Billionaire Elon Musk went from being bullied in Pretoria to buying Twitter. Image: Getty Images.
Elon Musk is selling his very own techno song as an NFT [video]
Elon Musk unveiled his techno song about NFTs which he is selling for an undisclosed amount as an NFT. Listen to the ‘banger’ here:
Billionaire Elon Musk went from being bullied in Pretoria to buying Twitter. Image: Getty Images.
South African-born billionaire and Tesla CEO, Elon Musk is at it again! This time he is selling a song that he produced about NFTs – short for “nonfungible tokens,” basically digital certificates of authenticity – as an NFT. This would give the buyer the digital rights to ownership.
The ‘Technoking of Tesla’
According to CNET, the song has a techno beat and repeats “NFT” over and over, eventually getting to the female-sung lyrics “NFT for your vanity, computers never sleep, it’s verified, it’s guaranteed.”
Elon took to Twitter to post the song with an animation of a spinning “vanity trophy” with lots of references to different elements of the technology, including dogs representing, presumably, Dogecoin.
The CEO, who also recently changed his title from Tesla CEO to ‘Technoking of Tesla’, hasn’t said which platform he’ll be selling the song on, or when.
Listen: Elon’s techno song about NFTs as an NFT
Digital Goldrush
Elon is not the only one who is jumping n the NFT bandwagon. In no time, it has taken the art world by storm. Earlier in March, a collage by digital artist Beeple sold at auction for $69.3m (just over R1bn), reportedly the third highest-ever sale for a living artist in any medium.
US rockers Kings of Leon also raised more than $2m (R29.8m) by auctioning off NFT versions of their new album When You See Yourself, according to Rolling Stone magazine, of which a quarter went to a solidarity fund for live event workers.
Their NFTs offered more than just the abstract notion of owning something rare. They came with access to photos by band member Matthew Followill, collector’s editions of the vinyl, and, at the top end, a lifetime “golden ticket” to front-row seats at their live shows.
Josh Katz, CEO of YellowHeart, the NFT auction platform used by Kings of Leon, claimed it was “ushering in the new music era”.
“Through the use of NFTs and blockchain technology, we’ll begin to see the industry start to move toward a more decentralised model that fosters symbiotic relationships between music lovers and artists,” he said.
“Artists will monetise their content again and fans will have transparency when buying both content and concert tickets.”
