According to a recent tweet from the 77-year-old, the non-fungible token (NFT) sale will be to help autonomous music venues that have been greatly affected by the novel Corona Virus pandemic.
Live on the Niffy Gateway marketplace, the auction, according to Jagger will be on for just 24 hours and will feature a unique song with David Grohl. In addition to this collectible, Eazy Sleazy, a digital art created by artist Olivier Latta (Extra Weg) will also be offered.
Via local charity groups like National Independent Venue Association and Music Venue Trust, proceeds from this auction will help raise money for independent venues in the UK and US. Additionally, a portion of the proceeds will go to various environmental organizations, according to Niffy Gateway.
At the time of writing, the NFT auction has received a $10,050 bid with 18 hours left.
This NFT launch by the Grammy-nominated artist is not the first time a brand or celebrity has jumped on this fad to help communities affected by the pandemic. Recently, Curve, a London-based fintech company, unveiled its special NFTs to help theatre workers in the city.
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Source: Cryptocurrency - investing.com
