Taylor Swift Dodges an FTX Formed Bullet

Taylor Swift and NFTs. Those people are two factors you do not assume to see together but if a report from the Monetary Occasions is to be considered, they pretty well could have been. According to the publication, the now-defunct FTX was in conversations with the pop star about a sponsorship offer. 

How Taylor Swift Could Have Leveraged NFTs

Reportedly, FTX and Swift were in the last levels of negotiation concerning an NFT ticketing and sponsorship offer really worth in the region of $100 million. Thankfully, the strategies did not occur to fruition due to disagreements from some in just the enterprise about how expensive Swift would have been to secure as an ambassador. 

FTX held talks with Taylor Swift about $100mn sponsorship offer https://t.co/Wcydz1knnO

— Monetary Situations (@FT) December 7, 2022

This was not the company’s first time dealing with major celebrities as it had Supermodel Gisele Bündchen and tennis star Naomi Osaka as ambassadors. At the identical time, the use of NFTs for ticketing could have been a enormous option. Audio fans may possibly remember that when tickets for Swift’s future tour went on sale past month, they marketed out inside seconds, with some enthusiasts paying out tens of hundreds for a solitary ticket. 

Placing such star electric power behind FTX would not have been insignificant in the the very least and whilst it never ever came to fruition, a more deserving World-wide-web3 may perhaps even now have a likelihood.

Want a lot more? Connect with NFT Plazas

Join the Weekly Newsletter
Be a part of our Discord
Stick to us on Twitter
Like us on Fb
Abide by us on Instagram

Image credit score by means of: Twitter

*All expenditure/monetary views expressed by NFT Plazas are from the private analysis and expertise of our web site moderators and are intended as instructional content only. Persons are needed to totally research any solution prior to creating any kind of financial investment.