NFTs have exploded in recognition over the previous few years. Final yr, the worldwide NFT market measurement was already at US$4.36 billion, and that is anticipated to achieve US$19.57 by 2028.
In style NFT collection just like the Bored Ape Yacht Membership (BAYC), which have been as soon as the protect of crypto fanatics, are actually owned by celebrities comparable to Justin Bieber, Snoop Dogg, Madonna, Neymar, and Steve Aoki.
The NFT hype has already reached Singapore — outstanding celebrities like native rapper Yung Raja are already identified collectors of NFTs, and there have even been disputes over NFTs which have been settled by the Singapore Supreme Court docket.
With all the eye coming to NFTs, and the potential income that NFTs could make for his or her creators, it ought to come as no shock that many native celebrities have additionally launched their very own NFT collections as nicely. So who’re these celebrities, and what’s up for grabs?
1. JJ Lin
Most Singaporeans would affiliate JJ Lin together with his music. His rise to fame, in any case, has principally been as a result of his recognition as a singer and songwriter. Apart from the numerous albums that he’s launched, Lin additionally sung the Nationwide Day Theme Tune in 2015.
However Lin has additionally been energetic within the enterprise scene, opening his personal trend label, beginning an esports staff, and venturing into the F&B business. A number of months in the past, he joined Kiat Lim and Elroy Cheo because the third co-founder of ARC, Asia’s first app-based tokenised neighborhood, which additionally options an NFT membership.
Earlier in September this yr, Lin teamed up with GRAYCRAFT founder Kevin Wu to launch their very own NFT challenge, GC-SMG Mechs. In response to Lin, GC-SMG Mechs is “in regards to the inclusivity of the voices of our neighborhood of holders and followers”.
The gathering will function 8,888 avatars in complete, together with 24 base variants which might then be randomised to kind distinctive mixtures.
2. Dharni Ng
One other native musician that has jumped onboard the NFT prepare is Dharni Ng, a beatboxing champion and performer.
In 2021, Dharni, alongside together with his pal Kenneth, based Tezarekt, an organization initially meant to assist the beatboxing neighborhood and its artists.
As a part of this launch, Tezarekt additionally launched their very own NFT collectibles collection, and supplied unique perks for consumers. These embody merch, lodge stays, and reductions for occasions.
Generally known as the GBB Allstar NFT assortment, it allowed followers to personal digital buying and selling playing cards of their favorite beatboxers, in addition to combine and match completely different playing cards to create new ones. The challenge’s revenues can be cut up between the Beatboxer being featured, Swiss Beatbox, the cardboard designer, in addition to Tezarekt.
3. Edmund Chen
Former actor Edmund Chen has additionally jumped on board the NFT scene, when he auctioned off an NFT portray, titled ‘Spring – Cherish the Second’, for 15 Ether earlier this yr.
The portray was bought to native entrepreneur Queenie Yang, and was primarily based on an earlier piece of paintings that Edmund had completed, titled ‘Cherish the Second’.
The unique portray was used as a blueprint, and Edmund used one portion of the portray for the NFT. In response to Edmund, the NFT can be one in all 4 that can be primarily based on the unique portray, and every NFT portray can be named after a unique season.
“As soon as the 4 work are full, they are going to kind an extended portray which has a excessive assortment potential, and can be a uncommon set of NFTs.”
4. Mark Lee
Native movie veteran Mark Lee has additionally launched his personal set of NFTs earlier this yr, below the banner of his manufacturing firm, King Kong Media Productions.
The gathering, often called the Kong Collective, is hosted on the Ethereum blockchain, and options 444 distinctive collectibles, every with a mint value of 1.5 Ether.
Every NFT will operate as a lifetime cross to premium membership with the corporate, and can reportedly embody VIP tickets to concert events, film galas, meet and greet classes, and extra.
In response to Lee, the NFT assortment is an experiment with fan engagement, and the way the corporate can present worth for NFT homeowners.
King Kong Media Productions, for his or her half, manages artistes comparable to Henry Thia and Marcus Chin.
5. Tay Kexin
Native singer and performer Tay Kexin has additionally launched her personal assortment of NFTs, often called Occasion Time Kex. The gathering contains a complete of 60 NFTs on the Ethereum Blockchain.
The NFT assortment was created in Might, and launched in June, throughout MetaJam Asia 2022.
Nonetheless, not like most of the different NFTs which function static photographs, every of the Occasion Time Kex NFTs contains an audio section from one in all Tay’s songs, with an animated character dancing alongside.
There are a number of completely different variations of Kex accessible, together with Occasion Time Yogi Kex, Occasion Time Angel Kex, Occasion Time Disco Kex.
6. Titus Low
Digital creator and entrepreneur Titus Low has additionally launched his personal assortment of NFTs.
