Economy

Mônica Bergamo: Gilberto Gil will launch his first NFT during the celebration of 80 years

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Singer Gilberto Gil prepares to launch his first NFT (non-fungible token). The product is a crypto asset and works like a certificate of ownership linked to a digital product — a meme, for example. In the physical world, it would be equivalent to the deed of a house.

The digital asset opens the “Gil Futurível” collection, inspired by the singer’s 1969 track, and was made from a 3D scan of the Bahian’s body. The end result reproduces his bust, specifically.

The initiative is part of NFT.Rio, an international event on the subject that will take place at Parque Lage, in Rio de Janeiro, between June 30th and July 3rd. The work will go public on Sunday (26), when Gilberto Gil celebrates his 80th birthday.

Only 50 copies of the NFT will be made available for sale, while another 150 will be donated to members of a network that sponsors the event.

The sale value of the work will be defined by the 150 people who will be awarded free of charge. They must follow supply and demand parameters to reach a competitive market price.

with BIANKA VIEIRA, KARINA MATIAS and MANOELLA SMITH

Gilberto GilleafmpbNFTsong

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