CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Join now for $19/month Explore all benefits Spend with the Visa Card and get up to 8% back Buy Bitcoin and 80+ cryptos with 0% feesĬommitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. On-chain analysis Price snapshots More context 2 min readĪccess more crypto insights and context in every article as a paid member of CryptoSlate Edge. OPUL saw its value spike by over 1000% within a month from a low of less than $ 1 to as high as over $7. Music-related NFT project Opulous rises by over 500% in 24 hours The musician's latest music project will be published in the form of Tezos-based NFTs. Linkin Park frontman Mike Shinoda to launch music NFTs on Tezos Imagine owning a fraction of your favorite song as an NFT, or attending a concert in the metaverse. Recent music Stories Will the future of the music industry be NFTs and metaverse concerts? Posted In: Metaverse, NFTs CryptoSlate Newsletterįeaturing a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more. It would not be a surprise if in the future music concerts or festivals like Coachella, issued their tickets as NFTs. The adoption of NFTs in the music industry is growing faster every day, from NFT music platforms to metaverse festivals. Roblox, through a partnership with Insomniac, hosted the Insomniac World Party, which brought the Electric Daisy Carnival to the metaverse, shown in the picture below, including artists like Kaskade, Zedd, Kygo, Alan Walker and many more, according to Roblox´s website. Decentraland hosted its first Metaverse Festival including performances by top DJs/producers such as Deadmau5 and 3LAU. Last October we saw the first two festivals hosted on a metaverse. The traditional way of going to a concert or to a festival is changing. Other known blockchain-based music platforms like Opulous and Audius, which have also been growing over the past months. Royal’s first NFT drop was called “Worst Case”, which gave 50% of the ownership to its fans through 333 tokens, launched last October. Its latest release song is called “WAVEFORM”, which gives its owner 100% of the rights and it is open for bidding right now until December 7 at 6:05 pm CET, according to Royal`s official OpenSea account. Democratizing access to asset classes is a huge part of crypto’s future.” “A true fan might want to own something way earlier than a speculator would even get wind of it. Royal is an NFT music platform founded by Justin Blau, AKA 3LAU, and JD Ross, the co-founder of Opendoor, where artists give their fans direct ownership of their songs and the possibility of receiving royalties, so if the artist succeeds, the fan also succeeds, it’s an equal distribution of benefits, according to Royal’s website.Įlectronic DJ and founder Justin Blau said:
#ORIGINAL 5.1 TAMIL SONGS SERIES#
Two weeks ago, artist-investment platform Royal closed a $55 million Series A funding led by a16z, which also included venture capital Coinbase Ventures, and artists like The Chainsmokers, Kygo, and Disclosure, according to Royal official Twitter. The NFT music Royal platform is getting a lot of attention
What if artists could benefit directly from their fans? Will record labels and streaming services exist in the future? According to The New York Times, music artists complained about the payment systems in streaming services like Spotify and Apple Music.
Ricardo Rivas Info Twitter LinkedInShare this article Tweet Post Share Post Email
0 kommentar(er)
