Kings of Leon Earn $2 Million With NFT Album & Audius (audio) Hits New All Time High (Crypto News)

Kings of Leon Earn $2 Million With NFT Album & Audius (audio) hits new All Time High
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’Breaking new ground is never easy’ — Kings of Leon's NFT release takes in $2M

The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or 820 Ether, in sales in its first five days according to figures on the Open Sea platform.

However Rolling Stone reports that a band representative estimates the revenue is above $2 million, with $600,000 of that going to the Crew Nation Fund for supporting live music crews affected by the pandemic.

The income generated so far is significantly less than crypto influencer and DJ 3LAU’s recent album NFT drop which generated more than $11 million in under 24 hours. The electronic music producer auctioned off 33 NFTs in celebration of the 3rd anniversary of his Ultraviolet album, which included never heard before music, custom songs, and custom art.

However, 3Lau's crypto savvy audience is very different to Kings of Leon's more mainstream following.

As part of the release, KOL dropped six golden tickets which all have six copies up for auction. The golden ticket NFTs offers fans a unique VIP experience which consists of four-lifetime front row tickets to one headline show per tour, band meet and greets, four sets of tour merchandise, transport to shows, backstage hospitality, and more.

One of the golden tickets fetched 89 Ether, or $160,000. The drop also includes a tokenized albums, animated GIFs and artwork.
https://cointelegraph.com/news/breaking-new-ground-is-never-easy-kings-of-leon-s-nft-release-takes-in-2m

3 million active users help lift Audius (AUDIO) to a new all-time high

As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today's most used technologies is bound to increase. This means that it's only a matter of time before video streaming, digital music and social media see gradual blockchain integrations take place.

Audius (AUDIO) is one project that is chasing the first-mover advantage in the music streaming sector. The music-sharing and streaming protocol facilitates transactions between creators and listeners, making it relatively effortless for users to distribute and monetize audio content.

The first major increase in users followed the project’s October 2020 launch and the activation of staking on the Audius platform in December. This enabled AUDIO holders to earn a 7% yield for tokens that were staked on the network while they listening to music and interacted with the protocol.

By the end of January, the platform had 1.8 million active users and a total of 122 million AUDIO tokens staked on the network. These figures have since increased to 3 million users and a total of 182.5 million staked AUDIO as the platform continues to integrate new features that incentivize community involvement.

As blockchain technology continues to become more prominent in mainstream society, Audius appears well-positioned to become a leader in the streaming music space thanks to a rapidly expanding user base and a growing list of incentives that entice users to stay active on the platform.
https://cointelegraph.com/news/3-million-active-users-help-lift-audius-audio-to-a-new-all-time-high

Видео Kings of Leon Earn $2 Million With NFT Album & Audius (audio) Hits New All Time High (Crypto News) канала Randy Jarosz