Legendary House DJ Carl Cox Tokenizes New Music on Ethereum

Legendary House DJ Carl Cox Tokenizes New Music on Ethereum

January 8, 2021

Key Takeaways

  • Carl Cox is releasing his first NFT collection in collaboration with Hipworth. The series will feature exclusive music from Cox.
  • The drop will be unveiled as part of crypto art show Future Art.
  • The British DJ is the latest musician to jump on the NFT bandwagon as the space grows.

Carl Cox is releasing exclusive new music in digital collectible form. It’s set to drop on Nifty Gateway as part of next week’s crypto art event Future Art.

Carl Cox Adds to NFT Hype 

Carl Cox, one of the world’s most prolific DJs, is releasing a series of digital collectibles. 

The British superstar is lining up exclusive music for the drop, accompanied by visuals from popular NFT artist Hipworth. It’s set to be released as part of Future Art, a crypto art show in Sydney next week. The two-day event begins on Jan. 15. 

Cox announced details of the drop on Twitter yesterday. “This is [a] really amazing innovation in digital technology,” he said. 

Cox’s NFTs will be listed on Nifty Gateway, a digital collectible platform run by the cryptocurrency exchange Gemini. 

It’s Carl Cox’s first hint of interest in the digital assets space. He’s best known for his work as a house and techno producer, remixer, and selector. He’s been DJing internationally for over three decades and was widely known for his close ties to Ibiza. He held a long-running residency at the beloved nightclub Space Ibiza up until its closure in 2016. 

NFTs like those Cox is releasing are a kind of digital tokenthey live on the Ethereum blockchain and can encompass digital art, music, and more. 

Music in NFT Form

Cox’s collection is yet to be listed on Nifty Gateway, though several other similar projects have cropped up recently. 

Deadmau5, another of the world’s biggest DJs, dropped a series called RAREZ via Worldwide Asset eXchange in December 2019. The collection featured digital cards akin to classic games like Pokémon or Magic the Gathering. 

RAC, who put out a tokenized version of his “BOY” album on mixtape last year, released a three-part NFT series called “Elephant Dreams” via SuperRare, which sold for a combined total of 111 ETH (around $140,000 at today’s prices). Each piece was unique and featured exclusive music from RAC accompanied by visuals. 

The U.S. DJ 3LAU has also embraced the format, minting one-of-a-kind tokens representing songs in his music catalog. He also joined forces with visual artist Slime Sunday for a Nifty Gateway drop in October.

The possibilities of a tokenized world have also caught on among some of rap’s biggest names in recent months.

The American rap star Lil Yachty recently raised $16,050 for a crypto collectible. It was released to celebrate the launch of his new social token, $YACHTY, released via the social money app Fyooz. Soon, Lil Pump will drop his own token via the platform. 

Disclosure: At the time of writing, the author of this feature owned ETH, among a number of other cryptocurrencies. 

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: Read Full Article