Unreleased Whitney Houston track sells as an NFT for $1 million

An unreleased Whitney Houston track has been sold for $1 million (£723,000) at an NFT auction.

Earlier this month, OneOf revealed that the unreleased full-length demo recording will be auctioned off during its two-day immersive art, music, and NFT event during Miami Art Week.

In Billboard, Joshua James, OneOf co-founder, said: "Whitney is an icon for the ages. We couldn't be more excited to be releasing his historical song from the very beginning of her journey as an artist".

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In addition to having access to the unheard demo, the winning bidder will also get a digital movie made by 17-year-old artist Diana Sinclair including rare historical pictures of the vocalist.

OneOf, an NFT platform, are a music designed community with the aim to create environmentally sustainable artist and fan-friendly experiences.

“Being able to collaborate with her music and her family really transformed the way that I saw her in her music videos. I feel more connected to the person that she was. Some of the messages that I put across in my artwork as well, they’re very similar,” artist Diana Sinclair said in a video.

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Thousands of more fixed-price NFTs, including Gold and Platinum offers of rare historical pictures from Houston's early life and career built as animations to give them a digital scrapbook look, were sold elsewhere in the Whitney Houston NFT collection, bringing in $1.1 million (£830,000).

The Whitney E. Houston Foundation, which works to inspire, provide opportunities, and empower youngsters, will profit from the sale of the collection.

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[Via: NME]

Aneesa Ahmed is Mixmag's Digital Intern, follow her on Twitter