The collection will include six videos that the site calls “culturally significant”. The proceeds will be distributed among the authors of the videos and the artists who will work on the creation of the NFT.
Service for creating and watching short videos TikTok will release a collection of non fungible tokens (NFT). The TikTok Top Moments collection will feature six “culturally significant” videos from Lil Nas X, Bella Poarch, Rudy Willengham, Curtis Roach, Gary Vaynerchuk, Brittany Brosky and others, according to the project’s official website .
Limited edition NFT will be released in collaboration with Coin Artist, x0r, RTFKT and singer Grimes.
Tokens will be released on October 6th. From October 1 to November 5, six unique videos will be on display at the Museum of Moving Image in Queens, New York, USA. NFT will run on the Ethereum blockchain. Authors and artists will receive funds from the sale.
In August, TikTok announced a partnership with the music streaming platform Audius. Its users were able to integrate their music tracks into TikTok for their subsequent use in creating videos. Against this background, the cost of the own token of the Audus project rose by 90% per day.
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