Coachella Music Festival to Launch Solana NFTs in Deal With FTX

Posted on by American Coins & Gold

Coachella Music Festival to Launch Solana NFTs in Deal With FTX
The Coachella Valley Music & Arts Festival, set to return this April after a two-year hiatus, has announced a series of NFTs (non-fungible tokens) offering on-site perks and VIP access to the event.It’s part of a “long-term” partnership with FTX, festival officials said in a press release. FTX is the crypto exchange helmed by billionaire Sam Bankman-Fried that recently snagged a $32 billion valuation (and an $8 billion valuation for its U.S. arm).Coachella is launching three collections at different price points, all of which are built on Solana, a relatively eco-friendly blockchain with lower fees than Ethereum. FTX introduced a…