Listen to Elon Musk’s song about NFTs on Twitter.
Elon Musk / screenshot by Alison DeNisco Rayome / CNET
Tesla CEO Elon Musk changed his mind about selling a song about NFTs – short for “nonfungible tokens,” basically digital certificates of authenticity – as an NFT.
“Actually, it does not feel quite right to sell it. Will succeed,” he tweeted Tuesday afternoon. The sale of the song would have given the buyer the digital rights to ownership of the song.
On Monday, he tweeted that he was selling a song about NFTs. The song has a techno rhythm and repeats ‘NFT’ over and over and finally comes to the female lyrics ‘NFT for your vanity, computers never sleep, it’s verified, it’s guaranteed.’ No, it does not sound like Grimes to me.
Musk posted the song with an animation of a spinning “vanity trophy” with many references to various elements of the technology, including dogs that presumably Dogecoin. You just have to see it for yourself. He never announced on what platform he would sell the song, or when, before he changed his mind.
NFTs have received a lot of attention over the past few weeks, with artists, entertainers and people in the media involved in selling digital rights to various things, Rich Nieva of CNET reported. For example, a clip of Lebron James spoiling a quick break was sold for $ 100,000 on Top Shot, the NBA’s market for highlights. In early March, Kings of Leon became the first group to announce the release of an NFT album, featuring three types of tokens that include special artwork and benefits. Pop star Shawn Mendez last month announced a series of digital goods in the form of NFTs. Meanwhile, the Associated Press is auctioning off an NFT election card from the 2020 US presidential contest. Jack Dorsey, CEO of Twitter, even sells the first tweet on the platform as an NFT.