A virtual version of the handwritten notes for the song “Hey Jude” has been sold at auction in California for almost $77,000, the latest hammer price success for NFTs.
Originally entitled “Hey Jules”, the Fab Four’s hit was written in 1968 by Paul McCartney to comfort a young Julian Lennon during father John’s separation from his mother, Cynthia.
The NFT version of the notes was presented as an animation in which the words are progressively inscribed on the page and was accompanied by an audio commentary from Julian Lennon.
The sale, by Julien’s Auctions, also included an NFT of the Afghan coat worn by his father on the set of “Magical Mystery Tour,” which fetched $22,400.
Meanwhile, an NFT of the black cape John Lennon wore in the movie Help sold for nearly £10,000.
NFTs are "one-of-a-kind" assets in the digital world that can be bought and sold like any other property, but which have no tangible, physical form of their own.
The digital tokens can be thought of as certificates of ownership for virtual or physical assets.
Part of the proceeds from the NFT digital auction in Los Angeles will go to Julian Lennon's White Feather Foundation which he set up in 2007 for indigenous, environmental, humanitarian and clean water projects.
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