Unreleased Whitney Houston recording NFT sells for $1m

An unreleased Whitney Houston recording made when she was 17 has been purchased as an NFT for $999,999.

It was auctioned yesterday (December 14) on the Quincy Jones-backed OneOf NFT platform.

OneOf says that the profitable bid is now the best priced NFT public sale merchandise on the Tezos(XTZ) blockchain (the blockchain protocol on which OneOf is constructed).

In complete, the complete assortment, which options uncommon pictures and movies, has generated over $1.1 million in gross sales to this point.

In line with OneOf, the winner of the public sale now has private entry to this recording of their ‘OneOf Vault’ together with a digital video created by breakout 17-year-old artist Diana Sinclair.

Proceeds from the gross sales of the gathering will go to the non-profit Whitney E. Houston Basis.

The gathering additionally consists of hundreds of fixed-price NFTs, together with archival pictures from Houston’s youth and profession

The brand new NFT assortment arrives on the heels of OneOf’s three-year partnership with the Grammy Awards.

OneOf raised $63 million in a seed spherical in Might from outstanding tech and music business veterans.

The platform was co-founded by tech entrepreneur Lin Dai, digital media government Joshua James, and music business veteran Adam Fell, in partnership with Quincy Jones and Quincy Jones Productions.

The OneOf platform launched in August with the iHeartRadio Music Pageant, and its debut artist assortment featured a 26,000 token launch from Doja Cat.

An public sale for the “one-of-a-kind” merchandise in her assortment bought for $188,000, and was beforehand the one largest public sale transaction on Tezos, previous to the sale of the Whitney Houston NFT.

“I’m excited to see Whitney’s legacy and her great music broaden into daring new know-how of this period.”

Pat Houston, Property of Whitney E. Houston

Talking final month, Pat Houston (Executor, Property of Whitney E. Houston), stated: “I’m excited to see Whitney’s legacy and her great music broaden into daring new know-how of this period.

“It was a pleasure partnering with 17-year-old Diana Sinclair and watching the artistry of Whitney’s music affect a brand new technology.”Music Enterprise Worldwide

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