[June 23, 2022]

Elton John's Jadu NFT Hoverboard Sells for Record Amount

Jadu:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220623006023/en/

(Photo: Business Wire)

What: After a 48-hour-auction amid NFT.NYC, a one-of-a-knd Rocket Man Jadu Hoverboard was sold to Sebastien B. for $80K / 75 ETH, with all sales benefitting the Elton John AIDS Foundation (EJAF).

Where: Jadu Founder & CEO Asad J. Malik publicly announced the sale at 8pm ET last night during a roller disco event in Central Park right before a surprise performance by British singer and rapper MIA.

Why: This sale marks global music legend Elton John's entrance into Web3 and the most expensive sale in Jadu's popular collection of NFT hoverboards.

Who: Jadu is an AR game-world experience built around virtual items owned by its community of players. Jadu is developing an AR mobile app, emerging from beta in summer 2022, that connects to players' Ethereum wallets, letting them turn their 3D animated NFTs into playable avatars.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220623006023/en/

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