John Legere, former CEO of T-Mobile, bought a $ 888,888.88 Steve Aoki NFT

Over the weekend, Steve Aoki launched a limited art collection through a non-fungible token (NFT) sale. The event brought in $ 4.25 million, led by a record single auction price of $ 888,888.88 paid by former T-Mobile CEO John Legere, Aoki’s team said Rolling Stone.

Aoki designed his collection “Dream Catcher” in partnership with visual artist Antonio Tudisco and launched the project with artist management company YMU, which also manages 3Lau and RAC and helped them enter the NFTs in recent months. The artist-DJ-producer auctioned 11 exclusive pieces, all composed of soundscapes in harmony with digital animations, and the sale lasted from Sunday, March 7, to Monday, March 8.

Legere spent $ 888,888.88 on Aoki’s unique piece entitled “hairy,” which sets a record for the highest auction price on the Nifty Gateway hosting platform. Since leaving T-Mobile in 2019, the former telecommunications executive has spent his time tweeting on all subjects under the sun and contemplating a political restriction.

In a press release to be released today (March 9), Aoki – who was a fashion designer, founder of record label and author, in addition to his activities as a composer and interpreter – said that “the NFTs gave me the opportunity to finally merge art , collectible culture and music in a way that I have never been able to understand before. ”He added:“ I believe this is where the world is going by all necessary means. NFTs are a steamroller that cannot be stopped. It will soon be normalized and it will be a structural pillar of our culture. If you are reading this now, you are ahead of schedule. It’s time to build, innovate and disrupt the entire space. “

Aoki’s manager, Matt Colon, said in the statement that the team “never expected” anything near the reception of buyers and the NFT community. “I think it is a testament to the time and energy that Steve and Antoni invested in these pieces, obsessed with even the smallest details,” says Colon. “It just shows that art is important AND has value.”

Read below:
A field guide to the potential cryptographic growth of music
Music NFTs have become popular. Who’s in?

Source