Share this article
The NFT hype is showing no signs of slowing. Now, Linkin Park member Mike Shinoda has shared his first digital collectible piece.
Mike Shinoda Mints NFT
Mike Shinoda, the American musician best known for his role in the seminal rock band Linkin Park, has released his first NFT.
An auction for the digital art piece, titled “One Hundredth Stream,” is running on Zora, an exchange for buying limited edition art and other goods.
Zora lets users bid on items using various currencies. Since listing “One Hundredth Stream” earlier this weekend, it’s received a bid of 7 WETH—around $11,200 at publication.
Shinoda confirmed that he would donate the proceeds from the winning bid to a scholarship he funded at ArtCenter College of Design.
The NFT contains music created by Shinoda. He explained that listing an item this way would likely be more lucrative than releasing a song worldwide through traditional methods.
Based on some of his other Twitter comments, the listing has received a mixed response from his fans. He said:
“It doesn’t matter if you think a current bidding price is too high for a digital collectible. It matters that one person thinks the [sic] price is worth it.”
Shinoda isn’t the first musician to get involved in the NFT boom recently. Only a few days ago, Soulja Boy minted his first piece. Lil Yachty also raised $16,050 for his first collectible, and Carl Cox has released music as a token in a similar way to how Shinoda has done.
The auction ends this weekend. It can be viewed here.
Disclosure: At the time of writing, the author of this feature owned ETH, among a number of other cryptocurrencies.
wNews: Ethereum Hits All-Time High, Shutting Out Retail DeFi Investors
This week’s edition of wNews dives into why Ethereum and DeFi are currently surging. More importantly, though, the space was again faced with staggering gas fees reminding newcomers that it’s…
Looking Back on 2020 and 2021 Predictions
Happy New Year from all of us at Crypto.com Research! 2020 was an unprecedented year for the world and for crypto. Before we fully plunge into 2021 predictions, we will…
Gamified Trading Platform Hxro Will Launch on Solana
Hxro, a crypto options trading platform, has announced that it will extend its derivatives trading service to the Solana blockchain. Hxro Credits Solana’s Performance Hxro currently offers time-based options markets…