Lindsay Lohan latest star to invest in NFTs
After selling her latest song, Lullaby, as an NFT for $85,000, Lindsay Lohan is helping bring attention to the NFT market which she believes will seriously impact the entertainment industry of the future.
Lohan offers advice to fans on how to make money off the NFT market in a feature titled ‘Getting Filthy Rich on NFTs.’ She presents viewers with a step by step process on how to begin the process of minting and selling your own NFTs.
Her primary aim is to introduce and educate society at large to the concept of NFTs and their benefits, which she views as a way for the artist to cut out the middle man, so to speak, and connect directly with the consumer, “Tokenization through NFTs can help content creators and musicians actually own the property rights for what they create, and allow them to profit accordingly,” says Lohan,
Building a community, she feels, is key and that it’s only a matter of time until a majority of well known artists get on board, ‘Maybe we will see the tokenization of movies, and of how artists are paid for their films, music and art. I see a future where crypto, NFTs and blockchain will be the norm, rather than the exception” states Lohan.
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