Categories
Music NFT

French Montana Releases “Coke Boys Sneakers” NFT Project

NFTs are finally beginning to make an impact on the hip-hop scene. Recently, it was announced that the multi-platinum and award-winning artist French Montana is setting out to make his mark in the NFT game with his shoe-based drop. French Montana boasts a very impressive sixteen million followers on Instagram and has collaborated with some of the biggest names in music, including, but not limited to, Drake, Post Malone, Cardi B, Gunna, Swae Lee, and Kodak Black.

The collection will be released under Montana’s “Coke Boys” brand as “Coke Boys Sneakers.” The meaning behind “Coke Boys” is dervived from “Creators Of Kings Everywhere,” creating the acronym. Announced on September 9, 2021, Montana is looking to join the short-list of artists looking to make a pioneering collision between the music industry and the metaverse. 

The NFTs dropped today, September 6th, and quickly rose to number two on the Rarible site. Additionally, this achievement is before the physical dropped. The art features six Los Angeles-themed NFTs starting at 0.1 ETH, going as high as 1 ETH. These variations will feature several color schemes, backgrounds, and other exclusives dependent upon the shoe. In addition, there are one hundred available Coke Boys basketball cards that will be drawn and randomly airdropped. Finally, purchasing the Signature Collection Coke Boys sneaker will also get you access to a physical sneaker in your size, signed by French Montana. 

Of the three-thousand Generation 1 sneakers, only five hundred will come with both a digital and physical pear. The starting price for this is 0.18 ETH, with four hundred fifty labeled as their “genesis” collection and the other fifty as his signed “signature” collection. The twenty-five hundred digital-only sneakers will contain five different colorways as featured on their official website. In addition, these collectibles will receive unlockable content in Decentraland, Discord-based roles, access to French Montana and his team, as well as secret NFTs – to name a few perks. Furthermore, there is a one-on-one VIP experience where the auction winner will be flown out to Las Vegas, transported by a limousine to their hotel, and meet French Montana and the Coke Boys crew. This one-of-a-kind perk will also allow the winner to receive a backstage VIP experience at Montana’s residency at Drai’s Beachclub and Nightclub. 

The collection collaborates with Rarible, a credited marketplace for crypto assets, especially amongst emerging artists. The NFTs will be stored as EIP-1155 tokens on the Ethereum blockchain and hosted on IPFS (InterPlanetary File System). In layman’s terms, this is a multi-token standard that is efficient and safe for transactions.

Be sure to check out the project here: https://tinyurl.com/tzm48fxe

While this project is receiving much support, French Montana isn’t the first artist to break into the NFT Space. Quavo, Lil Baby, 2 Chainz, and Jack Harlow launched a collaborative NFT project with Bleacher Report during the NBA’s All-Star Weekend. By the end of the weekend, the tokens sold for over $590,000 on the primary market alone. Additionally, Tory Lanez infamously made over $1 million in fifty-seven seconds by selling his EP When It’s Dark on the E-NFT platform. Tory sold over one million copies valued at just $1, making it a desirable purchase for any fan of his that has familiarity with the NFT space. 

As NFTs gain more relevance within the music industry, it will be necessary for artists to incorporate unique and exclusive perks pertinent to their brand to stand out and develop a loyal fanbase. With French Montana releasing this sneaker NFT collection, we can begin to expect more and more mainstream artists to create and release their projects. Additionally, this can play a pivotal role in the functionality of modern record labels. 

With NFTs, artists may harness the power of their fanbase to fund future projects in return for exclusive perks, streaming royalties, and experiences that otherwise wouldn’t be possible. For example, with French Montana’s “Coke Boys Sneakers” NFT project, Montana lays the groundwork for future artists to create intrinsic value with digital tokens and physical release. 

Be sure to stay up to date with the team for additional news about the launch.

French Montana: https://instagram.com/frenchmontana

Cam: https://instagram.com/cokeboyswear_cams

Categories
Music NFT

Doja Cat Releases Exclusive NFT Project

On September 8, Doja Cat announced that she would be releasing an exclusive NFT project for her fans. The project will contain twenty-six thousand Planet Doja tokens that will start at just $5. The project also includes tokens that will have VIP experiences for her loyal fans.

The initial drop was recently live on OneOf.com, with the second drop coming on September 9th and 10th. The Planet Doja tokens include approximately twenty-six thousand limited-edition collectibles. Any listener or fan of Doja can get involved, as the gold tier Flower tokens and platinum tier, Elemental tokens are starting at just $5. Additionally, every gold tier NFT in this genesis collection comes with a chance to win a “golden ticket” to score the holder tickets to a Doja Cat concert. Furthermore, Platinum tier token-holders have an opportunity for a “VIP golden ticket” that includes concert tickets and other perks. 

The second and third drops contain the rarer diamond tier Elemental token with a guaranteed “VIP golden ticket.” There is also a unique, single edition token available for auction only under the “OneOf” tier within the drop. Also, there is a single one-of-a-kind NFT, which includes an all-expenses-paid experience for two people during Doja Cat’s upcoming tour, including airfare, hotel, dining, and more worth thousands of dollars.

