by community-defining artists and inspired by the popular videos these influencers generated.
TikTok is launching its first NFT collection with top creators and artists like Lil Nas X, Grimes, Bella Poarch, Brittany Broski and more. What, exactly, these new NFTs will be is not entirely clear, but each of the unique moments will go to auction, while additional, limited edition NFTs will be released weekly throughout October. Majority of profits earned will go straight to the makers and NFT creators involved, giving the members of the community a chance to support their favourite makers.
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TikTok Top Moments’, which will enable people to own a piece of web culture, created by some of the platform’s most popular stars. According to TikTok, proceeds from the NFT sales will “largely” go directly to the creators and NFT artists involved or charities. TikTok’s first officially minted in NFT collection, “TikTok Top Moments,” will roll out this fall — starting with digital collectibles from Lil Nas X next month.
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Mada Aflak, senior software engineer at Twitter, has shared a feature that allows users to set NFTs as their profile picture. Future NFTs will include content from Bella Poarch, Curtis Roach, Brittany Broski, FNMeka, Jess Marciante and Gary Vaynerchuk. The NFTs will also involve collaborations with other NFT celebrities including Grimes, COIN ARTIST, x0r, RTFKT. A writer, an author, a freelancer with writings in over 50+ niches, an editor, a proofreader, a music enthusiast, https://cryptonewshq.com/2022/07/tiktok-launches-first-creator-led-nft/ a YouTuber, a podcaster, and someone, who puts consistent efforts each day to make sure his creativity is noticed. The first episode of PleasrHouse this Thursday, January 12 will center on the Ethereum NFT and will feature an interview with Ellsberg and Snowden, the artwork auction, and clips from a PleasrDAO-produced documentary. Uber and other rideshare drivers set their own hours and can work as much or as little as they want, local laws permitting.