The world’s first MEGADETH non-fungible token (NFT) has arrived. This piece is a one-of-one and exclusively available for auction via Rarible’s platform through Monday, April 12.
NFTs are a type of digital asset where ownership is recorded on a digital ledger blockchain. Each NFT is unique and can be viewed as a collectible that cannot be duplicated, making them singular and potentially valuable. NFTs can represent digital files, such as art, audio, videos, posters, album art and other forms of creative work.
A recent report by NonFungible.com, an NFT market analyst firm said that: “The non-fungible token (NFT) market tripled in 2020, with the total value of transactions increasing by 299% year on year to more than $250m, according to a new study released by NonFungible.com. Developed with support from foresight business L’Atelier BNP Paribas, the report — the third annual study of the NFT market — finds that NFTs are primed to become a leading emerging asset class for the Virtual Economy in the years ahead, both in terms of their financial value and their practical uses, and a major driver of economic activity in virtual worlds.”
MEGADETH is currently putting the finishing touches on the follow-up to 2016’s “Dystopia” album.
The world’s first Megadeth NFT has arrived.
— Megadeth (@Megadeth) April 7, 2021