Freddie Mercury NFTs to Raise Funds for an AIDS Charity

Four non-fungible tokens (NFTs) artworks inspired by Freddie Mercury will be available for sale starting from today (September 20th) on SuperRare. The collectibles would mark the 75th birthday of the singer as the raised funds would support an AIDS charity.

‘Never Make Me Boring’

The NFT-dedicated platform SuperRare will host an exclusive non-fungible token collection of the iconic musician – Freddie Mercury – as a way to celebrate his 75th birthday that was supposed to be earlier this month. The digital artworks would depict the singer’s career and unique personality.

The auction will sell the NFTs for 75 hours starting today (September 20th). Proceeds from the initiative would go to the Mercury Phoenix Trust (MPT) – a charity organization that fights HIV/AIDS worldwide. Its founders are three other Queens members – Brian May, Roger Taylor, and Jim Beach. They set up the MPT in memory of Freddie Mercury, who died from the disease in 1991.

The UK-based creative agency – Six Agency – is the company to operate with the NFT collection. Its co-founder – Georgio Constantinou – commented:

“Six was honored to curate an incredible collection of artists to celebrate the life and impact of Freddie Mercury. After meeting with the Mercury Phoenix Trust, we knew that if Freddie were alive today, he would be excited about the creative potential of the NFT space.”

The MPT reminded what the legendary singer said a few days before his death:

“Freddie Mercury left a very simple creative brief to the world on his passing. ‘You can do whatever you want with my work, just never make me boring.’”

Keeping that in mind, non-fungible tokens of his fascinating career and persona seem like one way to fulfill his final will.

Freddie Mercury, Source: Britannica

Is The NFT Craze Still Booming?

Non-fungible tokens have been a hot topic throughout the whole of 2021. Many singers such as Eminem, sportsmen – Tom Brady, actors – Lindsay Lohan, and other celebrities jumped on the trend and launched their own collections.

Logical to what was happening in the space, the NFT trading volumes reached all-time high records in August, exceeding $500 million for a single day at the end of the month. Speaking of the impressive peak, it is worth noting that OpenSea – a leading non-fungible token peer-to-peer marketplace – marked a massive milestone, as its trading volume hit the $1 billion mark.

Despite all the efforts in the industry, though, investors’ appetite for trading non-fungible tokens seems to have significantly decreased after the record-breaking August. As a comparison, the NFT trading volumes in the middle of September struggled under $100 million on a daily basis.

Featured Image Courtesy of ABC