The release will be on OneOf, a platform built specifically for the music community to create a direct connection between fans and artists. Additionally, the NFTs are on the Tezos blockchain protocol, which uses less energy than other networks. In addition, OneOf confirms to have H.E.R, Charlie Puth, The Kid LAROI, G-Eazy, Alesso, and more releasing projects on the platform shortly. 

Token holders will gain access to Doja Cat’s community Discord starting September 20, where they can interact daily for a chance to win luxurious rewards, airdrops, and merchandise. In addition, these token owners are recognized as founding “Kittizens” of Planet Doja

With billions of streams and a track record of generating traction by employing disruptive norms, this project is destined to succeed and create a connection with her supporters. The release of this NFT project is coming after her chart-topping album Planet Her, which has over a billion streams since June. 

This project will abridge the artist-and fan-first approach that OneOf is creating to the metaverse with one of the most prominent artists right now. Doja Cat noted that she partnered with OneOf after learning about their environmentally sustainable NFT technology built on the Tezos blockchain.

Doja Cat

I don’t know that much about NFT’s. But what I do know is that they can be bad for the environment and cost a fortune. Mine won’t. Get over to OneOf.com and check out my first NFT collection now.

The initial drop is now live on OneOf, be sure to take a look if you’re a fan of Doja Cat and her music. You can purchase your very own Planet Doja token today, accepting major cryptocurrencies and credit cards.

Categories
Music NFT

Marshmello and Aito Team Up on Defi-Powered NFT Project

There are few DJs as recognizable in contemporary pop music as Marshmello. Between his numerous accolades and chart-topping albums, the American producer has become an absolute fixture of 21st century pop culture. The man behind the mask has racked in a staggering 9+ billion streams on Spotify alone. Couple that with over 47 million monthly listeners and over 52 million subscribers on Youtube, making him the 2nd largest artist on the platform.

Naturally, the masked DJ is getting into the NFT game, teaming up with Emmy-award winning Art Director Steven Messing and platform Aito to launch a DeFi (decentralized finance) powered NFT auction, titled “Into the Melloverse.” Messing boasts an incredibly impressive resume himself, with credits on Avengers films, Game of Thrones, and Transformers, just to name a few.

Tonight at 4pm PST, the first of two auctions will go live. The first auction will be a traditional NFT drop, in which users bid with Ethereum tokens for five unique NFTs. Like with all truly exceptional NFT drops, all auction winners will receive unique experiential and physical prizes. Utility is the name of the game. The second auction will go live on Wednesday and will incorporate cutting edge DeFi technology using the Aave Protocol. Bidders can stake their assets inside the NFT, allowing an artist to earn annual residual income.

Both auctions will be open for 48 hours from the moment of release. The 1/1 NFT will feature some pretty sick perks:

The holder of the TinToy token will be invited to join one ninety-minute virtual album listening party with Marshmello. In addition, this token is verifiable for:

  1. Invitation to a two (2) hour Studio Session with Marshmello and his one surprise guest
  2. Invitation to be a part of Marshmello’s entourage for one (1) day at a show of your choice with a ten thousand dollar ($10,000) Mello credit
  3. Compete with Marshmello in COD or a mutually agreed upon game for one (1) hour
  4. Two (2) premium Vegas Residency tickets with additional backstage access to meet Marshmello
  5. One (1) Marshmello x Aaron Kai Painted Helmet (below)
Marshmello

Additionally, each person who ranked at some point in the auction but didn’t win will be sent a ‘Mecha Mello’ NFT for their participation. For full info on all of the editions and their mint numbers, check the listing on Aito.

In his press release, Marshmello stated: “I chose to work with Aito because it enables me to connect with fans in ways that were never possible before. DeFi empowers people and takes out the middleman which has always been the ethos of my brand.” One of my personal favorite aspects of Aito is their commitment to the environment; Aito is a carbon neutral platform and invests to support innovation in the space enabling a future of minting green NFTs. The environmental impact of Ethereum has been a hot topic in the crypto community, and so any ways in which platforms are able to diminish or offset their footprint are an absolute game changer.

Categories
Music NFT

Cara Delevingne Teams up with Chemical X on ThisIsNumberOne NFT Project

Today, the legendary supermodel and actress Cara Delevingne will be teaming up with anonymous artist Chemical X and musicians DJ Fatboy Slim, Dave Stewart of Eurythmics and the British dance music duo Orbital to release ThisIsNumberOne. In the preview video of her piece, entitled “Mine,” Delevingne speaks frankly about the intimate project, which focuses on her relationship with her body. “Mine” is one of 5 items launching this week on ThisIsNumberOne with Chemical X—the next four are collaborations with dance music artists.

ThisIsNumberOne

Cara said of her piece: “I want this to remind people of how incredibly powerful they are, what a beautiful thing their bodies are and to take pride in that.” All of the proceeds from Cara’s launch will go towards the Cara Delevingne Foundation, which supports women’s rights, the LGBTQ community, mental health and environmental causes.

https://thisisnumberone.com/assets/2e2076afd6276a397462ca3ae0ec1021c5fd7f061a2ad97f54bd1d36f37feb70
ThisIsNumberOne

Fatboy Slim’s piece, entitled, ‘So Why Try Harder’, features singing smiley faces that evoke early acid house culture alongside a specially recorded quirky Fatboy Slim soundtrack—as Fatboy Slim fans would expect. I’m personally a huge Fatboy Slim fan; my childhood was punctuated by moments of listening to “Weapon of Choice” with the windows rolled down in the sun. Slim, whose real name is Norman Cook, said of the project: “I’ve always been a big fan of art and so I jumped at the chance to create something I’ve never done before.” Part of what makes NFT culture so cool is the way in which it is inspiring innovators to get involved with art more generally.

