Music NFTs roundup: Julian Lennon, Brit Awards, The Wombats…

We know that there is excitement and ennui in equal measures out there about NFTs in 2022 – and sometimes outright anger, as several artists have discovered when announcing NFT drops on Twitter.

The auction will include a coat and cape worn by John Lennon in two of the Beatles’ films, as well as guitars and ‘Hey Jude’ notes handwritten by Paul McCartney.

Based on the winners of 13 categories at the event on 8 February, the NFTs will go on sale the next day in runs of 250 each, costing just £10.

That’s also a key part of the pitch for British band The Wombats’ first NFT drop, a partnership with web3 agency Kollectiff to release “metaverse-ready NFTs”.

Dance label Monstercat was early into NFTs, and its latest drop – with the Nifty Gateway marketplace – is a collection of audiovisual ‘Relics’.

It’s dizzying, but some clear themes are emerging: the intertwining of NFTs and virtual worlds / games; sustainability as a key part of the marketing pitch ; and exploration of cheaper NFTs rather than just going for top-dollar prices at auction.

…Read the full story