Whitney Houston has been mourned since her passing on February 11, 2012. Since then, her music brought comfort and joy to fans around the world. New music from the famed singer would become rarer as more recordings were released posthumously.
The true value of those precious Houston recordings was evident recently. On December 14, 2021, an unreleased recording by Houston sold as an NFT. It brought in an astonishingly large sum of money. The NFT went for $999,999, according to Music Business Worldwide.
Primary Wave Music and the estate of Whitney Houston first discovered the track. The NFT was auctioned off on Quincy Jones’ OneOF NFT platform. The full collection of NFTs has brought in $1.1 million so far. Other NFTs include rare photos and videos of the singer.
The winner of the pricey auction gets the rights to the recording in their secure OneOf Vault. They will also receive a digital video created by artist Diana Sinclair. Proceeds from the sale benefit Whitney Houston’s non-profit organization, the Whitney E. Houston Foundation.
Fans who can’t afford a million dollars can still get in on the action. The auction contains fixed-price digital collectibles including archival photos from Houston’s early career and life. Some of those items are going for less than $30.
The remarkable musical legacy of Whitney Houston lives on in the digital age. It’s unknown if the winning bidder plans to share the goods. A million dollars is a lot of money to own something with exclusivity only to hand it out for free. That decision will be up to the new owner of the recording.
Would you buy a Whitney Houston NFT? Share your thoughts in the comments!