Iconic musician Elton John has officially entered the world of NFTs. The beloved singer-songwriter is teaming up with Jadu, best known for their hoverboard NFTs, to auction a one-of-one hoverboard NFT based on his smash hit song Rocket Man. The NFT company Sweet is also a partner on the NFT auction.
All about Elton John XJadu Rocket: The centerpiece of the collaboration between Elton John and Jadu is of course the Rocket Man NFT hoverboard. The NFT is a special edition Jadu hoverboard designed by the artist Voxel Bunny. The hoverboard incorporates a number of touchstones from John’s long career. Jadu says that the Elton John hoverboard NFT will be the rarest in its 6,666-piece collection. Sweet, an NFT marketplace platform is hosting the auction Bidding began on Monday, June 20th, and will finish on June 22nd at 6 pm EST.
The auction started at $5,000 and the highest bid at the time of writing is $9,000.
Jadu is an NFT and Web3 company that first made waves for its NFT hover boards. And also the hoverboard collection currently sits at a floor price of 0.54 ETH on OpenSea, with 4.9K ETH in secondary volume. Since then, Jadu has also put out a collection of NFT jetpacks. Recently the company raised $36 million in a Series A funding round. In total, this means that Jadu has raised over $45 million to help develop its AR platform. In July 2022, Jadu will launch a collection of 11,111 Jadu AVAs. To be sure, the company has lofty ambitions for the collection.
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