fbpx

PROFILE

MY SUBSCRIPTION

LOGOUT

x

The latest industry news to your inbox.

    

I'd like to hear about marketing opportunities

    

I accept IQ Magazine's Terms and Conditions and Privacy Policy

news

Serbia’s Exit festival launches NFT series

The festival's first NFT collection is being created in collaboration with "major music stars of today" and trading platform SolSea

By James Hanley on 03 Feb 2022

Exit Festival celebrated its 20th anniversary at the weekend

Hot on the heels of Coachella joining the non-fungible token revolution, Serbia’s Exit Festival has signalled its entrance into the metaverse with its own line of NFTs.

Exit’s first NFT collection is being created in collaboration with “major music stars of today” and trading platform SolSea on the Solana blockchain. The NFTs will be available in the SolSea virtual store in a few weeks.

Most of the tokens will be made for use in the “multiverse” – an “exciting and innovative 3D web reality”, which the festival is involved in the development of.

“In cooperation with the world’s leading IT companies, we are developing a community that will place artists and creatives at the epicentre of events through various platforms,” it says in a statement. “This will give fans and those about to become fans unprecedented experiences and ways to interact and communicate.

“The festival’s NFT collection will be multidimensional, as it will feature a specially created live experience”

“In line with Exit’s philosophy that live experiences are irreplaceable, the festival’s NFT collection will be multidimensional, as it will feature a specially created live experience in addition to cutting-edge digital art. This will bring with it many exciting surprises relating to the EXIT festival and its music stars, which few have had the opportunity to experience so far.”

Exit is also offering an exclusive limited NFT series as a gift to those who are the first to sign up to its new Discord digital community, launched today, which you can join here.

“These will be distributed only on this occasion and provide owners with exclusive content and other benefits, as well as a special status within Exit’s digital community,” it adds.

Last year’s 20th anniversary edition of Exit, held in a 17th-century fortress in Novi Sad, attracted 42,000 festival-goers from more than 70 countries on the opening day alone. It returns from 7-10 July with artists such as Nick Cave & The Bad Seeds.

Earlier this week, Coachella announced it was auctioning off 10 lifetime passes to the event as part of an NFT series. The ‘Coachella Keys’ collection grants admission to the 125,000-capacity festival in Indio, California US every year, along with other benefits. The auction begins on Friday, 4 February at 10am Pacific time (7pm CET) and will last for one week.

New York’s Governor’s Ball festival also offered NFTs through a partnership with Coinbase for its 10th anniversary edition in 2021

 


Get more stories like this in your inbox by signing up for IQ Index, IQ’s free email digest of essential live music industry news.

Comments are closed.