FestivalPass NFTs to Offer $1200 Worth of Rewards Per Year

FestivalPass, a subscription service that offers its community discounted access to an array of live events and unique experiences, is expanding its services into the realm of NFTs through the launch of a ‘Festival Family Founder’ NFT collection.

The collection features 10,000 NFTs, however unlike traditional one-off mints, the assets will be dropped via ten 1,000 asset mints. The first drop will come with discounted prices in order to reward early supporters, where once sold out, the second drop will commence at a higher price point. Each drop will come with its own base artwork, with each being a unique depiction of a legendary live performer. With this in mind, the icon to feature in the first drop will be coveted rockstar ‘Legend’. 

Once purchased, a Festival Family Founder NFT unlocks $1,200 worth of credits on FestivalPass every year (to whoever holds the NFT). The credits can then be redeemed on the platform for over 80,000 live events, such as concerts, festivals, sports events, Broadway theatre shows, and more. They can also be redeemed for nights at over 60,000 global hotels.

Without redeeming any of their credits, holders will also gain access to quarterly bucket list events that have been curated by the FestivalPass team. These include attending intimate concerts of superstar artists, VIP seating and meet and greets at sports events, and unique culinary events with celebrity chefs. 

The first mint is set to take place at the start of August for allowlist members, however the exact price points and release dates of the remaining nine drops are still TBA. You can find out more about the collection, its array of utilities, and its roadmap here.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post FestivalPass NFTs to Offer $1200 Worth of Rewards Per Year appeared first on NFT Plazas.

Related Posts

Crypto-focused venture firm Dragonfly acquires hedge fund: Bloomberg

Amid the grueling bear market for Bitcoin, Ether and altcoins, the cryptocurrency industry is undergoing consolidation. Cryptocurrency venture firm Dragonfly has acquired a digital asset-focused investment fund…

Binance distances from WazirX as Indian regulators keep chasing crypto

The ownership of WazirX became a hot topic as CZ claimed the deal never went through, but three years later, there’s still no clarity. The Twitter exchange…

Saddle Finance Redefines Trading of Pegged Value Assets with Ease And Security

Are you ready to Saddle up? A decentralized finance platform architectured to facilitate efficient trade between pegged crypto assets is now one of the most prominent names…

How Revolut Will Launch New Crypto Platform, Cyprus Grants Authorization

Per a report from Atlfi, fintech company Revolut will be able to offer more crypto products to its customers. The one-stop app for “all things money” has…

Biggest Movers: SHIB Remains Near 3-Month High, Whilst LEO Hits 2-Week High 

Shiba inu remained close to a three-month high to start the week, after breaking out of a key resistance level over the weekend. The surge of the…

Bitcoin Dominance Rate (BTCD) Continues to Fall as Ethereum (ETH) Increases

The Bitcoin dominance rate (BTCD) has broken down from its long-term bullish structure, while the ETH/BTC chart shows potential for upside. Between May and Dec 2021, BTCD…

Generated by Feedzy