The auction’s proceeds will be donated to an ArtCenter scholarship.
Linkin Park rapper and songwriter Mike Shinoda wrote to Twitter to announce his first piece of NFT art. The piece, named One Hundredth Stream, dropped on NFT auction site Zora yesterday. The highest bid as of now comes to 18,000 DAI. For DAI’s value is fixed to the US dollar, it is $18,000.
More to Come
In a follow-up tweet, Shinoda announced that there was ‘more to come,’ before going on the merits of NFTs as a new method of distribution for working artists. Calling to attention the “Creators who have been commodified by platforms forever,” Shinoda went on to admire NFTs as an area where “the value of your work/art/idea is defined by the market.”
Later in the day, Shinoda’s Twitter praise of blockchain art continued:
“This should be very interesting for people who make unconventional art, or people who have been told their art isn’t art at all. Maybe it is. The community will decide”
The auction will be until 4 PM PST on February 9, 2021, before Shinoda picks the winning bid. The proceeds will go towards an ArtCentre scholarship that he is funding.
A fresh art movement?
Shinoda is far from the first settled creative to get into producing NFTs. The creator of Rick and Morty, Justin Roiland sold his debut NFT collection for 1,300 ETH, or over $1.65 million.
MF Doom, the legendary rapper, whose death last Halloween 2020 was announced on New Year’s day this year, dropped a collection of wearables so his fans could enjoy owning one of eleven different styles of masks of augmented reality.
The auctions ended the day he died, making these masks his final announced creative endeavor. Shinoda seems to be in good company. As the pool of NFT artists grows larger every day, the IRL auction houses could soon be pulsating.
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