A Doja Cat NFT sold for $188,000 on the OneOf NFT marketplace. The single-edition Crystal Token has brought in a higher price than the recent Jay-Z NFT sale at Sotheby’s, which only managed a ‘meagre’ $138,000.
The Doja Cat NFT sold includes two all-inclusive fly-away experiences for fans, which can be redeemed against any of her forthcoming shows.
That’s not the only reason the transaction has turned heads, though. The purchase now ranks as the highest price ever paid for a token on the Tezos blockchain. As regular readers will know, the network prides itself on its environmental credentials, something that OneOf also believes in. The marketplace, designed for the music industry, also touts its green credentials. Seemingly, this was an important point for releasing Doja Cat’s NFTs.
What is Tezos?
Tezos is a green blockchain and rapidly rising competitor to the dominant Ethereum platform. Ethereum being the mainstream blockchain for NFTs. However, increasing congestion has led to high transaction fees and slow settling times make alternative look more desirable. Comparatively, Tezos offers a far more efficient solution which, crucially, has a far lower environmental impact. Aware of this, The Doja Cat NFTs use the OneOf Marketplace, and therefore the Tezos Blockchain.
We Know the Doja Cat NFT Sold, But Who is Doja Cat?
Doja Cat is the stage name of Amala Ratna Zandile Dlamini. An American rapper, singer and songwriter, her hit singles include ‘Kiss Me More’ featuring SZA, ‘Need to Know’, and ‘Say So’. She began releasing music at the age of 17, and her second album, ‘Hot Pink’, reached #10 in the Billboard 200 charts. She’s also something of a social media sensation, known for producing music videos that go viral on platforms like TikTok.
To date, Doja Cat amassed two American Music Awards, three MTV Video Music Awards, and three Grammy Award nominations. Doja Cat is not the NFT music artist lately. Actually, Kings of Leon just became the first band to send a non-fungible token to space. Meanwhile, other stars including dance producer deadmau5, Japanese pop-metal outfit Babymetal, and rapper Snoop Dogg also reportedly love NFTs.