Currency Economy

’Breaking new ground is never easy’ — Kings of Leon’s NFT release takes in $2M

Cryptocurrency (Mar 11, 2021 01:21AM ET) ’Breaking new ground is never easy’ — Kings of Leon's NFT release takes in $2M

’Breaking new ground is never easy’ — Kings of Leon’s NFT release takes in $2M

The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or 820 Ether, in sales in its first five days according to figures on the Open Sea platform.

However Rolling Stone reports that a band representative estimates the revenue is above $2 million, with $600,000 of that going to the Crew Nation Fund for supporting live music crews affected by the pandemic.

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