Brian Armstrong, CEO of US crypto exchange Coinbase, has just announced on his Twitter account the launch of three music tracks in the form of non-fungible tokens (NFTs).
The Coinbase CEO, who claims that he became interested in electronic music during the COVID-19 lockdown and that DJ DAVI gave him free lessons, has said the profits from the sale of the NFTs will be transferred to the DJ.
According to Armstrong, the theme of one of the tracks is about building with technology and never giving up.
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As reported by Armstrong, the three NFT tracks will be offered for sale on the Zora marketplace, a Coinbase-backed company.
The announcement of the launch of these NFTs comes shortly after Coinbase released its latest earnings report, according to which the company's profits have increased significantly.