Brian Eno has weighed in on the ongoing debate around NFTs, and it's safe to say he's not a fan.
Various artists, influencers and celebrities have begun selling music, artwork and other items as non-fungible tokens (NFTs) in recent months, with some positing the crypto-based craze as a new, revolutionary means for artists to get paid fairly for content that they create. NFTs have been heavily criticised, however, for their impact on the environment.
An unreleased Whitney Houston demo has sold at auction, as an NFT, for $1million (£723,000).
The work was bought on 14th December through the OneOf marketplace, which specialises in music and runs on Tezos, a blockchain with far greener credentials than the likes of Ethereum.
COVID-19's genetic code has been transformed into a series of ambient tracks, which have then been made available to buy as NFTs, or non-fungible tokens.
Viromusic, the organisation behind the project, created the tunes using only the genetic sequence inside the coronavirus. A statement from the team explained that this required "a technique called DNA Sonification", meaning "the melody in the songs is derived entirely from the viral sequence".
A rare collection of Tupac Shakur photos are to be sold as NFTs.
According to a report in Rolling Stone magazine, the images have never been published before, and were taken in the midst of a release party for the legendary rapper's landmark debut album, '2Pacalypse Now', in 1992.
After months of speculation, it has been confirmed that Wu-Tang Clan's one-of-a-kind album, 'Once Upon A Time In Shaolin', was bought by the crypto group PleasrDAO.
A series of rare Studio 54 images, along with a new 8-bit video game based on the seminal New York club, have been developed into NFTs (non-fungible tokens) in collaboration with the SuperRare marketplace, raising money for charities in the process.
RCRDSHP – a new marketplace for electronic music collectibles – has launched, and subsequently sold out, its first drop of NFTs from a range of artists, labels and festivals. RCRDSHP styles itself on being NBA Top Shot for music, focussing on collectibles delivered as NFTs, covering everything from exclusive tracks, a video clip from backstage, visual artwork and more.
Miami's Winter Music Conference has announced its full program for a digital event running on 20th and 21st May 2021.
Keynote speakers for the two days of panels, music and tech showcases include Twitch co-founder Kevin Lin, revered DJs Junior Sanchez and Marshall Jefferson, and NWA member-turned-tech entrepreneur Arabian Prince.
Beatport is now accepting bitcoin as payment on its website from June, and has teamed up with Crypto.com on a new A/V NFT collaboration with Boys Noize, Charlotte de Witte, Sasha, Third Son, Sama Abdulhadi and more. The NFT collection will feature unreleased tracks from the artists involved alongside visual art from Berlin-based artist Leif Podhajsky who’s worked with Bonobo, Tame Impala and the Sydney Opera House.