David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans – Blockchain Bitcoin News

0

[ad_1]

The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme. Bowie’s blockchain collectibles will launch on Opensea on September 13, and proceeds from the sale will go to the global anti-poverty nonprofit Care (care.org).

‘Bowie on the Blockchain’ Digital Collectibles to Launch on September 13 via Opensea — Fans Criticize the NFT Drop

It seems when it comes to NFTs people either love them or hate them, and the recently announced “Bowie on the Blockchain” NFT collection has received some backlash. David Bowie is a famous English singer-songwriter and actor who passed away in January 2016.

Bowie is considered one of the most influential musicians, well known for his album “The Rise and Fall of Ziggy Stardust and the Spiders from Mars” and his hit single “Space Oddity.” The NFT collection will feature artwork that pays tribute to Bowie, and the digital collectibles are backed by the David Bowie estate and a Web3 venture called We Love the Arts.

The NFT marketplace Opensea has been teasing the “Bowie on the Blockchain” NFT collection on Twitter and in one particular tweet Opensea said: “On September 13th, David Bowie’s undying influence will impact yet another new frontier as nine of the world’s leading crypto-artists come together to celebrate his legacy and put #BowieOnTheBlockchain.”

David Bowie Estate to Drop 'Bowie on the Blockchain' NFTs, Sale Receives Backlash From Fans

Statements from the official announcement detail that all of the funds from the Bowie-centric NFT sale will be donated to Care. Bowie’s widow, the supermodel known as Iman, is a care.org global advocate. Following the announcement, a number of individuals berated the idea of putting Bowie on the blockchain.

“How about we just don’t with the NFT guff and just raise money for charity without using a pyramid scheme,” one user wrote to David Bowie’s official Twitter page. “David Bowie would not want this,” another individual opined. However, a few people disagreed and mentioned how Bowie created “Bowie bonds.” Bowie bonds were asset-backed securities backed by Bowie’s album sales and funds made from live performances.

“He pretty much pioneered it with Bowie Bonds but go off lol,” one person said, replying to the individual who insisted the now-deceased musical legend would not want an NFT collection to drop.

According to Rolling Stone journalist Jon Blistein, Bowie’s estate was “reaching out to get Bowie on the Blockchain.” The estate found the solution in the Web3 venture We Love the Arts and co-founder Andrew Keller mentioned concepts like Bowie Bonds to Blistein in an email.

“The more you think about what the crypto art space really is, the more you realize how ahead of his time Bowie was with some of the ways that he engaged with his fans — be it Bowie Art, Bowie World, Bowie Bonds, Bowie Net,” Keller remarked.

Tags in this story

Andrew Keller, Blockchain, Bowie, Bowie Art, Bowie Bonds, Bowie Estate, Bowie Net, Bowie World, CARE, Care.org, David Bowie, David Bowie Estate, Iman, Jon Blistein, nft, NFT collection, NFT Sale, NFTs, Non-fungible Token, Non-fungible tokens, Opensea, Opensea auction, Rolling Stone journalist, We Love the Arts, Web3

What do you think about the David Bowie NFT collection idea and the criticism it has received on social media? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Editorial credit: Stefano Chiacchiarini ’74 / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It

[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 58,718.00
tether
Tether (USDT) $ 0.998545
ethereum
Ethereum (ETH) $ 1,533.48
bnb
BNB (BNB) $ 553.37
usd-coin
USDC (USDC) $ 0.999717
xrp
XRP (XRP) $ 1.02
solana
Solana (SOL) $ 66.49
tron
TRON (TRX) $ 0.321931
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
hyperliquid
Hyperliquid (HYPE) $ 61.68
dogecoin
Dogecoin (DOGE) $ 0.073029
usds
USDS (USDS) $ 0.999508
rain
Rain (RAIN) $ 0.015644
leo-token
LEO Token (LEO) $ 9.33
zcash
Zcash (ZEC) $ 405.80
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
stellar
Stellar (XLM) $ 0.171625
canton-network
Canton (CC) $ 0.147533
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
monero
Monero (XMR) $ 303.01
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
lab
LAB (LAB) $ 18.17
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
whitebit
WhiteBIT Coin (WBT) $ 47.58
chainlink
Chainlink (LINK) $ 7.09
cardano
Cardano (ADA) $ 0.140346
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
usd1-wlfi
USD1 (USD1) $ 0.998991
susds
sUSDS (SUSDS) $ 1.08
dai
Dai (DAI) $ 0.999527
ethena-usde
Ethena USDe (USDE) $ 0.998171
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.55
bitcoin-cash
Bitcoin Cash (BCH) $ 186.76
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
hedera-hashgraph
Hedera (HBAR) $ 0.071966
hashnote-usyc
Circle USYC (USYC) $ 1.13
litecoin
Litecoin (LTC) $ 40.35
weth
WETH (WETH) $ 2,268.37
global-dollar
Global Dollar (USDG) $ 0.999808
paypal-usd
PayPal USD (PYUSD) $ 0.999932
sui
Sui (SUI) $ 0.666494
usdt0
USDT0 (USDT0) $ 0.998824
avalanche-2
Avalanche (AVAX) $ 6.03
crypto-com-chain
Cronos (CRO) $ 0.053808
tether-gold
Tether Gold (XAUT) $ 3,985.10
shiba-inu
Shiba Inu (SHIB) $ 0.000004
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
near
NEAR Protocol (NEAR) $ 1.78
ondo-us-dollar-yield
Ondo US Dollar Yield (USDY) $ 1.14
Shares