Does Coachella have a NFT collection in 2022?

In 2022, Coachella is offering its fans more than just access to one of the largest music festivals in the world. Coachella created and launched its very own NFT collection, with one of the digital assets giving you lifetime access to the event.

Does Coachella have a FTX marketplace?

Coachella’s parent company, Goldenvoice has partnered with FTX US to develop an environmentally friendly marketplace on Solana. Using this platform, you’ll be able to bid on or purchase the NFTs included in Coachella’s NFT collection.

Why is Coachella hosting NFTS on the Solana blockchain?

Coachella is attempting to avoid this by hosting its NFTs on the Solana blockchain. This uses a proof-of-stake (PoS) - rather than proof-of-work (PoW) - algorithm to maintain consensus and validate the information stored on the blockchain.

Does Coachella sell lifetime festival passes?

Asit Sharma: The news is Coachella will sell lifetime festival passes as NFTs. This is a very popular music festival in the physical world. They are selling 10 lifetime NFTs. With these NFTs, if you buy one of these, you get two lifetime passes to Coachella's festival. The big one that they have in person and I think another separate virtual event.