THELOGICALINDIAN - The Grammywinning bedrock bandage will administer their abutting anthology and accompanying items via blockchain
Four-time Grammy acceptable bedrock bandage Kings Of Leon will absolution their abutting album, “When You See Yourself,” alongside a alternation of non-fungible tokens (NFTs) on Ethereum.
NFTs Provide New Revenue Source
COVID-19 restrictions accept kept concert venues closed, acid off one of the best assisting sources of assets for artists. As platforms like Spotify, Soundcloud, and YouTube abide to underpay artists, Kings of Leon accept absitively to seek out a new antecedent of revenue.
In accession to alms their abutting anthology on acceptable alive platforms and on concrete media, the bandage will additionally affair a alternation of cryptocurrency collectibles or non-fungible tokens (NFTs). This includes three types of tokens: abounding anthology packages, absolute art collectibles, and appearance tickets.
More specifically, there are 18 aureate tickets, 6 of which will be auctioned to buyers. Anniversary admission entitles buyers to four advanced row seats to anniversary Kings of Leon bout for life. Anniversary of those tickets will additionally accept a different allotment of art affiliated to the band. Finally, 6 different artwork tokens will additionally be put up for auction.
Auction Begins Friday
Kings of Leon has accommodating the conception of their NFTs through YellowHeart, a cryptocurrency startup that helps artists aerate their attendance on the blockchain.
The bargain begins at 12 PM PST on Mar. 5 at yellowheart.io, ancillary with the absolution of the album.
Several added agreeable artists accept additionally created NFTs over the accomplished several months, including EDM DJ Steve Aoki, singer-songwriter Grimes, and the rapper Soulja Boy.
Disclosure: The columnist captivated BTC and ETH at the time of press.
