Katy Perry Announces First-ever NFT Drop on the THETA Network

Katy Perry, an American singer, and songwriter announced her first-ever NFT drop today. Dubbed “The Roar Package,” the drop features exclusive NFTs on the THETA network.

According to a tweet today, the NFTs will be available on December 15th at 1 PM PST.

Users can sign up on the official thetadrop website and pre-fund their wallets to get a better chance at winning some limited edition NFTs.

Pre-funding means users can add money to the account early, and if their place in line gets called, they will automatically receive the item. The limited-edition Katy Perry NFT is priced at a modest $100, with a total of 2,500 units available.

Users can pre-fund the account with $100 worth of USD or TFUEL. There are NFTs available for $100 and $25, so if you’re looking to get your foot in the door when it comes to buying/owning NFTs, this makes for a great option.

What Is THETA?

THETA describes itself as the next-generation video and entertainment blockchain. It includes an NFT marketplace and a fully open-source code available on Github.

THETA features impressive partners for its enterprise validator nodes, including Google, Sony, Samsung, Binance, Blockchain, and more.

According to THETA’s official website:

“The Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery that provides both technical and economic solutions”

THETA Price & Tokenomics

At writing, THETA is trading at $3.86, down 2.8% in the past 24 hours. Its market cap is $3.85 billion, with a 24-hour trading volume of $174 million.

You can purchase THETA on Binance, Huobi Global, KuCoin, Gate.io, Crypto.com, Bithumb, and more.

Closing Thoughts

Seeing major celebrities like Katy Perry partner with blockchain companies like THETA is a sign that cryptocurrency is on its way to becoming more and more mainstream.

As more high-profile influencers and companies join the crypto movement and as more users begin participating in the ecosystem, there’s no doubt that the global cryptocurrency market cap can easily double or even triple by the end of next year.

If you’re a fan of Katy Perry, spending $100 to have permanent ownership of Katy’s NFT isn’t unreasonable. Moreover, owning the NFTs could earn you VIP access or special privileges to some of Katy Perry’s future events.

The Katy Perry NFT drop could be a great investment option for those looking to flip the NFTs in the future, especially the limited-edition releases. However, keep in mind that no investment is foolproof, so be ready to take a risk.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

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