Kings of Leon generate more than $2m from NFT sales
The band joins a number of acts, including Grimes and Shawn Mendes, in releasing a collection of non-fungible tokens on the blockchain
News By IQ | 11 March 2021
American rock band Kings of Leon has generated more than $2 million from ‘NFT Yourself’, a collection of non-fungible tokens the band put up for sale through blockchain technology company YellowHeart.
A non-fungible token (NFT) is a form of cryptocurrency asset; a spendable token that you can exchange for other cryptocurrencies, or spend on goods where they’re accepted, on the blockchain (a Cloud for financial assets).
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The ‘NFT Yourself’ sale, which ran from Friday to Monday, included the band’s new…