TikTok announced the release of the NFT collection

by in Cryptocurrency News


Popular service TikTok announced the release of NFTs with the participation of famous content authors.

The Top Moments collection will include six “culturally significant TikTok videos” from Lil Nas X, Bella Poarch, Rudy Willingham, Curtis Roach, Gary Weinerchuk, Brittany Brosky, and more.

They will also team up with Coin Artist, x0r, RTFKT, and singer Grimes to create additional limited edition NFTs.

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The tokens will be issued on the Ethereum blockchain and run on an L2 scaling solution Immutable X. The incomes will be directed to authors and artists.

The release is scheduled for October 6th. Six unique videos will be on display at the Museum of the Moving Image in Queens, NY, from October 1 to November 5.

In late September, fintech company Ripple announced a $ 250 million fund for digital artists and developers in the non-fungible token segment.