03/12/2021 How a Collection of 1M Music NFTs Could Mint the Next Platinum Record

Deadmau5 and Portugal. The Man are debuting NFTs of their new single at Miami’s Art Basel festival.

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The artists rolled into Miami with a wrapped bus touting their new NFT project. (Eli Tan/CoinDesk)

MIAMI — Electronic music producerdeadmau5and rock bandPortugal. The Manare looking to non-fungible tokens (NFTs), not music streaming services, to sell their next platinum record.

The artists’ newest song “this is fine” is being sold exclusively as a collection of 1 million NFTs on the Mintbase NFT marketplace, which runs on the Near blockchain, with tokens going on sale Thursday.

Some 250,000 of these NFTs will be sold at Miami’s Art Basel festival for $1.29 a piece. The remaining NFTs will be sold as a mix of singles and bundled units and will come with additional rewards that have yet to be announced. A Mintbase representative told CoinDesk it has listed68,000 tokenson its site as of Thursday morning.

In a rarity for a music landscape dominated by platforms like Apple Music and Spotify, the artists’ election to circumvent streaming services, and the largely unfavorable revenue sharing that accompanies them, is indicative of how musicians have been willing to experiment with blockchain to disrupt industry standards.

Fromconcert ticketingtomusic streamingtoNFT marketplaces, artists have used digital collectibles for utility largely similar to social tokens, where creators can continuously reward their token holders after an initial purchase is made. (Portugal. The Man has already experimented with social tokens, minting its PTM coin onsocial token platform Rallyin January.)

Deadmau5 has been a collaborator in numerous crypto-related projects as of late, having backed amusic-streaming DAOas well as aphysical NFT installationwith artist Gregory Siff at a Colorado music festival in November.

“It’s about adoption. It’s about adopting this way of doing things for artists, and it’s also about public adoption and companies working together to adopt technology that’s going to make this easier for everyone,” deadmau5 told CoinDesk in a statement. “It’s not about me working to better my bank account, it’s about all artists working to gain more control of their work.”

Arts

https://www.coindesk.com/business/2021/12/02/how-a-collection-of-1m-music-nfts-could-mint-the-next-platinum-record/

Interesting NFTs
缥缈之美的过去与现在(Vanitas Then and Now)
虚空派的画像。在这个虚拟时代,外在之美到底是否还受到时间的限制?(Vanitas portrait of a woman. Is beauty finite or not in the Virtual age?)
MVP #51
TO THE SEA & TO THE MOON
Crossroad
LIMITED EDITION 1/1 | includes signed limited edition prints of all 3 states (pre-election, Trump win, Biden win) This piece is a first for Nifty, a token that will change based on the outcome of the election. If anything is constant about the times we now live in, it's uncertainty. This uncertainty is perfectly encapsulated in this piece of artwork as the person buying the piece will not know the final artwork. The artwork will be one state at auction before the election, and after the results of the election are known, will forever change to reflect a Trump or Biden win. PLEASE FUCKING NOTE: If trump wins, this token will change to that video of sexy boi king trump stomping through hell FOREVER. I don’t want you coming back to me bitching that you spent $2M* on this and now it’s a video of orangeman going HAM and it’s keeping u up at night popping mad boners. should have voted bruh. *and stfu that this isn’t gonna be worth a fuckton more when I hit 30 years of everydays and have a permanent collection in the MOMA. smh.
#76841
By OthersideDeployer
Portrait of the Artist in Digital Decay
Self Portrait taken in the East Village, January 2019. Stereoscopic Effect created with Facebook 3D photo, "painted" with neural imaging, then digitally pixelsorted. Single Edition Hi Res GIF Token by Sarah Zucker.