Katy Perry collaborates with Theta Network to Launch New Range of NFTs Around Las Vegas Residency

Katy Perry Updates: Katy Perry has announced her first range of NFTs (non-fungible tokens) based around her Las Vegas residency, which will begin at the end of 2021.

The singer’s ‘Play’ residency will premiere at the new Resorts World casino in Las Vegas. The venue is a 5,000 seater. ‘Play’ is due to premiere this December. Katy’s NFTs are made in conjunction with the Theta Network. Perry has acquired a minority stake in the company. There are no further details on the NFTs but fans can register here to get notified of the first sale.

In an interview, Katy Perry expressed her feelings on this new venture. She said that she is excited and curious to be launching her first NFTs with the Theta Network. She called it a unique opportunity for her to connect with her fans around the world even if they weren’t there with her in Las Vegas.

Talking about the Theta team she said, “I can’t wait to dive in with the Theta team on all the exciting and memorable creative pieces, so my fans can own a special moment of my residency that’s both a digital collectible as well as an IRL experience.”

Katy Perry collaboration

NME

Theta representative Mitch Liu said that the event will be coinciding with Theta’s Mainnet 3.0 launch and working with a global icon such as Katy Perry is going to mark an important inflection point in Theta’s history which would lead to global adoption of the Theta blockchain. Liu added, “With the help of CAA and Katy’s management team, we’re charting a course towards

Sales of cryptocurrency asset NFTs have taken the industry by storm this year as big companies like Kings of Leon, Aphex Twin, and Gorillaz all started selling NFTs.

Calvin Harris praised the Non-Fungible Token craze, saying that it carried the potential to completely revolutionize the music industry. Participating in the craze, A Tribe called Quest has announced plans to sell off a portion of their song royalties as an NFT.