Elton John auctioning off "Rocket Man" hoverboard NFT for his AIDS Foundation

Elton John is the latest legend to get in on the NFT craze for charity.

NFTs, or non-fungible tokens, are unique pieces of digital artwork that many artists have been either creating themselves, or commissioning, and then selling to fans. Elton has teamed with LGBTQ+ artist Voxel Bunny to create an NFT that's a digital animation.

Set to Elton's hit "Rocket Man," it features a robot-like figure sailing through the galaxy on a hoverboard, which is designed to look like the pinball machine Elton played in the "Pinball Wizard" sequence in the 1975 movie Tommy. 

The starting bid on the NFT is $5,000 with all proceeds going to the Elton John AIDS Foundation, and you have until June 22 at 6 p.m. ET to bid.