The artwork goes live today and will be on display for 7 days during which time ‘expressions of interest’ can be made. If a private sale is not agreed after that time, they will be auctioned off to the highest bidder. All of the #1 NFTs on the site are in an edition of 1.

The project marks a collaboration between Chemical X and blockchain tech company Risidio. Risidio has big plans for the year, including the the launch of Risidio Xchange—a fully decentralized auction platform for digital collectibles on Stacks 2.0. Peter Ponton, CEO of Risidio said of the Chemical X project: “For Risidio, this particular project is the gateway to a user-owned internet that is fair for all. Working together in collaboration with Stacks, our collective aim is to build a better internet on Bitcoin that gives ownership of our identity, data, and wealth back to the individual and away from the corporations that currently sell it back to us.”

One of the most interesting elements of the drop, from a technical perspective, is where the project is being minted. As opposed to being minted on Ethereum, as is the case with most major NFT projects, ThisIsNumberOne will be minted using Bitcoin via Stacks. Current gas prices of ETH (and its exploding value) are sometimes an obstacle to getting into the NFT game, so projects minted on other blockchains provide an interesting alternate avenue.

Keep your eyes on Chemical X’s drops this week and Risidio’s roadmap for the rest of the year.

Categories
Music NFT

Band Royalty: Own—and Earn from—a Piece of Your Favorite Musical Artists

Fans have always been invested. They’ve been invested in their teams. They’ve been invested in their TV shows. And they’ve been invested in their musical heroes.

Until now, though, that investment has only been emotional. We might have become excited when a favorite band’s new song rose up the charts—or racked up plays on Spotify—but we didn’t actually make any money out of it.

That’s changing—and it’s changing with the help of NFTs and decentralized finance (DeFi). BandRoyalty.com is a new venture that enables people to buy NFTs of songs and earn from the songs’ royalties. The service is launching on May 5 with 3,000 NFTs, representing 50 songs from artists including Beyoncé, Jay-Z, Rihanna, Justin Timberlake, Cher, will.i.am, Timbaland, Missy Elliott, and Rihanna.

The program promises to give buyers two benefits.

First, buyers will get to own some beautiful NFTs featuring original colorful, animated images fashioned in the likeness of top musicians. Like any NFT, the value of those purchases will rise and fall depending on demand. Because supply is always limited, as long as demand for the NFTs rise, their resale value will increase too. They come in a range of different rarities, from vinyl album to one-of-a-kind diamond albums.

Those rarities do more than affect the resale value, though. They also dictate the number of pools in which the buyer can stake the NFT to receive a share of the song’s royalties. 

Band Royalty has agreements with industry administrators, including ASCAP and BMI, who collect streaming and publishing royalties. Once the program receives the royalties, it pays them out proportionally according to the NFT stakes in the collection pool.

Stakers can stake their NFTs in one of three music pools. They can choose to take a share of the  royalties generated from print music, from mechanical and public performances, or from synchronization to video. The minimum staking time is 90 days, but stakers can choose to keep their NFT staked for as long as five years. The longer the staking period, the more revenue they can generate. 

Vinyl album NFTs, which make up 1,500 of the release, can be staked in one of the Band Royalty pools. Gold albums can be placed in two, while platinum and diamond albums can be staked in all three pools. 

The NFTs will be available on OpenSea.io, the world’s largest NFT marketplace, which uses the Ethereum blockchain. 

The venture marks a new direction for NFTs. While much of the focus of the new technology has been on collecting and admiring beautiful artworks, Band Royalty now allows fans to monetize their commitment. Not only are they able to build their collections, they’re also able to earn from them without having to sell them—and to get paid for their investment in their favorite musicians.

Categories
Music NFT

Songcamp, Music NFTs and The Future of Collective Creation

There are new tools emerging on the Internet.

Some are called NFTs, social tokens, DAOs

A more zoomed out perspective lends itself to umbrella terms like web3, crypto, blockchain.

I prefer to call it the new internet.

All of those terms certainly have their place. But to get a wider view of what is really happening, it’s helpful to strip away the stigmas and preconceived assumptions those words might carry. And instead see this moment in history from a vantage point that inspires our imagination, our expansiveness, and our freedom to build what we want to see in the world. 

To see what is actually sprouting on the Internet today is to see a blank canvas before you. The brushes are new and the paint is fresh and we really aren’t all that sure what to make just yet. 

But undoubtedly, the first step is to grab that brush and slap some paint on the canvas. Better yet, shove your hands in the jar and smear a mess of color all over the place. Because that is the only way we are going to learn just where this new internet can take us. 

Songcamp is doing just that. 

Music + The New Internet = 💥

Songcamp is experimenting with a songwriting camp that doesn’t end when the songs are written, but continues on into the visual design and release of said music.

