NFTs not just mega big. They are now becoming the center of the solar system of Hollywood.
Take for example the Hollywood Reporter just released that artist Nyla Hayes Long Neckie Ladies NFT collection has valued at $3.4 million and brought on CAA signing. This follows on the footsteps of such major A-listers joining the ranks such as Snoop Dogg and Tom Brady growing their empires into the NFT space.
According to Yahoo News, the rapper’s NFT collection called “A Journey with the Dogg,” puts, “together the rapper’s memories from his early years, with art inspired by the NFT movement including an original track “NFT.” The success of that sale was such a hit it drove Snoop to get into crypto full bore.”
Another highlight on the spectrum is of course is Justin Bieber who back in January reported by Page Six to have spent $1.29M on the NFT called “Bored Ape.”
Now the space has grown so much that it’s no longer about Hollywood just buying scripts. They are buying and collecting NFTs at warp speed rates. It’s so big that much attention has even brought to light what is being recorded as the largest NFT giveaway in history valued at $1.3M. This is not chump change.
Cover art by julien Tromeur on Unsplash