Coachella Demonstrates Power Of NFTs with New OpenSea Partnership

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Juliana Bernstein

The NFT sector has not found the glory of its 2022 heyday back. But, that hasn’t stopped the evolution of the tech. OpenSea has partnered with the music and arts festival Coachella to unleash three NFT collections. They offer both virtual and tangible real-life VIP experiences and merchandise. The partnership will eventually produce three collections offering different benefits and levels of exclusivity. The starter is the VIP Pass + Oasis Lounge Keepsake, which released on Tuesday at $1,499 each, capped at 1,000 NFTs. This tier involves access to a 2024 VIP Festival Pass and its new lounge with…