Katy Perry Will Launch a Line of NFTs With Theta Labs

Katy Perry Will Launch a Line of NFTs With Theta Labs

The collectible tokens will likely be launched as section of Perry’s “Play” home in Las Vegas.

Key Takeaways

  • Katy Perry is launching a line of collectible crypto tokens, or NFTs.
  • These NFTs will likely be produced in partnership with Theta Labs; Perry will moreover keep stake in Theta as section of the deal.
  • Celeb NFTs possess change into a valuable type in recent months.

Pop song artist Katy Perry has launched that she is going to commence a line of non-fungible tokens, as seen on her Twitter myth this day.

Katy Perry Will Work With Theta Labs

The NFTs are section of Perry’s “Play” residency, which will peep the artist rating 16 shows in Las Vegas initiating December 2021.

Perry’s line of NFTs will likely be produced in partnership with Theta Network, a blockchain-based entirely streaming platform that is backed by validator nodes from most critical entities equivalent to Google Cloud and Sony.

Katy Perry’s abilities agency, Creative Artists Company, serves as a validator node for Theta as successfully. As section of the deal, Katy Perry will keep a minority stake in Theta Labs herself.

Those that wish to carry out a Katy Perry NFT can register initiating this day. It is a long way never but clear what screech these tokens will comprise, as a change of the indisputable truth that they would possibly perhaps presumably perhaps commemorate her “Play” residency.

Celeb NFTs Are on the Rise

Celeb-backed NFTs possess change into fashionable in recent months. Actress Mila Kunis has launched her participation in an NFT-based entirely interesting series known as Stoner Cats, whereas Jay Z is auctioning a tokenized quilt from his debut album through Sotheby’s.

Diversified celebrities that possess participated in the NFT type embrace Paris Hilton, Lindsay Lohan, Snoop Dogg, Ellen DeGeneres, Grimes, Twitter CEO Jack Dorsey, and plenty others.

On the total, proceeds from these gross sales are donated to charity and are now not saved by the necessary person. Meanwhile, the publicity garnered from these gross sales helps the blockchain startups lively to place themselves.

Disclaimer: On the time of writing this author held now not as much as $75 of Bitcoin, Ethereum, and altcoins.

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