Katy Perry, who is known as the famous pop singer announced on Twitter about her collaboration with theta labs to release are own NFT(Non Fungible Token). Theta labs is a firm who specializes on decentralizing peer-to-peer video streaming using blockchain technology. The firm also has its native token known as Theta. Katy Perry also bought minority stake in the firm.
The sales of her NFTs will begin in the Q4 of the year. Her stake in the firm shows that she might be looking at long term vision with the firm.