Key Takeaways:
- Jou Chou also reveals that it has several NFT collaborations.
- Chou’s entry will create a “celebrity effect” that will attract the globe around.
- The auction will take place under the banner of JBL.
Jou chou, one of the legendary musical artists in China, announced that he would auction one of its classic songs. Chinese music legend Jay Chou made this announcement through his Instagram handle. In the post, he disclosed that he would be auctioning his classic song DEMO under the name NFT. The auction will take place under the banner of JBL.
Apart from this, Chou also reveals that it has several NFT collaborations. Moreover, according to reports, the Chinese government will even support the development of NFT.
The singer also added that he is working on several other NFT projects, including the new music album named The fashion brand Chou PHANTACi. The Phanta Bear NFT collections have 10,000 in number-themed NFTs launched by this industry as a whole.
According to the sources, Chou’s entry will create a “celebrity effect” that will attract IPs, celebrities and top brands. to launch NFTs, pushing a market that is already overgrowing. An insider added to this saying to global times that.
“this year, the NFT market will shift to the consumer level, rather than being a niche market for the cryptocurrency world. “
The PhantaBears NF kicked started on January 1 became famous. First, the entire 10,000 piece collection sold out within hours. Then, a few days later, the trading volume of the collection. Thus it is placed above BAYC in the global rankings for trade volume on OpenSea.
