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Lindsay Lohan offering ‘experiential NFTs’ on Superfandom

Lindsay Lohan offering ‘experiential NFTs’ on Superfandom

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Source: Coin Telegraph

Lindsay Lohan will join several other entertainment stars and sell experiential NFTs, as well as become an advisor to the Superfandom marketplace on the Stacks blockchain.

Lindsay Lohan will issue “experiential nonfungible tokens” on the Superfandom platform. 

The Hollywood star will also act as an advisor to the platform to help it attract more artists and entertainment figures.

“Experiential NFTs” give fans the opportunity to interact with their favorite entertainers in real life by meeting them virtually or in person. In the case of celebrity chefs for example, they could even cook a meal for a fan.

Other stars offering NFTs on the platform include Home Improvement star Richard Karn, movie stars Jake Busey (Starship Troopers) and Riya Sen (30 Minutes), and Hunava Mere singer Jubin Nautiyal.

Superfandom is a subsidiary of Rare Sense, which is backed by developerHiro, and emerged from the first cohort of the Stacks Accelerator. Stacks is a layer-1 open-source blockchain that settles transactions on Bitcoin.

CEO Sophia Perez told Cointelegraph, “These aren’t your typical CryptoPunk or Bored Ape type of art NFT.”

“Experiential NFTs are more suitable for creators because digital art [NFTs are great] if you’re an artist, but what if you’re a chef or an actor?”

1990s TV star Karn is offering fans NFTs that enable them to be his golfing buddy for a day or to have the actor appear alongside them in a video.

Experiences with other stars so far include a gym session, acting coaching, or just hanging out.

Perez indicated that the platform would go live within the next two weeks, enabling fans to begin buying experiential NFTs.

Since a fan will not be eligible to repeat most experiences, Perez said “getting a secondary market out for us is a big priority.” This will enable experiential NFTs to be re-sold and experienced by a new owner.

Related: Year of sponsorships: Celebrities who embraced crypto in 2021

This will continue Lohan’s long foray into the NFT space. She has already released a music single as an NFT and sold a Daft Punk-themed NFT on Rarible.

There is no confirmation yet as to what experiences Lohan will offer on the platform.

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Author: Brian Newar