Popular rock band Kings of Leon will be the first band to release an album as a non-fungible token (NFT).
According to Rolling Stone, on Friday the group will release the album, titled "When You See Yourself," along with three types of tokens. The first type of token will be a special album package, the second will offer holders perks like front-row tickets for life, and the third will be for "audiovisual art."
All of the tokens will come with art created by the band's creative partner, Night After Night. Blockchain startup YellowHeart is managing the technical side of the album's release, including the development of smart contracts.
Kings of Leon joins a growing group of professional musicians that are planning to release NFTs, including Portugal. The Man, Shawn Mendes and Grimes.
In this example historical case study, Bitcoin mining with Blockware Solutions was a potential way to accelerate the returns of investing in Bitcoin in 2021. All data in this case study was sourced publicly from The Hash Rate Index (historical rig prices) and Glassnode (Bitcoin price and network difficulty).
Eric Adams, the mayor of New York City, made good on a previous pledge by receiving via automatic conversion his first paycheck in the form of cryptocurrency. According to a Thursday morning statement from the mayor’s office, Adams’ paycheck was converted into BTC and ETH. “New York is the center of the world, and we […]