The NFT of the drafts written by Paul McCartney for the hit “hey jude” are expected to reach the highest price at auction. They have a starting price of $ 30,000, with expectations that bids can reach more than double that. Some of the proceeds from the sale of NFT will go to Julian Lennon’s fund. The online auction will take place on February 7th.
More in-
NFT are assets in the digital world that can be bought and sold like any other property, but have no tangible form of their own. Digital tokens can be treated as certificates of ownership of virtual or physical assets. Over the years, collectibles have been perceived as valuable due to their rarity, but in contrast, digital files can be duplicated easily and in infinity of copies.
Registration and Bidding is now open for Lennon Connection: The NFT Collection. In collaboration with @JuliensAuctions x @YellowHeartNFT , a portion of the proceeds will be donated to @TWFFofficial to offset carbon via @nori. Learn more at https://t.co/6l5nzO1CHJ pic.twitter.com/bvG7EHAX88
– Julian Lennon (@JulianLennon) January 24, 2022
As with cryptocurrencies, the owner’s records are stored in a shared “ledger” known as a blockchain. The records cannot be forged because the notebook is maintained by thousands of computers around the world.