Often songwriting camps end with dozens of incredible songs that never see the light of day. They get stuck in the sticky web of industry we call the music business. Publishers and labels and splits and all these bloated intermediaries result in fantastic songs wasting away on dormant hard drives. 

The other place these songs get stuck is in the worried mind of the artist. Today’s systems condition us to believe we must build a specific personal brand and stick with it. Straying too far away from it—especially with the weird and eclectic songs that often come out of a songwriting camp—conjures up anxiety rather than the excitement that it should. 


Songcamp cuts through the core of all that. The project aims to use web3 tools to collectively fund, create and distribute art on the Internet. By completely circumventing the traditional ways of doing things, artists are free to create something altogether new and realize the value of that art in a much more direct way. 

Here’s How It Works

Songcamp’s Genesis Batch consists of 3 teams of musicians, 1 team of visual artists, and 1 team of project operatives. 

Together, they’ve had 2 weeks to:

  • create 3 brand new songs from scratch;
  • design the cover artwork to go along with those songs;
  • and build + fund the release of those songs

This past Monday was the deadline, and all three teams delivered. They held an in-camp listening party to take in the incredible music and visual art that was co-created by talented strangers over the Internet. 

Throughout the two-week camp, a distribution plan was developed and agreed upon…

The Unlock

In order to fund the release of these records, a sponsorship NFT called “The Unlock” was minted and auctioned off during the camp. 

Collecting this NFT effectively unlocked the camp for all involved. And that’s just what happened when Seed Club threw up a winning bid of 1.25 ETH with 20 minutes left on the clock. In doing so, they formed a strong bond with Songcamp in becoming the project’s first ever supporter. 

This supplied the necessary funds to properly release the co-created art.

https://zora.co/songcamp/2863
Zora / Songcamp

The Release

This coming Monday May 3rd, each song will be minted as 1-of-1 NFTs on Catalog

Catalog is building the primary music NFT platform on the Internet, giving artists the tools to mint rare digital records and keep 100% of all future sales.

These NFTs will act as the 1/1 canonical record pressings for each song—much like an original vinyl pressing but in digital form. The idea here is to distribute this art in the form of its original internet master, and allow the creators to collectively realize its value through a live auction format. 

Catalog

The Auction

On that same day, a 24-hour auction will kick off for all three music NFTs. The reserve-bid auction will take place on Mirror, a brand new publishing platform developing tools that go far beyond writing. Click here for a more detailed roadmap of the auction.

Mirror

With tools like Reserve Auctions, Splits, and Crowdfunds, Mirror is developing embeddable business models for creators. And Songcamp is putting them to use. 


The Splits block that Mirror has created allows you to quickly and automatically split funds with a group of people on the Internet. All of these tools are composable, meaning they can plug into each other. For instance, Songcamp can send the proceeds from the Reserve Auctions to the Split block so that everyone involved in the song can instantly claim their share.

https://j.mirror.xyz/qnvV6hGoxq6gIO2anZ4KLi-kXz3RDZh6qFS78QDSM0Y
Mirror
An example of a Split block on Mirror

Beyond just that, both Mirror and Catalog are built on top of Zora, an open NFT protocol. So not only do Mirror’s tools plug into each other, but Mirror and Catalog plug into each other too! 

Oh, and none of these platforms— not Catalog, Mirror, nor Zora —take any fee whatsoever. This means that 100% of the value flows directly and instantaneously to the creators. 

Is your head spinning? Mine sure was.

This all points to entirely brand new ways of creating and sharing stuff online. We can begin to see the tremendous power of such malleable tools. And Songcamp is about to expose that potential to all of us, by putting these digital lego blocks to use in a truly effective way. 

So here is Songcamp’s plan in summary:

↳ Mint music NFTs on Catalog 

↳ Put those NFTs up for auction on Mirror 

↳ Send the funds from those auctions to a Split Block

↳ Each artist involved on that song receives their share of the Split

Glorious.  


Be sure to catch the Songcamp NFT release + auction on Monday May 3 2021 via Songcamp’s Mirror.

It’s Time To Experiment 🥽

The tools we now have at our disposal allow us to realize a truer value of digital things. Be it content, currency or communities, these tools allow us to organize and distribute stuff in ways that circumvent intermediaries, and allow value to flow directly to those who deserve it. 

But these tools are very young. We aren’t all that sure how to use them yet. We’re also extremely conditioned by the first 20 years of life on the Internet. 

So now, we must experiment.

Songcamp is one of those experiments. Better yet, Songcamp is akin to a web3 laboratory—running experiments at the edges of music and the new internet. 


Follow along + get involved with Songcamp on Twitter, Discord and Mirror.

Categories
Music NFT

Ill-Esha’s “CRYPTOWAVES” is a Crypto Sound Design NFT Experience

One of the most sought after Underground “Godmothers” of Bass music and exquisite sound design is pioneering a new form of creativity in which she interfaces multiple layers of collaboration with interwoven blockchain codings and crypto synthetic visual stimulation.

