Arden Jones Parking Ticket NFT Initiative

famous musician Arden Jones plans to use NFTs to pay for parking tickets for fans. ‘Parallel parking’ superstars team up, an emerging music NFT platform, has launched his brand of digital collectibles based on hit singles. Proceeds will be used to pay for parking tickets for fans and strangers around Los Angeles.

Parallel Parking was the hit single that catapulted Jones to fame and landed him a contract with Atlantic Records. With more than 25 million plays on Spotify and Apple Music for him, Jones says a new initiative called the “Parallel Parking Fund” is a way to mark the song’s two-year anniversary.

In total, there are 100 NFTs based on this project, each worth 0.05 ETH, around $80 at the time of writing. All funds will go into the community wallet and be used to pay for as many parking tickets as possible with random selection. That said, fans can use her Twitter or Instagram to submit outstanding parking tickets to the project.

Why Arden Jones chose to let fans use NFTs to pay for parking tickets

Arden Jones said: “There is an unnecessary excess of parking tickets.” The feeling that “So many ‘no parking’ signs in Los Angeles are intentionally misleading and set up to make money. “

Parking fines in Los Angeles have skyrocketed over the past few years as city officials sought to boost revenue. Today the parking ticket will set you back about $65. So, based on the number of NFTs sold, at least 100 lucky fans will get paid for tickets by this initiative.

So far, only 18 Parallel Parking NFTs have been sold, raising about 0.9 ETH worth about $1,440. According to Cooper Turley, one of his NFT collectors, it’s an exciting initiative and one with strong ties to music fans and his Web3 community.

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Image credit: Arden Jones

*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.

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