COACHELLA AND OPENSEA FORGE AHEAD WITH NFTS FOR 2024 FESTIVAL
The post COACHELLA AND OPENSEA FORGE AHEAD WITH NFTS FOR 2024 FESTIVAL appeared on BitcoinEthereumNews.com. In a groundbreaking move, the Coachella Valley Music and Arts Festival has once again embraced the world of non-fungible tokens (NFTs). Partnering with OpenSea, a leading NFT marketplace, this collaboration aims to redefine the festival experience. Introducing Coachella Keepsakes: a trilogy of NFT collections powered by the Avalanche blockchain network. Coachella’s second foray into the NFT realm seeks to provide attendees with exclusive festival perks and tangible merchandise. It merges the digital and physical worlds seamlessly. COACHELLA’S NFT JOURNEY Coachella‘s venture into NFTs began in 2022 with FTX, offering lifetime festival passes that faced setbacks due to FTX’s collapse. Undeterred by past challenges, Coachella has chosen OpenSea as a trusted partner for its renewed NFT initiative. The three distinct NFT collections are poised to revolutionize how fans interact with the festival, offering unique experiences beyond traditional event attendance. EXCLUSIVE BENEFITS FOR NFT HOLDERS The Coachella Keepsakes NFT collections will be released in three phases, each offering a distinct set of privileges. The initial drop, the ‘VIP Pass + Oasis Lounge Keepsake,’ grants VIP access to Coachella 2024. It also includes exclusive entry to the tranquil ‘Oasis Lounge,’ featuring complimentary drinks and a shaded lounge area. This exclusive NFT, priced at $1,499, is available for minting until April 1, with only 1,000 assets up for grabs. The subsequent drops include the ‘Canvas Welcome Box Keepsake,’ launching on March 25, offering varying levels of utility, unique merchandise, digital content, and access to the Rose Garden VIP area. The final drop in mid-April promises an artist collaboration, unveiling another layer of exclusive experiences for Coachella attendees. Sam Schoonover, Coachella’s Innovation Lead, underlined the festival’s dedication to respecting the advantages of former NFT holders. He expressed optimism about NFTs with practical applications, citing positive feedback from the 2022 program despite challenges with FTX. OPENSEA’S ROLE AND CEO’S PERSPECTIVE…
The post COACHELLA AND OPENSEA FORGE AHEAD WITH NFTS FOR 2024 FESTIVAL appeared on BitcoinEthereumNews.com.
In a groundbreaking move, the Coachella Valley Music and Arts Festival has once again embraced the world of non-fungible tokens (NFTs). Partnering with OpenSea, a leading NFT marketplace, this collaboration aims to redefine the festival experience. Introducing Coachella Keepsakes: a trilogy of NFT collections powered by the Avalanche blockchain network. Coachella’s second foray into the NFT realm seeks to provide attendees with exclusive festival perks and tangible merchandise. It merges the digital and physical worlds seamlessly. COACHELLA’S NFT JOURNEY Coachella‘s venture into NFTs began in 2022 with FTX, offering lifetime festival passes that faced setbacks due to FTX’s collapse. Undeterred by past challenges, Coachella has chosen OpenSea as a trusted partner for its renewed NFT initiative. The three distinct NFT collections are poised to revolutionize how fans interact with the festival, offering unique experiences beyond traditional event attendance. EXCLUSIVE BENEFITS FOR NFT HOLDERS The Coachella Keepsakes NFT collections will be released in three phases, each offering a distinct set of privileges. The initial drop, the ‘VIP Pass + Oasis Lounge Keepsake,’ grants VIP access to Coachella 2024. It also includes exclusive entry to the tranquil ‘Oasis Lounge,’ featuring complimentary drinks and a shaded lounge area. This exclusive NFT, priced at $1,499, is available for minting until April 1, with only 1,000 assets up for grabs. The subsequent drops include the ‘Canvas Welcome Box Keepsake,’ launching on March 25, offering varying levels of utility, unique merchandise, digital content, and access to the Rose Garden VIP area. The final drop in mid-April promises an artist collaboration, unveiling another layer of exclusive experiences for Coachella attendees. Sam Schoonover, Coachella’s Innovation Lead, underlined the festival’s dedication to respecting the advantages of former NFT holders. He expressed optimism about NFTs with practical applications, citing positive feedback from the 2022 program despite challenges with FTX. OPENSEA’S ROLE AND CEO’S PERSPECTIVE…
