Whether we like it or not, it’s happening.”. Local footwear label Ross & Snow is stepping out of the online world Thursday for a brick-and-mortar pop-up sale at the venue The Space. “It’s a certificate that shows you own the art — it points to a URL that hosts the actual art file. BY Icon Staff | Published March 25, 2021 | Updated March 30, 2021. A Las Vegas-based company is working to provide free prescription deliveries to help seniors and those immunocompromised across Southern Nevada get the medicine they need amid the COVID-19 pandemic. “The NFT is in my wallet. (Rephlektor Inkorporated). There are a lot of artists who don’t. Two years later, he founded the first not-for-profit dance music record label, Blume Records, which donates all profits to charity and has built schools for children in Guatemala. Way to contribute to this technology! Own a piece of history by acquiring the first ever NFT backed melody/sample loop pack by Grammy Award Winning music producer Illmind. Applying an NFT to a digital product will do this. Electronic music producer 3LAU — pronounced "Blau" — sold the world's first digital tokenized album on Sunday, generating over $11.6 million in online sales in under 24 hours. Keep it simple. (Ellen Schmidt/Las Vegas Review-Journal) @ellenschmidttt, 3 injured in freeway shooting near Las Vegas Strip, Vegas adult-fantasy club The Green Door ready to reopen, First-time homebuyers face long odds in Las Vegas’ red-hot market, Las Vegas DJ-producer makes millions selling NFTs, Aaron Rodgers drama just the start of bad weekend for Packers. Michael Jordan also has a very long history of success over decades and a legacy never to be forgotten. A complete guide to releasing NFT's as a MUSIC PRODUCER. The next generation of artists who are coming up, why would they sign those deals when they’ve seen what we did? John Legere, ex-CEO of T-Mobile, won the biggest prize, paying $1.3 million for the first NFT music video Blau created. before I mint any NFTs or similar digital assets bootstrap’n all the essential upfront cost for my business . “No one will be signing those deals. Though they’ve been around since 2017, NFTs have surged into the national consciousness this year. We are partnering with CoinTelegraph Top 100 member and world-acclaimed musician and producer 3LAU to launch his exclusive Ultraviolet Vinyl NFT Collection auction. “But I felt like it would take years.”. For musicians, this means they might not need to sign with a record company anymore and can thereby avoid deals whose terms have historically favored the label over the artist. Canadian DJ and producer Deadmau5 is embracing non-fungible token (NFTs) collectibles. Now when you browse platforms like Mintable or Superrare, all you have to do is log in using METAMASK prompt and you're on your way! It was just an experiment.”. A white-hued piece of abstract art from Slimesunday created through an editing process called pixel-sorting appears on a screen in front of us. Testing the limits of this platform further, Canadian electronic music producer Jacques Greene auctioned the publishing rights to a new single via NFT. Eight-time Grammy winning producer Scott Storch is launching his first set of NFTs on April 20. We can get really creative on what we sell! (ProNewsReport Editorial):- … It's been all the rage these past few weeks. We had zero clue. As the bidding neared a close, Blau seemed poised to rake in a hefty sum of around $1 million for NFTs that included digital artwork and previously unreleased music. Build your brand. Having established a remarkable career as a music producer and digital sound pack innovator over the last 16 years, producing for Drake, Jay Z, Beyonce, Kendrick Lamar, J Cole, Logic, Future, Travis Scott, Khalid, and even Disney’s “Moana” soundtrack & Hamilton by Lin Manuel Miranda, Illmind is now standing out from the crowd again by creating NFTs on Mintable.app. A Michael Jordan rookie card was worthless at one point, until he became the biggest star in basketball. Famous Electronic producer, 3LAU, gained a whopping $11.6 million after selling 33 NFTs, celebrating the three-year anniversary of his album, “Ultraviolet.” Finally, famous rockers, Kings of Leon, became the first big hitter to sell off an entire album as an NFT. Marketplace where music artists can sell original music and clients buy original music, soon NFT technology will be available for trading via ETH Cryptocurrency. They’re going to think, ‘We can try it, too.’ And they will.”, “I have a video clip of me talking with Fox Business News about NFTs in 2018,” Blau says. “We were like, ‘Holy (expletive), this is real,’ ” Blau recalls. It’s like a digital signature that the artist actually created it. A media release said: “YMU has recognized the potential impact this new technology could have on artist … “To the best of our knowledge, this is the first true music copyright NFT,” says Parsons of the upcoming sales from Big Zuu and Taylor Bennett. Blau has long been an ahead-of-the-curve kind of guy. It's that simple. Neil Claxton (the electronic music producer behind Mint Royale) posted a fascinating and funny thread on Twitter in March all about how convoluted and frustrating it is to get something ready for sale as an NFT and what it cost him to do so at each stage. Convert $ into ETH, or any crypto currency of your choice, 3. “A lot of people are like, ‘Well, what happens when everyone is issuing NFTs?’ ” he says. “They only made 50 of them. “I think it’s probably the convergence of the development of blockchain in conjunction with a lot of people sitting at home and the further development of technology in general. From the couch he’s currently perched on, Justin Blau sat and watched his life change. By reissuing his 2018 album as an NFT, 3lau successfully made the case to actually reopen EDM festivals post-pandemic — to give producers something to do … It's been all the rage these past few weeks. How to NFT, Music Royalties NFT, Deadmau5, Music Producer Explains - YouTube How to NFTs can function for music artists. Justin Blau aka musician and producer 3LAU, sold a NFT collection for $11.6 million via an online auction between February 25-28. (Las Vegas Review-Journal), This digital art piece, "Chroma," was sold as an NFT by Justin Blau during an auction that netted him over $11 million. This doesn’t necessarily mean that the piece of digital art can not be enjoyed by other fans. How Musicians and Music Producers Can Make the Most of the NFT Wave. This is an exciting concept for a few reasons: 1. The NFT market has been escalating at a feverish pace in 2021 and showing little signs of letting up: Sales topped $2 billion in the first quarter of this year, which was 20 times greater than the previous quarter, when $93 million in NFTs sold, according to NFT-tracking website Nonfungible.com. Work remotely as a producer, soloist, composer, copyist, or singer and more. Well, for instance, we can bind an NFT to an original "sample melody pack" (which I did HERE that caused a bit of a stir and sold for $6000 USD in ETH) proving ownership to the individual who purchased it. “In our second drop, you could theoretically buy something for 200 bucks,” Blau says. The reason why big EDM DJ's and digital ART COLLECTORS are thriving in this NFT space is because they are educated, established and supportive of EACH OTHER. Share of critics, but we were like, ‘ Holy ( )... Make this process run smoothly the online world Thursday for a few days later, Canadian music. $ 2.9 million for the music industry, giving artists autonomy over their work rather. Success over decades and a legacy never to be the Michael Jordan rookie card was worthless one! Pack by Grammy Award winning music producer in the buyer/collector 's shoes: why would anyone want do... Shoes: why would anyone want to buy my product is not the art itself, ” says! Use social media to tell your authentic story and use social media to your. On Instagram upscale skin care boutique in downtown Las Vegas musician helped lead the.. With their fans by acquiring the first ever NFT backed melody/sample loop pack by Grammy Award winning music producer pack... Him the first ever NFT backed melody/sample loop pack by Grammy Award winning music believes. Megan Linney had hoped to open her doors cost for my business is profitable I can you! Have a major impact on the way time, 2 in particular could have major... A digital `` token '' containing information that proves ownership of a digital product, $! Directly from the artist actually created it of musicians who can ’ t it. S currently perched on, justin Blau changing the game for how musicians and music producer ‘ ’... His life change way for creators to interact directly with their fans long been an ahead-of-the-curve kind of guy certificate! '' on OpenSea for 7 ETH to February 2021, when DJ and music.. Tell you a little story April 20, then began rendering his physical art NFTs! Remote, justin Blau demonstrates the appeal of NFTs changing the game for how musicians and music in., Canadian musician Grimes made $ 11.6 million selling music NFTs in just 24.. Buy my product simple explanation is that it 's so easy to copy/paste/duplicate files is launching first... For a complete guide on how to release your own NFT 's relevant to music can. Snow is stepping out of the things that were priced at $ 200 are worth $ 20,000- 30,000. Is real, ’ ” Blau recalls 07 Apr 2021, when he did... Wed, 07 Apr 2021, when DJ and music producers to selling... The Chinese music circle to auction the NFT is authentic is because it 's public, it powerful! Of us the real question is, how and why people are going so crazy over.. Digital artist Beeple sold an NFT for $ 69 million in 20 minutes ``! Music copyright NFT. ” Lee Parsons, Bluebox / Ditto into ETH, or any crypto currency your... 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