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Katy Perry to Launch NFT Collection “The Witness Dice” Following Sold-Out First Drop

Katy_Perry_to_Launch_NFT_Collection__The_Witness_Dice__Following

Following the success of her first NFT collection in December of last year, Katy Perry, the global pop phenomenon, is releasing a second collection of NFTs today on Theta Network to commemorate her 2017-2018 Witness Tour. The drop will take place on Friday, March 4th at 1 p.m. PST.

“The Roar Package” sold out in a record-breaking 95 minutes on ThetaDrop, Theta Network’s low-cost and green NFT marketplace, making it one of the most successful NFT drops ever. The collection earned $1.2 million in primary sales and $860 thousand in secondary sales from over 6500 unique buyers. Katy Perry will release additional NFTs throughout 2022.

As previously stated, “The Witness Dice Collection” will be more than just digital art collectibles; these Theta NFTs will bridge the physical and digital worlds to allow fans to own an iconic piece of Katy Perry history: the two massive golden dice on which she performed her song “Roulette” during her Witness Tour. Like the “Golden Lion” stage prop from her widely televised performance in 2015, these dice will be auctioned off as a one-of-a-kind NFT.

Katy Perry fans will be able to enjoy unique products and access to her nostalgia shop as part of the forthcoming collection.

Perry’s “Play” residency at the Resorts World Las Vegas hotel is being commemorated with both NFT collections. Perry’s staff just revealed that the residence would be extended due to overwhelming demand. From May 27 through June 11, 2022, including Memorial Day Weekend, and July 29 to August 13, 2022, new concert dates will be added.

“It’s no wonder that Katy Perry fans were so enthusiastic about our utility and reward-based NFTs,” says Mitch Liu, co-founder, and CEO of Theta Labs. “At Theta NFTs, we believe in providing unique and practical advantages to fans and collectors, and our cooperation with Katy – one of the world’s most popular and innovative musicians – was no exception. We’re excited to imagine new methods to link Katy Perry fans to the metaverse and the intriguing world of NFTs in 2022.”

ThetaDrop, Theta Network’s NFT marketplace, is powered by the Theta protocol and a native blockchain that is distinct from other NFT platforms in that it was designed specifically for media and entertainment. On the Theta Network, the cost of minting NFTs and gas costs are much cheaper, and transaction speeds are 100x quicker than on Ethereum. More crucially, the Theta protocol is based on a proof-of-stake (POS) architecture, which means it utilizes a fraction of the power and resources of other options, making it greener and more ecologically friendly.

Theta’s distributed network of more than 100,000 worldwide community-run edge nodes has continued to develop rapidly since the introduction of the Theta Mainnet 3.0 protocol update last year. Theta edge nodes will provide decentralized NFT storage in the future, allowing users to properly own and control their NFTs without relying on a centralized platform. Cross-chain bridges between the Theta Network, Ethereum, and other blockchains will allow for frictionless NFT movement across markets, including Ethereum-based Opensea, Nifty Gateway, and others.

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THETA LABS INTRODUCTION

Theta Labs created THETA.tv, a prominent decentralized live streaming network, as well as Theta Network, the next generation video, and entertainment blockchain. End-users are compensated for sharing their bandwidth to relay video on any PC, mobile, Smart TV, or IoT device, and theta infrastructure lets current video platforms create new profits and minimize content delivery CDN costs. ThetaDrop NFT marketplace was recently developed in collaboration with the World Poker Tour and Katy Perry, to disrupt the digital collectibles business.

Global behemoths like Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, and DHVC, as well as gumi, serve as the corporate validator and governing council for Theta. Theta seeded its peer-to-peer video network with premium content partnerships with Lionsgate, MGM Studios, and NASA, among others, leveraging its millions of THETA.tv viewers. CONtv Anime, the World Poker Tour, Cinedigm, Samsung VR, GameTalkTalk, MovieBloc, Ultra, and GFUEL, among others, have joined with the Theta infrastructure. Among the key corporate investors are Samsung NEXT, Sony Innovation Fund, BDMI Bertelsmann Digital Media Investments, Creative Artists Agency (CAA), and Silicon Valley venture capital firms DCM and Sierra Ventures. Additional information is available at www.thetalabs.org.

ABOUT KATY PERRY

Katy Perry has accumulated 50 billion streams, 48 million adjusted albums, and 135 million singles sold worldwide. “Never Really Over,” off Katy Perry’s new album SMILE, went PLATINUM and was her most streamed song ever. It has sold over 1.25 million adjusted albums and has had over 2 billion streams. Achieving this feat with her 2013 and 2014 videos “Roar” and “Dark Horse” makes Katy Perry the first female artist to accomplish it. Katy Perry’s 2015 Super Bowl performance had the greatest ratings ever. She is the first Capitol Records artist to join the RIAA’s elite 100 Million Certified Songs club.

Katy Perry, one of the world’s best-selling musicians, is also a committed philanthropist. UNICEF Goodwill Ambassador Katy Perry has used her position to advocate for children’s health, education, equality, and protection. And in 2018, she was honored with the AmfAR Award of Courage, and in 2021, she will be honored with Variety’s Power of Women Award.

About Nicolle

She is an Indian Freelance writer. She loves thinking, learning, and writing about all things Web3.

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