memorabilia as NFTs
or non-fungible tokens
John Lennon's son is
selling them at auction
JOHN LENNON'S SON, JULIAN LENNON, SAYING:- ON WHY HE'S DOING THE AUCTION WITH NFTS
"A few people have said 'Well, would you ever consider actually selling this stuff?' And I'm going 'No', this is, this is really, really personal and I think this is a way of sharing the stuff in a unique way."
Bidders win a digital file called
an "audio/visual collectible"
It includes images of guitars
and handwritten notes
JOHN LENNON'S SON, JULIAN LENNON, SAYING:- ON HOW THE AUCTION WORKS
"The only thing that can ever be done with it is it can be resold. That's it but the one thing I like about this situation is the transparency involved. You know, who, what, when, where and how and I think moving forwards in some respects that's a good thing to know."
Payment is made in cryptocurrencies,
like bitcoin, ether and dogecoin