Elysha Zaide is a Canadian born electronic music artist, producer, singer and DJ known for her work in the bass music world, as well as her unique style of singing and DJing simultaneously. She produces music as “ill-esha” and teaches sound design at Berklee College of Music in Valencia, Spain. During my time in bass music culture, I was lucky enough to cross paths with her and come in as direct support on several occasions at various music festivals and clubs across the United States. I have known her inspirational sound for over a decade now. In 80% of my DJ sets between 2009-2018, it’s a guarantee that there were always at least a few of her well crafted bangers mixed in. 

She has always been on the front lines of ground-breaking soundscapes, telling stories with tantalizing melodies and harmonies layered on top of crisp bass lines and drums that knock just right. Her first NFT project is an experience that breaks all boundaries and gives the listener a brand new audio experience.  

Her upcoming NFT release, titled “CRYPTOWAVES PT. 1”, is a 4 track moment in time based on the story of a character known as “The Orphan”.

She states in her recent post on Medium.com: “Crypto is blowing up like crazy—what does that sound like? I wanted to take the excitement, the rush, the revolution, the complete overthrowing of the system, and in spirit of making something unique, I wanted to weave a rich story, a puzzle with clues scattered throughout.  So I set some guidelines for this journey:

  1. I would make a four track EP, telling a story both universal and completely encoded with crypto terminologies.
  2. Every sound on the EP ( aside from my voice, or few environmental sounds taken in the creation process) would be sourced entirely from wavetables generated using 2021 first-quarter charts for four cryptocurrencies.
  3. Every song title would both represent a chapter in this hero’s journey, and correspond to an actual finance term. Lyrics would also have these phrases and words deeply embedded into the storyline.”

This NFT will launch onto the auction block on April 19th via Staxe.Io with a LIVE Album release party in collaboration with the auction ending. This will be streaming as a LIVE VR event as well. 

Staxe is a DeFi/Blockchain-based platform focused on the tokenization, financing and investment of live and online productions. Staxe’s goal is to enhance economic opportunities in the live and creative industries via blockchain technology. To do this, it links and safeguards the interests of creatives and investors under an automated and secure platform.

The company recently developed its ‘Staxe NFT Launchpad’, which combines an NFT drop with a live performance, whether during a concert/show, streaming or VR performance. The Launchpad showcases artists and creatives in a live performance during the final moments of their NFT drop auction, boosting the NFT collection in a highly interactive and unique new way in order to enhance the resulting value captured by an NFT drop with the power of live events.

I spoke with ill-esha about her current creative endeavor on the newest episode (#14) of “The Music Ministry Podcast”. Check it out here.

I’m looking forward to the future of what unfolds within the evolution of this astonishing creative and tech renaissance for all of the amazing artists that will rise from the shift taking place.

Categories
Music NFT

Tycho Announces TYCHO : ISO50, a Combined Visual-Audio NFT Project with Perks

There’s no denying NFTs have become a catch-all solution to monetize any and all creative work.

Buried throughout the ocean of high-profile individuals flocking to crypto art as a get-rich-quick scheme are those who embody the spirit and ethos of permanent digital media.

This post spotlights one of those very actors—Scott Hansen—as he dives headlong into web3 through a foundation that was seemingly developed exactly for this future.

Setting the Stage

Having spent the past two decades creating visual art as ISO50 and music as Tycho, Hansen is taking his first step into crypto art with his forthcoming TYCHO : ISO50 collection on Nifty Gateway on April 15th.

Starting his career as a graphic designer, Hansen fell in love with creating cover arts under the moniker ISO50. The name references a type of slide film, personifying his passion of giving audio a more physical, real experience through visual art.

This portfolio—now housed at iso50.com—has started to resurface in recent weeks. Detailed throughout his collections are commissioned works, show posters and cover arts from projects past. Having won accolades such as the FWA awards, ISO50 was an industry leader—making its way to everything from corporate clothing apparels to niche communities like Pretty Lights.

https://iso50.com/
Courtesy of Tycho

It’s no surprise that Hansen soon tried his hand at audio to accompany his visual works. The birth of Tycho was a direct output of the ISO50 operating system, acting as the soundtrack for the imagery and visual world that is ISO50. 

“If it wasn’t for ISO50, Tycho probably wouldn’t exist,” notes Hansen.

Offering a nostalgic edge, Tycho’s sound is meant to capture a moment in time. As the vague approximations of time shift and evolve, Hansen’s creative output offers a bedrock to immortalize a timestamp in the listener’s life.

Enter Web3

Naturally, this is where NFTs come into play.

“Video has never found a meaningful home, until now” comments Hanen. His first foray into the space—Element—offers a glimpse into the past, present and future of TYCHO : ISO50. The collection showcases four unique locations, each earmarked with a specific natural element and a score of unreleased music.

“I’ve always been drawn to the intersection of audio and visual and have spent my career creating works that seamlessly melds the two,” commented Hansen. “This story showcases the natural evolution from visual to audio—offering a glimpse into the future of how these mediums live in harmony thanks to web3.”

Whether you’re a Tycho fan or not, there’s no denying that the mending of these two worlds is the exact audio visual experience that many collectors have come to know and love. With the winner of the 1/1 auction receiving lifetime VIP (+1) passes and a virtual studio tour, his first release teases a growing ISO50 virtual universe—one which this writer is stoked to be a part of.

