The blockchain technology has contributed a lot in creating a new source of cryptocurrency investment. It has helped a lot in creating a highly trendy type of investment that has taken place during 2021, which is none other than NFTs.Â
NFTs, the abbreviated form for non-fungible tokens are becoming a highly popular reason for investment. Do you want to know the reason for its high popularity among smart investors today? Here you go.Â
Following the news of their early-access Future Pass arriving on July 29th, innovative Ibiza-based music and arts platform OpenLab today announces a very special set of art x music collaborative NFTs.
There is a lot of excitement in the blockchain space these days about the potential for non-fungible tokens (NFTs) to transform many aspects of our lives â nftsprofit.de including international trade. These tokens, which are unique and individualized, hold promise on several different fronts. Understanding whether they represent the future of interplanetary trade helps to look first at what they are and how they work.
Award-winning, multi-platinum selling recording Australian artist Timmy Trumpet has teamed up with Psychedelics Anonymous to give away an NFT prize package worth over $100,000. The contest is free to enter, and one lucky winner (plus a friend) will receive an all-expense paid trip to Los Angeles where they will party with Timmy Trumpet backstage at this weekâs NFT LA and will also receive a rare piece of Psychedelics Anonymous digital collection.
To enter, pre-save Timmy Trumpetâs upcoming single âJust In Case.â A winner will be drawn at 5:30 EST on Thursday March 24.
Regarding the new partnership, Timmy says:
âThe art, voice and culture of Psychedelics Anonymous is incredibly powerful and unique. This brand is a global powerhouse in the making and Iâm excited to be a part of this amazing opportunity. This is by far the biggest giveaway Iâve ever been involved in and it can truly change someoneâs life!â
RCRDSHP claims to have paid artists over $600,000 since the venture began in August 2021. According to the first public payout figures, the platform has distributed $515,000 to music creators from primary collectible sales. RCRDSHP also reports that music creators have earned nearly $90,000 on the secondary market.
RCRDSHP Founder and CEO Obie Fernandez, said: âTo put this number [$600,000] into perspective, an artist would need about 125 million streams at the average payout rate on a streaming music service to reach half a million dollars in revenue.”
The former and popular peer-to-peer music sharing platform LimeWire is relaunching as an NFT marketplace after over a decade. Artists and fans will be able to create, buy and trade NFT collectibles on the platform. A federal court ordered LimeWire to shut down in 2010 after finding it had intentionally caused a massive scale of copyright infringement.
Two Guys Plus Machines performs spontaneous, improvised, and unrepeatable live act sets. The brothers’ sound is defined by a combination of 90s vibes and Latin percussion, and they achieve this sound by using a small setup of machines and controllers that allows them to create songs from scratch while performing live. All of the duo’s productions and performances take listeners on a sonic arch across genres like breakbeat, acid, house, and techno.
The live techno act is made up of brothers Esteban and Santiago SaÌez. The project was born as a result of the interest that these two brothers have acquired in technology, machines, and how they can enhance creativity and imagination in human beings. The duo is releasing their latest track “Two Brothers & a Dog called Pipa” as an NFT on March 11th and talk to 6AM about their style, workflow, creative process, and touch a bit on the world of NFT’s.
How would you describe your style of music/sound?
We would say that our style aims to go beyond electronic music subgenres. We like to combine 90ÂŽold school vibes with Latin percussion and mix them with modern techniques. At the studio, we have developed a taste for good old sampling, just like 90’s hip hop style but also focus on sound design, especially on bass lines and drums.
Is there a workflow you follow when it comes to your productions? Whatâs your creative process like?
Yes! We like to divide our creative process into stages. At first, we record and test the elements of the song and combine them all. Second, we make the arrangement part, and in another session, we mix the track. We believe that every track is unique and has its purpose, so we rather go step by step than do a whole track in just one sitting. In this way, we can get more conscious about our emotions and how we express them through our creative process.
Whatâs your favorite thing about being an artist? Whatâs the hardest part?
For us, our favorite part of being an artist is the joy and happiness that it gives to us. Every time we jam or do a song is like meditating, it gives us so much positive energy! Also, we like the entrepreneur side on how to manage a project.
The hardest part would be the huge amount of stuff that you have to do as a modern artist. It is not just about making music, but also working in PR, marketing, business strategies, and acquiring new knowledge- plus all the things we do in a normal day in our lives.
How do you come up with track names? What inspired the name for âTwo Brothers and A Dog Called Pipa?â
It is a fun process, we call it the âsix-second challengeâ as the names need to be attractive and get attention quickly but still express the emotions of the track. For this one, our main inspiration is our 8-year-old Bernese Mountain Dog called Pipa, she has been our loyal companion for these years and has taught us how to love unconditionally, so the name of the track summarizes this journey with her … and is also a funny name!
Courtesy Two Guys Plus Machines PR
Youâre releasing the track as an NFT on March 11th, why did you choose to do this and is this your first time going into the NFT world?
Yes, it is our first time going into the NFT world and we are doing it with the help of Atlanticusmusic.com, a web3.0 platform that allows to buy and resell exclusive and unreleased music from artists of all genres as NFT. The main reason for doing it in this way is to understand how technology can create value in music by digitizing ownership rights. Itâs a little experiment to grab objective data and learn about this world which sooner than later would be part of our daily lives (as NFTâs can represent more than art, there are use cases in many other industries like real state our consultancy services)
It is also an opportunity to make new friends and build a community around art, music, and technology. We did a few weeks ago with other local brands (THC, Origen Magenta, Raw Quarters, and Massive)Â an electronic music party plus an NFTs gallery to create a different clubbing experience.
Anything else youâd like to add?
New technologies represent new ways of engaging with our community, we believe that as electronic music artists, we must develop curiosity and seek to continuously innovate in our music and our brand. It is not just about relying on technologies, but also how we use them to create knowledge and share it with the world.
Celebrated NFT producer Hipworth launches DJEnerate NFT, a collection of 10,000 unique NFTs from the electronic music world. Carl Cox, Sven Vath, Jamie Jones, Joseph Capriati and Ricardo Villalobos are among over 30 superstar DJs featured. The launch ushers in a new era of collectible NFTs with a platform powered by a group of industry experts from the NFT world together with music industry professionals. Both groups are joining forces to develop a framework that encompasses community and music in a way that has never been explored using NFTs.
Imagine you are trying to buy tickets to a sold-out show. Your only option is to buy on the secondary market. You bought the ticket for three times the face value and there are no guarantees the ticket you bought is actually a valid ticket. It’s now the night of the show and you get to the door, and your ticket doesn’t scan. This type of fraud (ticket scams) is the worst feeling for any music fan. You cannot get into the show, and even worse, you cannot get your money back from the scammer because they have disappeared. How does the music industry combat fraud at this point? The answer may actually come in the form of blockchain ticketing.
Bitcoin is a digitalized currency and speculative virtual asset at the very same time. The cryptocurrency has attained a gigantic user base in just a nominal time; the acceptability of bitcoin is spreading like a forest fire. Every multinational company and celebrity is getting involved in the scenario of investing and adopting bitcoin as a payment method. The Tech field, health care industry, and sports industry have blazed the trail of accepting bitcoin and other altcoins at the very same time.
The fact might stun you that the music industry has correspondingly begun to adopt bitcoin. There are ample music artists who started adopting, investing, and accepting bitcoin as a payment method for live shows. You can check out websites like Crypto exchange market for getting maximized results in your bitcoin journey.
