Photo Credit: Andrew RuizThe sales of Coachella Lifetime Passes as NFTs saw at least two go for over $250,000 each.
The Coachella Valley Arts and Music Festival announced it would offer an NFT auction on February 1. The Coachella NFT collection included items like photos to be redeemed for physical prints and collectible posters. However, the Coachella Key Collection was its foray into unique NFTs. Each of the ten Coachella Keys include lifetime passes to Coachella for one weekend in April each year. Each key includes access to different amenities.
The Coachella NFTs Collection brought in $1,474,000 in sales collectively. The two most significant NFT sales were the Coachella Infinity Key and the Key to the Safari, which sold for $270,000 and $256,000 collectively. Here’s a peek at the unique perks that were on offer for the Coachella NFT auction in 2022.
Photo Credit: FTXCoachella Key #1 – The Infinity Key
Sold for $270,000
Perks:
- Two Guest Festival Passes
- Front of House Views of One Act for 2
- $500 in Food & Beverage Vouchers
- Private Transport for 4 people
- Meal in the Rose Garden for 2 people
- Free Access to Any Virtual Coachella Events
- Invites to Private Events
- Two Free Merchandise Items Per Year
Coachella Key #2 – Key to the Safari
Sold for $256,000
Perks:
- Two Guest Festival Passes
- Lifetime Safari Camping Accommodations for One Festival Weekend Each Year
- Free Access to Virtual Coachella Events
- Two Free Merchandise Items Per Year
- Invites to Private Events for Key Holders
Coachella Key #3 – Key to Coachella (Guest)
Sold for $121,000
Perks:
- Two Guest Festival Passes
- Free Acess to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
Coachella Key #4 – Key to Coachella (VIP)
Sold for $110,000
Perks:
- Two VIP Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
Coachella Key #5 – Key to the Secret Party
Sold for $111,000
Perks:
- Two Guest Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
- Private Two-Hour Party in Secret Festival Location ft. Surprise Host
Coachella Key #6 – Key to the Sahara
Sold for $115,000
Perks:
- Two Guest Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
- Go On-Stage in the Sahara Tent During One Performance for Two People
Coachella Key #7 – Key to the Coachella Stage
Sold for $125,000
Perks:
- Two Guest Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
- Front of the House Views of One Act at the Coachella Stage for 2 People
Coachella Key #8 – Key to the Producer Tour
Sold for $121,000
Perks:
- Two Guest Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
- One Hour-Long Tour of the Entire Festival Site with a Coachella Producer for Two People
Coachella Key #9 – Key to the Dinner in the Garden
Sold for $140,000
Perks:
- Two Guest Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
- A Meal in the Rose Garden Cooked by a Professional Chef for 4 People
- Two Additional VIP Festival Passes
Coachella Key #10 – Key to the VIP Compound
Sold for $105,000
Perks:
- Two Guest Festival Passes
- Free Access to Virtual Coachella Events
- Invites to Private Events for Key Holders
- Two Free Merchandise Items Per Year
- Fully Stocked Trailer in the VIP Compound During Weekend 2 for 10 People
- Eight Additional Guest Festival Passes for Weekend 2
Coachella Key owners must verify their ownership of the NFTs each year by April 1.
