TikTok lets top creators sell trending videos as NFTs
TikTok has dipped its toes in the rapidly growing non-fungible token (NFT) scene with the release of a creator-led collection of digital assets inspired by trending videos.
TikTok has entered the world of NFTs
TikTok Top Moments offers custom content from platform favorites such as Lil Nas X, Bella Poarch, Brittany Broski and Curtis Roach, each of whom will offer fans the chance to show their appreciation for culturally important TikTok events by purchasing a file for posterity.
Each unique or limited-edition NFT will celebrate the cultural impact made by their chosen creator. Produced in partnership with NFT creators including COIN ARTIST, x0r, RTFKT and Grimes, the scheme provides a new avenue for content creators to be recognized and rewarded for their work, with all proceeds going directly to the creators and NFT artists involved.
Nick Tran, global head of marketing at TikTok, said: “The creation that happens on TikTok helps drive culture and starts trends beyond the platform. As the creator economy continues to grow, we’re continually looking for new and differentiated ways to support our creators. Now fans can own a moment on TikTok that helped shape the internet while supporting some of their favorite creators. We’re excited to see how our community and NFT communities engage with some of the internet’s most beloved cultural milestones.”
TikTok’s NFT foray comes as marketers continue to display hesitancy in fully embracing the platform for their advertising.
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