Dance music superstar Alesso recently cautioned artists unwilling to invest the time to learn about NFTs at the moment. “I think they will regret it in the future,” the hit-making producer stated on The Scoop podcast. Alesso recently dropped his debut digital collectible series “Cosmic Genesis” via OneOf, an eco-conscious NFT platform specializing in onboarding musicians into the red-hot NFT movement. Alesso and Lin Dai, CEO of OneOf, recently appeared on the podcast to speak in depth about what the medium means for the future of the creator economy. As with any technological movement, there are early adopters and there are laggards who will write off the trend as an ephemeral fad before eventually making a late entry. When asked about how his collea...
The underlying investment thesis underpinning the red-hot NFT movement is starting to become a whole lot clearer. Republic, a New York based investment platform founded in 2016, is joining the NFT movement with the introduction of its newest vertical, Republic Music. Historically, Republic has been a conduit for startups across a myriad of sectors to raise capital. Since its inception, Republic has held a competitive edge compared to other investment platforms due to its ability to offer access to startup investing to retail investors, a field that has historically been available exclusively to accredited investors (individuals with income exceeding $200,000 annually, or high net worth individuals with over $1 million). With Republic Music, the company is once again empower...
Alesso is going big for his NFT debut, taking fans on an audiovisual journey through the cosmos. The forthcoming series, dubbed “Cosmic Genesis,” arrives via the eco-friendly NFT startup OneOf, a platform specifically tailored to meet the red-hot demand for artists and musicians joining the digital collectible revolution. For fans who choose to embark on Alesso’s non-fungible token journey, the promise of free, limited edition drops await. The Swedish dance music luminary will use social media to reveal cryptic clues, which will need to be decoded through the use of a special decoder NFT. The decoder, your guide to unlocking Chapter 1 of the Cosmic Genesis story, can be attained by opting in on the OneOf website. Fans who successfully decode the message will have the Chapter 1 token ...
After two decades of pioneering the psytrance genre, Amit “Duvdev” Duvdevani and Erez Eisen of Infected Mushroom are somehow just getting started. Having formed in 1996 at the height of the electronic music boom, Infected Mushroom have since released over a dozen albums and earned a reputation as one of the best-selling groups in Israel and the dance music scene at large. Over the years, we’ve heard high-profile collaborations with Lady Gaga, Steve Aoki, Matisyahu, Paul Oakenfold, Jonathan Davis of Korn, Ray Manzarek of The Doors, and many more. Now the two are scheduled to head back home to where it all started to celebrate 25 years as a group at Israel’s Yarkon Park, in an annual gathering with their hometown fans. “We love going back to Israel where we started produc...
Your favorite TikTok creators’ videos might soon have a price tag attached. TikTok is opening its arms to the NFT movement with its new TikTok Top Moments initiative, which will see popular creators minting NFTs for auction featuring some of the most recognizable and sharable moments to happen on the platform thus far. According to a press release issued by TikTok, the company sees NFTs as an untapped growth vector in its ongoing efforts to help drive content monetization for creators. The first drop, consisting of six unique one-of-one NFTs, will allow users the potential to buy a historical TikTok moment. One example is Rudy Willingham’s stop-motion cutout video featuring a dancing Lil Nas X. Willingham was tasked with creating 81 unique cutouts—one per frame—in o...
One of Ethereum’s original co-founders is working on a collaborative album with dance music legend Paul Oakenfold. Charles Hoskinson, a prominent figure in Ethereum’s history and founder of Cardano, is now working closely alongside Oakenfold to bring a full length album to the blockchain. According to BlockTribune, every element of the album, including the cover art, tracks, and sleeve notes, will live on the Cardano blockchain. The LP hasn’t yet been given a release date, but it has been endowed with an intriguing title: Zombie Lobster. The meeting of these respective titans from the worlds of technology and entertainment feels like the making of a watershed moment for electronic music. Reflecting on his participation in developing the album, Ho...
Coinbase is banking on the electronic music community to help drive its growth prospects. In a series of new strategic sponsorships, dance music fans will be able to catch Coinbase at two upcoming editions of EDC in Las Vegas and Orlando respectively. The appearances will follow a recent activation on Randalls Island in New York City. Surprisingly, the leading U.S. cryptocurrency exchange platform will be onsite demoing new experiential activations related to NFT technology. Coinbase is setting up shop and erecting physical NFT galleries, which will feature unforgettable music festival moments past and present. This year EDC Orlando is surpassing its 10-year anniversary milestone. To celebrate, Coinbase’s NFT gallery will take fans back on a trip down memory lane. Fans will...
Listening to BT‘s upcoming 14th album comes with some pretty high financial incentives. Rare, one-of-a-kind NFTs await BT’s most eagle-eyed fans as the electronic music legend readies the release of Metaversal, a multi-sensory, blockchain-based album experience unlike any other. As longtime fans have come to realize, BT has a habit of speaking in codes, and hasn’t hesitated to embed audio and visual “easter eggs” in his work for fans to find. Now, he’s betting on fans to meet a challenge unlike any he’s posed to them before. “To say I have smart and creative fans is the understatement of the century,” BT said in a statement. “One of the most thrilling things about releasing music over the years has been how long it ...
3LAU is dropping the world’s first fan-owned song through the power of blockchain and NFT technology. The dance music producer and member of Cointelegraph’s Top 100 Notable People In Blockchain, raised $16 million earlier this summer in order to bring his new entrepreneurial endeavor, Royal, to fruition. The new platform tokenizes royalty-generating musical assets, enabling the public to purchase tokens which effectively guarantee them a share of the income generated from every stream. It’s a logical thought progression for 3LAU given his success in tokenizing the first-ever NFT album earlier this year. In January, he sold 33 NFTs tied to the long-form project, generating an astronomical $11.6M in proceeds. The idea for Royal came from a relatively straightforw...
Blockchain-based streaming service Audius has announced it recently closed a $5 million funding round in partnership with some of the contemporary music scene’s most popular creators. Artists such as The Chainsmokers, Disclosure, Steve Aoki, Katy Perry, Jason Derulo, Pusha T, Mike Shinoda, and many others are throwing their weight—and their cash—behind Audius, helping to grow the crypto-powered platform’s footprint in the streaming economy. The high-profile capital infusion represents a powerful endorsement from the creator economy for the decentralized future of music. From a creator standpoint, Audius’ unique decentralized infrastructure offers creators a censorship-proof, direct-to-consumer experience. These characteristics have led artists to treat Audius as a t...