KICK PUSH with a splash of tartness on one guy’s hopes to sell a non-fungible token! Stevie Nicks has reportedly blocked TikToker Nathan “Doggface” Apodaca, from using one of Fleetwood Mac’s iconic hit songs, “Dreams” in the viral video clip of him now being sold as a non-fungible token (NFT). (Not sure what the heck a NFT is? Skip to the bottom paragraph to find out!) Doggface, or as he is now known by his TikTok moniker, Doggface208, rose to fame in a TikTok video where he is skateboarding leisurely while drinking a 64 oz. bottle of Ocean Spray cranberry juice, and the Fleetwood Mac song plays in the background. Since the posting of the video, Doggface has become an overnight sensation.
However, Doggface’s attempt to profit from the NFT sale with a starting bid of $500,000.00 USD has been blocked by Stevie Nicks, the writer and performer of “Dreams.” Doggface’s legal team allegedly offered Nicks 50% of the sale but she has turned down this deal. This is surprising considering Fleetwood Mac’s streams of the hit song have nearly tripled since Doggface’s video became viral. However, without Nicks’ permission, Doggface cannot include “Dreams” in his sale of the NFT because Fleetwood Mac owns the copyright to the song and must give permission to Doggface to use the song and to profit from the NFT featuring the song.
If you’re ready to become the coolest person in your friend group, folks with enough cash can scoot in on this auction by placing a bid on Rarible.com.
Non-fungible tokens (NFTs) have become the hottest unique digital asset to own, as each NFT has the creator’s signature, which authenticates the work as an original. NFTs represent digital files such as art, audio, videos, items in the video games and other forms of creative work. NFTs are created by artists, musicians, related to content such as the memeworthy Nyan Cat gif to Pokémon cards to the screenshot of Twitter founder Jack Dorsey’s first Tweet. NFTs are similar to cryptocurrency like Bitcoin because they “live” on blockchain networks, a decentralized, distributed ledger that records transactions of digital assets. NFTs have become a favorite of Elon Musk and even famed auction house Christies has jumped in and sold an NFT for $69 million! The problems arise when considering that owning an NFT does not automatically grant one the ownership of the original work, rather, it operates like a digital receipt.
Article by Carissa Chow
