Linkin Park & Fort Minor’s Mike Shinoda Mints His First NFT ‘One Hundredth Stream’
Mike Shinoda, the co-founder of American rock band Linkin Park and one of the band's vocalists, has minted his very first non-fungible token (NFT).
Called “One Hundredth Stream,” the NFT was shared by him late Friday. The last bid, 11th on the NFT, is of 7 WETH, which values at $11,389 at the time of publishing.
The bidding started 12 hours back with just 0.3 WETH; Wrapped Ether is currently worth $1,627.
The NFT is put on sale on Zora, a crypto-driven marketplace to buy, sell, and trade limited-edition goods. It builds tools for creators to issue tokens around their creativity and put an end to corporations and platforms’ monopoly on creative ownership.
Back in October, Zora raised a $2 million seed round led by Kindred Ventures, with participation from Trevor McFedries of Brud, Alice Lloyd George, Jeff Staple, Coinbase Ventures, and others.
Shinoda is just the latest of the celebrities to jump into the NFT scene, which is booming this year. Just this week, YouTuber Logan Paul announced the launch of a series of NFTs in partnership with Bondly Finance, which will be sold in an auction with Pokémon 1st Edition Booster Packs.
Bidding on each set will start at $10k, and the auction will run until Feb. 11.
NFTs are exploding in popularity that allows their creators to produce unique pieces. As the demand for them skyrockets, so does their issuance landscape, with over 50 different platforms to create them on.