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- NFTs have made a significant position in the music industry, and are proving to be a great way of connecting the musicians and their fan base.
- Wexford, a music band based in Ohio is minting its first full-length studio album named Ok Suburbia.
- After all the 200 albums are minted, the band is planning to airdrop 10 Neo Ecosystem NFTs to random wallets.
The Non-Fungible Tokens (NFTs) sector has evolved significantly in the past year, as a lot of current popular NFT projects were launched. The concept of NFTs has been a great way for artists to showcase their talent and have digital ownership of their art. One such sector where NFTs have proven to be effective is the Music industry.
In recent years, musicians have developed NFTs of their songs and have sold them directly to their fans through the NFT marketplaces. And this has proven to be a great way to enhance the relationship between the musicians and their fan base.
And now Wexford, an alternative rock band based in Huron, Ohio, US is minting its first full-length studio album named OK Suburbia on Sky Hut NFT Marketplace. Ironically the band members got united during the Corona Pandemic in 2020, who are Dave Mueller, Randon Walter, and Andy Kohlmann.
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An Airdrop Planned Following The Mint Of All 200 Albums
This album is stored on the NeoFS and is the first to be released on Neo N3 as an NFT. The minting of these NFTs was initiated on April 1. Every album costs 6 GAS to mint and there is a total supply of 200 to be minted.
Furthermore, the bank has partnered with Los Angeles-based artist Rachele Liba to create a piece of unique album art for every song in the Ok Suburbia album. There are a total number of twelve songs in the OK Suburbia NFTs. Once the purchaser mints an album, he would receive one NFT for each song and the associated cover art.
And once all the 200 albums are minted, the band is planning to airdrop 10 Neo Ecosystem NFTs to random wallets. The airdrops will consist of TOTHEMOON Character types, a ForTheWin RUNE, and Humswap BOWLs, ANS, Tigers, and ANC NFTs.
The NFTs and Music space are still in their evolving stages as partners. The artists are constantly exploring the possible use case for their NFTs. The use cases can include, meetups with the artists, access to special events, discounted passes for concerts, and a lot more.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
