Cadillac Auctions NFTs To Benefit Save The Music Foundation

A Cadillac-commissioned NFT has been auctioned, with the proceeds to benefit the Save the Music Foundation.

As part of its Black Future campaign, the General Motors luxury division commissioned original NFTs by Nyla Hayes. The NFTs, created in the artist's “Long Neckie” style, represent Cadillac’s first entry into the Web3 space, which includes token-based marketplaces.

Cadillac commissioned two NFTs for the auction: Adira, the “gold edition” Long Neckie, an exclusive, one-of-one NFT, and Adira, the “silver 120 anniversary edition,” available to multiple purchasers. 

The gold edition NFT sold for 1.888 ETH, equivalent to more than $3,500 at the time of auction. The silver edition NFT, which commemorates Cadillac’s 120th anniversary, sold at .2 ETH with 75 purchasers, totaling approximately $20,000.



Adira is meant to represent a Black woman superhero, according to the artist. “She aligns with the Cadillac brand through her bold, confident, powerful, luxurious and electrifying stance,” Hayes says in a release.

Proceeds from the sales of the Black Future Long Neckie NFTs, combined with a $55,000 contribution from Cadillac, will be donated to the Save The Music Foundation's J. Dilla Music Tech grant program. 

This program teaches students electronic music creation, audio engineering, recording and production. Music and audio engineering skills can help prepare students for sound engineering roles within the auto industry.

The J. Dilla Music Tech program launched in Detroit with support from Cadillac in 2019. This $55,000 contribution will expand the program to an additional Detroit High School in 2023.

Next story loading loading..