And what use might that lifetime pass have? Tycho just sold out his first 6 shows of 2021, bringing his talents to the scenic wine country of St. Helena in early June. To the winner of the 1/1—the first TYCHO : ISO50 shows in 10 years are just a bid away.

Until then, fans can rest assured that Tycho is starting a new chapter, one in which the community ownership takes center stage.

If there was ever a time to become a Tycho superfan, it’s now.

Be on the lookout for more information from Tycho in the coming days as he frequents Discord server, Clubhouses and chat groups near you.

To the artists out there, let this story show that audio visual work has found a home in web3, and creators like Scott Hansen are bound to show why this page in history is sure to leave a mark.

Categories
Music NFT

The NFT Music Culture is Changing Lives Around the World

There is no mistaking what is happening at this particular place in time and space. The infinite possibilities of NFT technology have changed lives all over the world, and I mean this quite literally.

Recently, I find myself involved with an ever-expanding group of musicians, singer/songwriters, audiophiles and music producers.  The exciting part has been the connections created with people from over 30 different countries.  Every single person in the community brings an immense amount of experience from all facets of the multiple layers of the music industry. Now imagine that same type of community existing for photographers, and then another for digital artists, and then another for 3D metaverse developers. This is happening right now over on the Telegram app. The main driver of this particular community of world artisans I’m referencing is the Ghost Market Music Group (ghostmarket.io), which is built on the Phantasma Blockchain (phantasma.io).  

Indigo Saint

Mzwakhiwe Nywenya aka: Indigo Saint comes from the city of Bulawayo located in The Republic of Zimbabwe. Indigo Saint and I immediately connected on Telegram. We are both fans of using the voice feature for conversations. This technology made it a very seamless process to be able to walk him through the steps of opening a new wallet and getting his first NFT minted.  

In conversation with him, we have become friends, learning much about how each of our cultures are dealing with the world and the way things have now become within our own environments. One thing that really stuck out to me was when Indigo mentioned the rolling electrical blackouts that occur multiple times in any given week. Staying up late on the nights when the internet is accessible has become a way of getting work done for the Independent Artists Association of Zimbabwe: Cottage #47.  The night when I had walked him through the process, he was up until 7:00 am to get his first NFT up onto the market. The next morning, we had discovered that it was sold within the first 4 hours of being placed.  He had set the price at 50 SOUL coin. On that day, SOUL was sitting right at .58 cents USD, meaning that Indigo Child had become the first musical artist from Zimbabwe to sell a music NFT for roughly $29 USD.  (SOUL is sitting at .70 cents USD as I type this, meaning that Indigo Saint’s first NFT is currently valued at $35 USD). 

He quickly began to understand the power of the NFT/Blockchain technology and found himself becoming a minister of music as well. We have recently added Mzwakhiwe Nywenya aka: Indigo Saint to our roster of Minting Agents over at www.themusicministry.org. There is a new page up as well featuring key points on his Cottage #47 Artists Association.  

Indigo has added several new artists to our community over the last week, including VI The Law from Harare. VI The Law has sold his first NFT at 100 SOUL. When speaking with VI (Six), he mentioned being completely unsatisfied with the way the music industry has been. “Especially with the pandemic and people not being able to perform, it’s been really rough worldwide.” His first NFT was titled “Hope”. He said he wanted to be able to ‘sell Hope’ which also happens to be an original track near to his heart. Now that his first track has sold, he fully believes that this is the way to revolutionize success within the art and music world in Zimbabwe and beyond.

What I love most about these successes taking place in multiple countries now for many independent artists is that it has given a sense of worth to the creative mind that hasn’t existed before. For instance, our friend Indigo Saint mentioned to me that if he can do this just 29 more times, he would be able to afford a car, and to be able to help pay for a plane ticket to fly his sister home for a family visit. He understands that he can now truly look at his artistic creativity and expression as a way to fund his life, and to be able to help his family in ways that were never conceivable before NFTs.

His second NFT is up for auction now for 200 SOUL and already has a bid placed.  He only needs 25 more sales left to manifest that car into reality. 

The thing that truly blows my mind is that every bit of the minting process was done on his phone through the d-app available at ghostmarket.io.  Indigo sent a screenshot of the entire minting process with a wallet all from his phone. Mobile NFT technology is happening right now. 

Music NFT from Belladonna is Making History Over in Italy!

Moving over to Italy, well known rockers Belladonna have made history by being the first Italian musicians to release a song as an NFT. They have received positive press from Reuters – Italy and Italian Billboard magazines for their groundbreaking concept titled “New Future Travelogue”. This limited edition 1 of 1 is up now for auction on the Ghost Market here and has matched its starting bid of 1000 SOUL. The auction goes on until 3/27/2021.  If you’re a collector this could be your chance to own a historic music NFT from the first Italian musicians to have ever done it.

Belladonna gave a rave review when discussing their opinion of the music NFT space:

“Auctioning our song ‘New Future Travelogue’ as an NFT has been so far a truly exhilarating experience! We found the fact that now a music recording can be—for the first time in history—as unique as a painting on canvas absolutely revolutionary, and we were thrilled that many of our fans and followers saw it the same way. 

