TikTok will launch NFTs with Ethereum blockchain

TikTok has announced a partnership with Lil Nas X, Grimes and more to launch NFTs using the Ethereum blockchain.

TikTok will release its first NFT collection featuring content from six of its most influential creators.

What happened
In Thursday’s announcement, TikTok revealed a set of tokenized digital collectibles that will be featured in an edition called “TikTok Top Moments.”

NFTs will launch Ethereum on the Ethereum blockchain

Powered by Immutable X, a Layer 2 NFT protocol. Immutable X claims that the NFTs traded on it are “100% carbon neutral.”

“Creations on TikTok help drive culture and spark trends that affect society. TikTok will bring something unique and innovative to the NFT space by selecting some of these cultural landmarks and pairing them with famous NFT artists,”the company said. indicated on its publishing website.

because it matters
TikTok is the fastest growing social media platform, recently surpassing 1 billion monthly users worldwide. He intends to use his NFT collection to empower his top tiers, and plans to reward NFT artists and content creators with the lion’s share of sales proceeds.

The launch, scheduled for October 6, includes six “culturally significant” TikTok videos. Lil Nas X will be the first NFT release, followed by creators such as Rudy Willingham, Bella Poarch, Curtis Roach, Brittany Broski, FNMeka, Jess Marciante, and Gary Vaynerchuk.

These creators can collaborate with Grimes, COIN ARTIST and x0r to create more limited edition NFTs.

price fluctuation​
​In the last review, Ethereum was trading at $3,110, up 4.14% in 24 hours.​

TikTok has announced a partnership with Lil Nas X, Grimes and more to launch NFTs using the Ethereum blockchain.