Billboard and Universal Music announced a partnership to sell music NFTs on the environmentally conscious Flow blockchain. The NFTs will be called Chartstars NFTs featuring “officially licensed art and creative including short visual clips from music videos, and album photography.” [More from Bitcoin.com] We expect 2022 will be a major year for music NFTs. Here’s…
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Snoop Doog buys Death Row Records, which will become NFT music label for the metaverse
NFTs continue to disrupt the music industry. Snoop Dogg, a major collector of NFTs, announced that he not only purchased Death Row Records, the label that he first signed with, but he also will be transforming DRR to be the “first major in the metaverse.” Music producer Timabaland announced back in November 2021 his creation…
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Warner Music partners with OneOf to develop NFTs for Warner Music’s artists. Meanwhile, John Legend launches NFT startup OurSong.
Last year, I attended a conference on NFTs. Representatives from the startup OneOf and from the music industry were speaking on a panel about music NFTs and how they will help musicians. As I sat and listened intently, I wondered, Why do musicians need to sign with a big music label if they can raise…
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Damien Hirst sends free NFTs based on Drake’s “Certified Lover Boy” album cover to owners of Hirst’s NFTs
Damien Hirst gave a Thanksgiving gift to the owners of Hirst’s NFTs from the Collection: an NFT from the 10,000-NFT collection dubbed Great Expectations. (via Decrypt) The new Hirst NFTs are based on Hirst’s artwork for Drake’s album cover for “Certified Lover Boy.”
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Lil Pump ft. Soulja Boy sold $500,000 in S-NFTs, security NFTs, for song “Mona Lisa”
Disruption continues to occur in the music industry. Opulous offers decentralized finance to musicians who can raise capital by selling copyright NFTs. Instead of being signed to a major label, musicans can seek to finance themselves by selling interests in their copyrights. Opulous is using a vehicle called a “security NFT” or S-NFT. CoinTelegraph describes…
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Post Malone buys 2 Bored Apes for 160 ETH ($734,401) and uses Bored Ape in music video with The Weeknd
Using the fintech service MoonPay, Post Malone bought 2 NFTs from the Bored Ape Yacht Club collection. Post Malone then proceeded to waste no time and included one of the Bored Apes image (for Bored Ape #961) in a kind of virtual product placement his new music video with The Weeknd.
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Universal Music signs deal with 4 Bored Ape NFTs to form music group KINGSHIP in metaverse
Universal Music reportedly signed a music deal with Jimmy McNelis, the owner of 4 Bored Ape NFTs, to form a music band Kingship, which will perform in the metaverse. [CNet] Universal’s label 10:22PM, headed by Celine Joshua, will work with Kingship, a “metaverse group.” “Just as we would with any artist or creator, my team…
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BTS announces NFTs
BTS manager Bang Si Hyuk of Hybe Co. announced a partnership with Dunamu to create NFTs for the popular K-pop band BTS, such as photographs sold as NFTs. “According to the report by Bloomberg, Hybe will buy a 2.5 per cent stake in Dunamu. This is the company that runs the Upbit crypto exchange, the…
Read MoreInterpol band and David Lynch sell NFTs
The NFTs commemorate Interpol’s and David Lynch’s collaboration on a short film “I Touch a Red Button” in 2010, before their performance at the 2011 Coachella Festival.
Read MoreGRAMMY Awards announces deal with OneOf to create NFTs
In a press release, the Recording Academy announced a partnership with music NFT marketplace OneOf to make GRAMMY Awards NFTs. “The Recording Academy and OneOf(opens in a new tab), the green NFT marketplace built for music and backed by 28-time GRAMMY Award winner Quincy Jones, have teamed up for an exclusive partnership to release NFTs that will…
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