Imagine no possessions: Beatles memorabilia (virtually) up for auction

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LONDON : John Lennon's son Julian is auctioning off pieces of memorabilia relating to the Beatles, including three guitars given to him by his father and handwritten notes about the 1968 song 'Hey Jude' - but not physically. Instead, the auction is a sale of non-fungible tokens (NFTs), a type of digital a

LONDON : John Lennon's son Julian is auctioning off pieces of memorabilia relating to the Beatles, including three guitars given to him by his father and handwritten notes about the 1968 song 'Hey Jude' - but not physically.

"Through this NFT collection, I'm able to grant exclusive access to special items that I cherish and carry on the legacy of my father in a new way." Such sales have nevertheless exploded in popularity, with NFT artworks selling for millions of dollars. Surging interest in crypto assets has led traditional auction houses such as Christie's into NFT sales. The Lennon auction is run by Julien's Auctions and YellowHeart NFT and closes on Feb. 7.

 

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