Crypto startup MoonPay on Wednesday announced that it has raised $87 million from more than 60 high-profile investors including singer Justin Bieber, rapper Snoop Dogg, tennis player Maria Sharapova and actor Bruce Willis as the role of non-fungible tokens
"NFTs and Web3 technology will revolutionize the business of entertainment," said Michael Ovitz, co-founder at CAA, and former President at The Walt Disney Company.
It is worth noting that NFT is a type of crypto asset that uses blockchain technology to record who owns a digital file, which could be an image, a video or a text.