DON DIABLO SELLS CONCERT FOR €1 MILLION WITH TOKENS

Don Diablo has recouped his suffered losses of recent times in one fell swoop. The DJ sold a digital concert for €1 million within four minutes. The one-hour film, called Destination Hexagonia, was sold as an NFT: a token.

Text: Larissa Schaule Jullens
Image: Don Diablo

Non-fungible token

NFT is a unique, digital "object" that is not exchangeable, or non-fungible token. Unlike Bitcoin, in other words. Through the auction site SuperRare, artist Don Diablo's concert was sold. The show was sold in no time. For several months, this market has grown tremendously. Twitter top man Jack Dorsey recently sold his first tweet and a digital artwork by Beeple sold for €60 million.

Only one Diablo

The still unknown buyer paid 600 Ether, a digital currency, for disc jockey Diablo's film. Converted, this is about €1 million euros. There is only one copy of Destination Hexagonia, and it comes in a special, handmade box. A hard drive, including a copy of the concert will be transferred to the buyer. Previously, Don Diablo sold a never-released song for over €150,000 euros.