Mick Jagger is using NFTs to raise money for indie music venues

The English band from London, The Rolling Stones’ lead singer Mick Jagger is also jumping into the NFT craze to help independent music venues that have been negatively affected in this pandemic.

Mick Jagger is using NFTs to raise money for indie music venues

Through a tweet, Jagger said he had started a 24-hour auction on Nifty Gateway featuring a NFT, based on a new track in collaboration with Foo Fighters frontman Dave Grohl. 

This digital piece is designed by artist Oliver Latta, aka Extraweg, features a loop of a figure running through two human heads, with Grohl and Jagger’s “Eazy Sleazy” song playing in the background.

The announcement stated, “The 30-second audio visual piece evokes a surreal essence of breaking through the barriers of the human mind and pushing forward on the brink of social collapse to provide a much needed moment of artistic relief as the world slowly transitions out of lockdown.”

As per the description on Nifty, the auction will help in raising funds for independent music venues in the United States and the United Kingdom through local charity groups Music Venue Trust and the National Independent Venue Association. A specific portion of the money will also go to environmental causes.

There are so many artists who have become actively involved in NFT space lately. Last month, Crypto.com announced it would be launching an NFT platform featuring work from artists like Snoop Dogg, Boy George, Lionel Richie and others.