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Kings of Leon Bag $1.4 Million in Ethereum NFT Auction

Nashville rock group Kings of Leon just made a seven-figure sum from their first NFT collection. 
Kings of Leon Minting NFTs
Kings of Leon has raised $1.4 million from a landmark NFT auction. 
The collection, titled “NFT Yourself” and released in partnership with crypto startup Yellowheart, went on sale to celebrate the release of Kings of Leon’s new “When You See Yourself” LP over the weekend. It was the first drop of its kind for a band. Sales amounted to 766.4 ETH, which comes to roughly $1.4 million at today’s prices. 
The drop featured tokenized versions of the album featuring a limited edition vinyl release and exclusive digital artwork. Unsold editions were burned at the end of the sale, adding to the scarcity of each token. Various other digital artworks were sold, as well as a handful of “golden ticket” experiences.
The golden tickets included a lifetime pass for the band’s concerts, guaranteeing four front row tickets and VIP treatment on every tour. 
By far the most expensive NFT in the collection was “Golden Ticket: Bandit #2 Wave,” which included audio excerpts of “When You See Yourself” and the lead single “The Bandit.” It sold for 89 ETH.
Interestingly, the reserve price for at least one of the golden tickets was as high as 50 ETH, about $90,000. Two of the tickets only received bids of 49 ETH and 6.6 ETH. 
The auction ran on OpenSea from Friday through Monday, and YellowHeart handled the listings. It was originally scheduled to end Sunday, though the deadline was …
Story continues on Crypto Briefing

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