Elon Musk announced on his Twitter account that he was launching a music video. He announced that he was going to sell the song as an NFT. NFT stands for Non-Fungible Token. This system protects your digital content with blockchain. Any image, text or video in the digital world can be NFT. NFT’s are seen as a reflection of real-world artworks in our digital world.
Musk announced on Twitter that he would be releasing a song as an NFT. Beeple, a well-known digital artist who sold his digital works with the NFT, offered $69 Million for the song shared by Elon Musk.
Musk responded to Beeple’s comment, saying he wanted 420 Million Dogecoins. The interesting thing is, 420 Million Dogecoins makes $24 million. Elon Musk is thought to have a goal of collecting all the Dogecoins on the market. The reason is that he offered $24 million worth of Dogecoin against a $69 million offer. Maybe he’s planning to make an important post about Dogecoin in the future.