TikTok user Nathan ‘Doggface’ Apodaca will auction off his viral ‘Fleetwood Mac’ video as an NFT on Friday.
The 23-second TikTok video features Apodaca riding on his longboard drinking Ocean Spray while Fleetwood Mac’s “Dreams” plays.
When it was first posted, the video quickly gained views and popularity, gaining 600,000 shares on TikTok alone. Mick Fleetwood even made his own version of the video after seeing it online.
Apodaca has partnered with WEBB Blockchain Media/Crypto Cake TV to sell the NFT and is planning to start the bid at $500,000, according to TMZ.
There are a few key differences between the viral video and NFT, however.
As Apodaca doesn’t own the Fleetwood Mac song’s rights or labeling for Ocean Spray, the NFT will only have the original audio of him skating, and the bottle’s label blurred out.
As a result, this means that whoever buys the token is essentially purchasing the raw footage.
In the TMZ report, Apodaca says he’s going to use the money he raises from the sale to buy his parents a house and set up an event space in his hometown.
Popular NFT Sales Bring in High Bids
While half a million dollars might seem like a lot for a video clip, NFT sales have been seeing incredible numbers since the beginning of the year.
In addition, new avenues for NFTs. While the majority are digital artworks, others include exclusive music pieces, whole albums or even live concerts.
Recently, pop artist Queen George announced the concert will be exclusively for her NFT holders. This is the first time live concert tickets have ever been sold as tokens.
Even infamous celebrities are finding buyers. Ja Rule, the rapper and promoter of the Fyre Festival, is turning his failure into profit, for instance.
He is selling an oil painting he completed, which features a flame with the word “fyre” over it. It already has a valuation of $600,000.