It was also an honor for us to have become the first artists in the world to include in the NFT the Master Rights of the song, possibly a new path that I hope many other artists will follow us on, and by the awesome feedback we have received from musicians from all over the world, it has already started happening.” 

LUANA CARAFFA (Belladonna’s singer, Italy)

“The press from all over the world recognized the fact that the ‘New Future Travelogue’ NFT auction might herald the beginning of a new era, and while only time will tell if it will be the case, we have been truly humbled and honored by the incredible media impact our auction has received.

Of course, right now NFT might be seen by many as a fad—even though the media attention NFTs have received in the last few weeks has indeed placed probably impossibly high expectations on the NFT market—the technology in itself can undoubtedly be an amazing tool for artists to free themselves from many middlemen (labels, publishers, managers, etc) and deal directly with people that feel their work matters, just like Renaissance artists did at the time. 

The wonderful people at Ghost Market—the platform on which the ‘New Future Travelogue’ auction is taking place—have been tremendously supportive to us, as I know they are with every artist on their platform, making the whole journey a true joy!”

DANI MACCHI (Belladonna’s guitarist, Italy)

Romanian Music Producer ‘Matei’ Experiences Early Success from Music NFT’s

“I can tell you a little story. I was looking into this NFT stuff, because I was getting quite into crypto and thought it would be fun to mint some of my music, and I was looking for the best place to mint and sell. I saw GhostMarket on this reddit post, so I thought I’d check it out. I minted an EP that I just released and put it up for bidding, thinking there was no way anyone will buy it, but to my surprise there was already a bid on it within a day for 150 SOUL. The next day I decided to mint another album that I made a while ago and came up with 3 different rarities for the album, each containing different exclusive content. For example, the GOLD one had an extra music video and an extra track. To my surprise there was a bid for this one as well for 300 SOUL and then I realized I made more money in two days on GhostMarket than in a year on streaming platforms. I think that I was very lucky to find GhostMarket because the minting price is insanely cheap, the Phantasma chain is extremely innovative and the community is great. I’m Romanian but studying in the Netherlands.”

MATEI – Music Producer, Romania

Hype aside, it’s easy to see how music NFT technology is now on the forefront of changing everything about the way we consume music and art. It’s only a matter of time before many of the fast money platforms become unsustainable. The primary technology is planning to conform to a “Point of Stake” tech in order to become 100x faster than what is currently running. However, right now there is a “proof of stake” technology already doing this, at a rate of 300x faster than the older tech which is seeking layer 2 solutions.  I have spent time with my team searching for the “Top 5 Market Places for Independent Artists to Mint Their Art”, and in most cases all of the platforms are popping up onto the old tech. I believe these gas fees may be the demise of many NFT platforms. I also believe that anyone who can take the time to educate themselves on the minting process over on the Ghost Market will have an incredible (!) advantage over the people sleeping on this, who will undoubtedly find their way here within the next 18-24 months.  

There is no going back.  The time is now, and we are only just getting started.  Pay it forward everyday and teach someone new.  What a beautifully chaotic time to be a creative mind at this crossroads in human history.

The Music Ministry

The Music Ministry LLC is built of dedicated artists who carry over 60 years of combined experience in the live music and recording industry. Every agent on our team has performed in multiple touring circuits in North America and has suffered the hardships endemic to life in the music industry. We now have come together to stand as an alliance for creative minds searching for the path forward in this new world. The Music Ministry LLC has a full understanding of the NFT minting process and wishes to contribute to the evolution of the music industry.  

Our initiative with the elite programmers at the Phantasma Blockchain, Ghostmarket.io, and House of NFT can help everyone understand the minting process and become financially independent. We believe that this renaissance period is the place in time where the creative visionary minds can finally take power back into our own hands, changing the guise of the mental health crisis, the economic crisis, and the environmental crisis we are facing today.  

This isn’t about getting rich quickly. We all have a choice. Rise up and learn, or let it all burn. Teaming up with One Tree Planted, every minted work from The Music Ministry LLC will donate a percentage of the royalties to help do our part in their global reforestation efforts.  

Visit our website: The Music Ministry LLC

Categories
Music NFT

EulerBeats and The Future of NFTs

Wrapping one’s head around NFTs can be enough of a challenge. We’ve grown up seeing digital content in a certain way, and this new technology really has its way of flipping our whole way of seeing things around. 

But once we successfully take that mental jump, we quickly learn that the current forms and use-cases of NFTs are just scratching the surface. For the most part, we are seeing NFTs in their most simple and static states. 

EulerBeats is an NFT project pushing at the edges of this potential, and pointing us in the direction of where these powerful new technologies can go.


Put simply, EulerBeats is a collection of 27 unique audio-visual NFTs called “Genesis LPs”. Each piece is made up of a unique digital artwork printed onto a spinning vinyl record that plays a piece of music.

The artwork and music for each NFT is algorithmically generated. This means that when someone comes along and mints one of these NFTs, the art and music are created then and there. The algorithm used to generate these pieces is based on a math function by Leonhard Euler — a famous mathematician of the 18th Century.

Using metadata from the actual purchase transaction along with Euler’s function, each output is a piece of artwork with unique colors, shapes and sounds — all properties that give each piece a different level of rarity. 

