Odaily Planet Daily News: After the collapse of FTX, the NFTs created by the Coachella Music Festival as lifetime passes do not seem to be able to be used normally. Previously, Coachella sold 10 lifetime passes in the form of NFTs for a total of 1.5 million US dollars. In February of this year, Coachella announced a partnership with FTX to mint NFTs, and now FTX has filed for bankruptcy. FTX NFT users said they could not withdraw their assets from the platform. In some cases, even those who transferred their NFTs to external self-hosted wallets can no longer see their NFTs, apparently due to FTX server problems. The administrator of the Coachella Discord server wrote on Friday, "We currently have no communication channels with the FTX team. We have formed an internal team to propose solutions based on the tools we can use. Our first priority is to get Coachella NFTs out of FTX, which currently appears to be disabled." Sam Schoonover, head of innovation at Coachella, responded, "We are actively working on solutions and believe we can protect the interests of Coachella NFT holders." (Decrypt)