Deadmau5 and Portugal The Man release single as 1M NFTs in bid to go platinum
Deadmau5 and Portugal The Man release single equally 1M NFTs in bid to go platinum
The award-winning artists want their new release "This is fine" to get the first NFT single ever to go platinum, only it's unclear whether that is even possible.
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Dance music star Deadmau5 and Grammy award-winning indie rock band Portugal The Man have teamed upwards to release 1 million copies of their new single "This is fine" as nonfungible tokens (NFT).
The unmarried was released on Deadmau5'southward (whose existent name is Joel Zimmerman) characterization, Mau5trap, with the aim to accept the unmarried be the first NFT to go platinum.
The artists minted 1 million units on the Near Protocol blockchain and released them on marketplace Mintbase. A quarter of a million units were bachelor for purchase during Art Basel's "Miami Beach" art show on Th.
Nosotros are excited to welcome @deadmau5 @portugaltheman to Miami for #ArtBasel and the exciting launch of their "platinum" #NFT music project on @Mintbase with @nearprotocol
— Mayor Francis Suarez (@FrancisSuarez) December ii, 2022
The remaining singles will be sold as a mix of unmarried units and arranged units, which will have unique attributes. The bundled unit of measurement prices are still undetermined.
The announcement promised "multiple metaverse integrations and rewards coming for collectors of this NFT" just provided no additional details.
mau5 ten @portugaltheman "this is fine" now available at @mintbase :D https://t.co/qvfGeLAWVC pic.twitter.com/EXPXIONcbl
— Caprine animal lord (@deadmau5) December two, 2022
Co-ordinate to The Recording Manufacture Clan of America, a certified platinum sale is 1 million units. It remains unclear whether the vocal will go platinum fifty-fifty if all 1 one thousand thousand copies sell out due to its anarchistic release method.
Each NFT is being sold for 0.25 Most per piece, or around $2.20 — similar to the price of an iTunes download in the pre-stream years.
In improver to the single, each NFT also features unique artwork past Wooden Cyclops, the art manager of Portugal The Man. He collaborated on the artwork with Smearballs, the artist behind Deadmau5's characters in his music videos "Monophobia," "Drama Gratuitous" and "Pomegranate."
NFT + Poster To celebrate the NFT song collab drib from @portugaltheman x @deadmau5 become instructions to get an 18x24 poster signed by John Gourley from Portugal the Homo and myself #woodencyclops #portugaltheman #deadmau5 #OpenSeaNFT https://t.co/P7RsWBGT14 pic.twitter.com/gNFw0LnIlh
— Wooden Cyclops (@WoodenCyclops) December 2, 2022
Related: Snoop drops 'Decentralized Dogg' NFT like it'south hot
Deadmau5 is non new to the NFT game. In December 2022, Zimmerman partnered with augmented reality creative person Sutu to create NFT "In Titan's Light," a xxx-second audio-reactive artwork loop paired with a section of the Deadmau5 rail "Satrn."
A month afterward, in January 2022, he partnered with digital artist Mad Canis familiaris Jones to release two NFT art collections on the Winklevoss-owned Keen Gateway.
In the same month, Portugal The Man launched its crypto token, PTM Money, on the Ethereum-based Rally Network. The token grants fans exclusive access to events and perks.
Source: https://cointelegraph.com/news/deadmau5-and-portugal-the-man-release-single-as-1m-nfts-in-bid-to-go-platinum
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