Katy Perry has announced the creation of a non-fungible token (NFT) collection and the acquisition of a minority share in Theta Labs. Perry's partnership with Theta Network entails the sale of digital memorabilia based on her "Play" engagement in Las Vegas. According to ThetaDrop, genuine sales of the NFTs would likely commence in Q4 of this year. Perry's financial involvement in Theta Labs, on the other hand, implies that the musician is interested in future blockchain initiatives.