He gained fame via his profitable OnlyFans channel, and have become one of many prime creators on the platform earlier than he was ordered to cease accessing the platform by the police.
Regardless of being banned from accessing OnlyFans, Low nonetheless has entry to different types of social media, and in February this yr, he launched a set of 222 NFTs on the Ethereum Blockchain.
The NFTs inside Low’s assortment all function photographs of him, and infrequently embody well-liked phrases from the cryptocurrency neighborhood. The NFT titled Tituslow #91, for instance, options Titus standing beside his AMG Mercedes, with the caption ‘have enjoyable staying poor’, a phrase usually used to disparage cryptocurrency skeptics.
At the moment, greater than 100 completely different wallets personal not less than one NFT from Low’s assortment.
7. Irene Zhao
Irene Zhao initially made waves as a mannequin, however her forays into cryptocurrency have additionally turned her into one in all Singapore’s most well-known crypto influencers.
Earlier this yr, she launched her personal NFT assortment to huge success — the gathering recorded S$7.5 million in buying and selling quantity inside the first week.
These NFTs, much like Titus’ function photos of Irene with phrases generally discovered inside the cryptocurrency neighborhood.
The gathering, often called IreneDAO, comprises 1,106 distinctive NFTs, and really started as a telegram sticker pack. It was solely after a fan urged that she flip the sticker pack photographs into an NFT assortment that they have been minted and placed on the Ethereum blockchain.
To this point, her NFTs have been bought by different celebrities comparable to YouTuber Logan Paul, in addition to billionaire investor Mike Novogratz.
8. Shigga Shay
Pek Jin Shen, higher often called Shigga Shay, is a homegrown rapper most identified for his music, however he’s additionally launched maybe one in all most profitable NFT collections thus far.
His NFT assortment, referred to as SPACEBARS, launched in April this yr and bought out inside 4 minutes. The gathering itself options illustrations of Shigga Shay as an astronaut, and like Tay Kexin’s, every of them additionally has an audio section. This time, Shigga Shay recorded a 16-bar verse particularly for the NFT assortment.
The gathering totals 999 animated NFT playing cards, with 900 of those NFTs being widespread, 90 uncommon, and 9 extremely uncommon playing cards.
In an interview with Crypto.com NFT, Shigga Shay offered some perception into what he noticed as the way forward for the music and NFT industries.
“What’s fascinating for me is how NFTs and blockchain know-how are going to alter the music business. I’m so excited for the limitless prospects which might be going to occur with music within the NFT house.”
9. Shavonne Wong
Award-winning trend photographer Shavonne Wong has additionally launched her personal NFT assortment, and one in all these NFTs was really purchased by actor Idris Elba.
To this point, Wong has launched two completely different NFT collections. The primary, titled ‘By Proxy’, was a collaboration between Wong and her pal, Lenne Chai. It comprised a 60-piece 3D/images artwork challenge that bought out on Quantum Artwork in a minute.
The second challenge was a extra formidable 500 piece artwork challenge listed on Opensea, titled ‘Love is Love’, and the gathering additionally bought out inside an hour. It was this assortment that Idris Elba purchased his first ever NFTs from, when he bought three gadgets from this assortment.
10. Tammy Tay
Singaporean influencer Tammy Tay is has additionally launched her personal assortment of NFTs, often called the TTTreasuresDAO. Every NFT could be minted for 0.1 Eth, however not like influencers like Titus Low or Irene Zhao, TTTreasuresDAO NFTs is not going to function photographs of the influencer herself.
Explaining why, Tammy identified that many DAOs are simp DAOs which might be fronted by women who’ve “little to no information in regards to the NFT house”, and that as a 31-year-old, she felt that “there are plenty of contemporary faces on the market whom are much more attention-grabbing”.
For TTTreasuresDAO, Tammy hopes to construct a neighborhood for members who’re to study extra about cryptocurrencies, NFTs, and the metaverse.
For a rustic that’s usually criticised for not having a lot creative expertise, Singapore appears to have many budding NFT artists — and profitable ones at that.
The rise of NFT artists
Past merely pushing out NFTs for the sake of it, many Singaporeans have discovered a method to really make the NFTs imply one thing past the quantities of cash that they commerce for: Irene and Titus use their NFTs as a method to higher join with their followers, Shavonne and Dharni makes use of NFTs to advance causes that they imagine in, and Mark makes use of the NFTs as a method to offer utility and engagement for followers.
NFTs could also be touted as the way forward for the inventive business, nevertheless it takes effort and work to get there. And these Singaporeans are definitely exhibiting how NFTs can assist the inventive business, in their very own method.
Featured Picture Credit score: Titus Low, Irene Zhao, Smooth Journal