Rolling Loud Launches Utility-Focused 'LoudPunx' NFTs
Niko Pajkovic — August 15, 2022 — Tech
References: rollingloud & benzinga
Rolling Loud, a leading American rap and hip hop festival, has announced the launch of its first-ever NFT collection titled 'LoudPunx.' The new collection will be comprised of 10,000 unique one-of-one NFTs, each of which will provide owners with lifetime access to future Rolling Loud festivals across the world.
What this means is that LoudPunx holders will be able to attend any future Rolling Loud event, including those recently announced by the festival, which are set to take place in Portugal, The Netherlands, and Thailand. The NFTs themselves feature profile picture images taken from the life-sized figurines displayed at Rolling loud Festivals. What's more, LoudPunx holders will be granted exclusive access to LoudPubx lounges at al future festivals.
Image Credit: Rolling Loud
What this means is that LoudPunx holders will be able to attend any future Rolling Loud event, including those recently announced by the festival, which are set to take place in Portugal, The Netherlands, and Thailand. The NFTs themselves feature profile picture images taken from the life-sized figurines displayed at Rolling loud Festivals. What's more, LoudPunx holders will be granted exclusive access to LoudPubx lounges at al future festivals.
Image Credit: Rolling Loud
Trend Themes
1. NFT Event Access - The 'LoudPunx' NFT collection provides lifetime access to future Rolling Loud festivals, creating a trend of NFTs being utilized as event tickets.
2. Limited Edition NFT Collections - The 'LoudPunx' NFT collection is comprised of 10,000 unique one-of-a-kind NFTs, replicating the trend of exclusive and limited edition NFT releases.
3. Utility-focused Nfts - The 'LoudPunx' NFT collection provides utility beyond just the NFT itself, such as Lifetime event access and exclusive lounge access.
Industry Implications
1. Music Festivals - Music Festivals like Rolling Loud can benefit from using NFTs as event tickets, creating a more streamlined and secure process for guests.
2. Art and Collectibles - The 'LoudPunx' NFT collection represents a new avenue for Art and Collectibles enthusiasts to acquire unique and valuable items.
3. Blockchain Technology - The use of NFTs in the 'LoudPunx' collection highlights the potential for blockchain to revolutionize the way ticketing, collectibles, and other industries operate.
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