The famous Montreux Jazz Festival is the latest entrant into the world of NFTs.
The venture will see five artworks by French artist Greg Guillemin go on sale, each animated design representing an artist from the 56th edition of the Festival.
The scheme is run in a new partnership with the American platform OneOf.
Non-fungible tokens, or NFTs, are unique and scarce pieces of digital media and art that are established on a blockchain. Blockchain technology means that the origin and ownership of NFTs can always be proven.
Rising to public prominence in the last few years, NFTs have taken the art world by storm since the record sale of digital artist Beeple’s work ‘The First 5000 Days’ for $69 million. The tech phenomenon has also shown up in the wine industry,sporting world, gambling, and ballet.
Montreuz Jazz Festival and NFTs
Montreux Jazz Festival’s foray into the arena is, they say, a continuation of their innovation in the area of audiovisual technology.
“Innovation has always been at the heart of the Montreux Jazz Festival,” says Nick Bonard, CEO of Montreux Media Ventures.
“NFTs will offer us the opportunity to support and collaborate more closely with artists in a more sustainable way.”
For its first experience in the world of NFT, the Festival has chosen to focus on the visual arts, drawing on a long tradition in this field with its legendary posters, created by Keith Haring, Niki de Saint Phalle, Jean Tinguely and David Bowie.
A collectible NFT of the 2022 Festival poster, designed by Camille Walala will be offered free of charge to anyone who registers on the OneOf platform.
The festival takes place every year in Switzerland and this year boasts performances from Nick Cave and the Bad Seeds, Bjork, and John Legend.
Montreux Jazz Festival announces NFT venture & More Switzerland Latest News Update
Montreux Jazz Festival announces NFT venture & More Switzerland Live News
All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get
all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue
to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.
Montreux Jazz Festival announces NFT venture & More Switzerland Trending News Today
All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information breaking news today of this news, you can get other types of news along with your country and city. You will be able to get information related to, as well as you will be able to get information about what is going on around you through us for free
so that you can make yourself a knowledgeable by getting complete information about your country and state and information about news. Whatever is being given through us, I have tried to bring it to you through other websites, which you may like
very much and if you like all this news, then definitely around you. Along with the people of India, keep sharing such news necessary to your loved ones, let all the news influence them and they can move forward two steps further.
Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links