(If you’re interested in getting into the weeds on how this is all done, the EulerBeats about page and Discord server are great places to start.)

This means that the original purchasers of the 27 Genesis LPs play a role in the actual creation of the NFT artwork. 

But the generative art details are just the tip of the iceberg. The EulerBeats project may go on to act as a historical case study, showing us just how powerful the potential for NFTs truly is

Breathing Life into NFTs

Interacting with the EulerBeats project automatically throws you into an experiment that nudges its way into many fields of study — music theory, math, tokenomics, blockchain technology and more. 

While most NFTs today are a static transfer of digital art ownership, this project brings NFTs much more to life. 

Each of the 27 Genesis LPs consists of 1 original LP and 120 prints. The original LP is generated through the process we just discussed, and each subsequent print is an exact replica of the original. 

Ownership of the original LP comes with its fair share of perks:

  • The original LP owner receives 8% off the sale of each print
  • They also maintain commercial rights to the underlying artwork, meaning they can get the song placed in a commercial for instance and get paid for it.

But wait, there’s more… 

Bonding Curves, Burn Funds, and Other Complicated Things

As we said, prints are direct copies of the original LP. The price of prints are based on something called a bonding curve — a fancy formula that makes it so each print is exponentially more expensive to purchase. Print #1 is a whoooole lot cheaper than print #120. 

Euler Beats / Matthew Chaim

So we know that when you buy a print, 8% of that money goes to the original LP owner. 

Another 2% goes to the EulerBeats core team. That leaves us 90%…

Enter the “burn fund”. The burn fund is essentially a digital vault where 90% of the revenue off print sales sits. Print owners have the option to burn their print at any time. Burning a print — in the case of EulerBeats — is a lot like selling the print back to the project itself. If you burn your print, you receive 90% of the current print price of that LP.

Is your head spinning yet? Don’t worry, mine was too. 

Here we get to the crux of why EulerBeats has built in all these complex contraptions…

By incorporating a bonding curve and burn fund, EulerBeats baked in the conditions to incentivize early supporters of the project

This is best explained with an example:

Say it’s the first day this project launched. Not a lot of people know about it yet, and I come along and think it’s pretty cool. I notice that all 27 original LPs have been minted, but no prints have been purchased yet. So I scoot on over to LP 01, play it back and really dig the song. 

I purchase print #1 for 1 ETH. 

Because of the 90% burn fund, I know that if no one else ever buys a print, the worst case scenario is I burn my print and get back 0.9ETH. There is no way my investment is going to zero.

But! If the project does start to take off, and people start buying prints of LP 01, the print price is going to grow exponentially. Suddenly a few weeks go by, and let’s say the price to print LP 01 has gone up to 10ETH. I can burn my print and receive 9ETH for it, a profit of 8ETH! 

Herein lies some pretty sweet ideas for creators of all kinds. By incorporating bonding curve pricing and a burn reserve fund, you can entice people to get in on the ground level of your newly launched projects

For fans, this offers some amazing avenues to gain off of your taste. If you have a love and ability for finding talent early on, these pricing models create the perfect ecosystem for you to make those sorts of bets on people and projects. You get to support the artists you love, and take on a very limited risk while exposing yourself to potentially exponential gain. 

The Future of Royalties

Another place the EulerBeats project pushes at the edges of NFT tech is at a much needed one — on-chain royalties. As we went over, the proceeds from print sales are split between the burn fund (90%), the original LP owner (8%), and the core team behind the project (2%). 

The flow of these royalty splits are baked directly into the NFT smart contracts. Meaning that when a print is sold, no one party needs to do anything to make those splits go to the proper rightsholders. They just flow automatically into the proper digital wallets. 

We can extrapolate out and see how this technology can affect pretty much every business. Think about how many industries rely on intermediaries to figure out the flow of rights and royalties.

Let’s look at the music industry for instance. We’ve got labels, publishers, PROs, all sorts of other rights organizations — all of them busy scouring every nook and cranny for royalties earned off music and getting them to the proper rightsholders. This process usually takes months, often a whole year!  

With the proliferation of this technology, all of that goes away. 

Suddenly we can envision a scenario where a little restaurant halfway across the world plays my song, and that song playback is recorded on the blockchain. The royalties associated with that song playback flow instantly and automatically into the digital wallets of all parties involved — and my share of the revenue streams directly into my wallet moments after (or perhaps even while) the song is played.

That, my friends, is a whole new world. 

Enigma — the next layer to EulerBeats

EulerBeats is just a few weeks old, and the team behind it has plans to evolve it in many directions. They have now begun dripping out information on the next phase of the project called Enigma

As Tyler Mulvihill of Treum (the team behind EulerBeats) explained to me, there are two sides to each EulerBeats record. The Genesis LP is one side, and Enigma LP will be the other. That’s about all we know so far, but Tyler alluded to the fact that this release will make it possible for many more people to get involved and interact with the project. 

EulerBeats / Enigma

It sounds like there is a lot more yet to come within the EulerBeats project. Perhaps even more importantly, there is a lot more it can teach us about NFTs — a technology that is surely going to eat its way into every corner of our digital world.