Deadmau5 and Portugal The Man release singles for 1 million NFT to fight for platinum

Dance star Deadmau5 and Grammy-winning indie rock band The Man (PTM) of Portugal have jointly released 1 million new single “This is Fine” as an irreplaceable token (NFT).

This single was released on the label Mau5trap of Deadmau5 (whose real name is Joel Zimmerman), with the goal of making this single the first NFT to win a platinum award.

The artists minted 1 million units on the NEAR protocol blockchain, and Released They are on the market Mintbase.During Art Basel’s “Miami Beach” art exhibition, 1 million works are available for purchase exhibit December 2nd.

The remaining singles will be sold as a combination of singles and bundles, each with unique attributes. The bundle unit price is still to be determined.

The announcement promised to “provide various metaverse integrations and rewards for this NFT collector”, but did not provide more details.

According to the Recording Industry Association of America (RIAA) guidelines, the certified platinum sales are 1 million units. Even if the song sold a million copies due to its unconventional release method, it is still unclear whether the song will become a platinum record.

Each NFT is priced at 0.25 NEAR per piece, which is approximately US$2.20-similar to the price of pre-streamed iTunes downloads.

In addition to singles, each NFT also contains unique artwork by PTM art director Wooden Cyclops. He collaborated with Smearballs to create artwork, Smearballs is the artist behind the characters in the Deadmau5 music videos “Monophobia”, “Drama Free” and “Pomegranate”.

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DeadMau5 is no stranger to NFT games. In December 2020, Zimmerman collaborated with augmented reality artist Sutu to create NFT In the light of titan — A 30-second loop of audio response artwork paired with part of the deadmau5 track SATRN.

One month later, in January 2021, he Collaborate with digital artists Mad Dog Jones will release two NFT art collections on Nifty Gateway owned by Winklevoss.

In the same month, PTM launches its crypto token “PTM coins” on the ETH-based Rally network. This token grants fans exclusive access to events and benefits.



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