Lindsay Lohan entered the NFT market with her new single “Lullaby”.
The 34-year-old singer and actress shared a teaser of the track on social media over the weekend, which she made available via the digital platform FansForever.
She told her 8.7 million followers on Instagram: “I’m about to release my next single” Lullaby “as #NFT in a few hours on Fansforever.io. This is a Genesis piece and a story in the making! # Firstever #women #letsgetit @justinsun (sic) “
The ‘Mean Girls’ star had previously predicted that NFTs (non-fungible tokens), an emerging market within the blockchain, could sell unique digital art and goods with a single impression known as ‘tokens’, will soon be all the rage. Hollywood and Beyond “.
In an interview with Forbes, she said, “It’s only a matter of time before everyone in Hollywood and beyond gets involved. Maybe we’ll see the tokenization of films and how artists are paid for their films, music and art. I see A future where crypto, NFTs, and blockchain will be the norm rather than the exception.
“Lindsay believes her community can” benefit crypto “.
She continued, “Most of us had heard of the word bitcoin or the term blockchain, but there wasn’t much knowledge on the subject.” As I started to learn more and get more involved, I quickly realized that my community Crypto was able to benefit from this and that I could inform and introduce a large part of society that was not involved in the blockchain space. “
And the “Freaky Friday” star insisted that this be welcomed as a fairer way to distribute royalties across the entertainment industry as well, as those are transferred directly to the artist.
She added, “With tokenization, the process is carried over to the blockchain in such a way that the artist automatically receives royalties every time art, music, film, etc. are used or shared. I think this is a great way to have one To build a bridge. ” the gap between consumer and artist. “
For those who get their hands on ‘Lullaby’ at FansForever, it’s Lindsay’s first new music since her 2020 single, ‘Back to Me’.
People like The Weeknd, Kings of Leon, Grimes, Charli XCX, and others are all jumping on the NFT bandwagon.