Blockchain-partnered music production is the future of hip-hop
The music industry is going through yet another change to make track recording and entertainment much more enticing for artists. All this is thanks to blockchain technology. Various artists around the world are joining the crypto investment world and many of them can be found in many hip hop loving nations around the world.
The biggest icons are legendary rappers from the USA, namely Snoop Dogg, Ne-Yo and Akon. They partner with companies that develop entertainment using non-fungible technology (NFT) assets. In Africa, Henry Coco-Bassey, or Hector, is also giving Nigerian artists the platform they deserve through NFT trading.
South African artists, Anatii and Cassper Nyovest are also prominent figures in the crypto world. Both artists are known to be among the continent’s top investors as well as ambassadors for various crypto-based companies. Here’s a little more information on all the top news showing crypto’s involvement in the music industry:
Stage11 to bring global hip-hop artists to the metaverse
Stage11 is a development company based in Paris, France dedicated to innovative entertainment using NFT technology. Their mission is to recreate music for Metaverse, a virtual reality space built on a blockchain network for gamers and content creators. In 2022, they are working with global hip-hop stars, Snoop Dogg, Ne-Yo and Akon.
The studio has raised $5,770,000 to turn their recorded performance into an immersive concert in the metaverse. Stage11 provided cutting-edge technology to deliver this work into a high-definition experience for all hip-hop fans. What is most impressive is the metaverse’s potential for interaction, and Stage11 aims to explore all features to make the most of the collaboration with top-ranked artists.
Other than Snoop Dogg, Ne-Yo and Akon, Stage11 also promises to work with other artists dedicated to working with NFT music. Such plans are still open to interpretation with no set date for first viewing yet. Once available, fans can experience them whenever they want in the metaverse.
Hector uses NFT to transform the music industry
One of the main contributors to crypto’s rapid assimilation in the music industry is Hector. He is a Nigerian music producer who started his career when he was in high school. His inspiration to pursue NFT innovation in music production was due to his frustration with the way the business side works. He continues to make music but cannot earn it despite his hard work with the record companies.
He stopped making music for a while to understand more about the music industry. An idea clicked and he launched his record label called Unique Sirius. This label publishes music like NFT and he is the first to introduce it to Africa. His first artists were from the US and UK, and eventually local talent joined the NFT-centric music production. In doing so, he helped many artists earn reasonable income from their passion while kick-starting tokenized music in Africa.
Anatii and Cassper Nyovest will collaborate on the last track
Anatii and Cassper Nyovest teased a collaboration on social media. The latter posted a picture of the former with the caption ‘this broker can’t stop talking about NFTs. Are we even going into the studio?’. This is a hint that they are working together on a track and NFT is involved in the scheme. There are no details on their partnership yet, but it’s highly likely thanks to both artists’ direct involvement in the crypto business.
Anatii is a well-known investor and promoter of Web3 development, so much so that he added ‘.eth’ to his Twitter handle. This is only done by Ethereum (ETH) investors and traders. Cassper Nyovest, on the other hand, partners with Sportsbet.io and Bitcasino.io, the world’s leading crypto sports betting site and casino.
Blockchain, crypto and NFT are integrated with the music industry now. What’s next for the future for this surprising combination? The future is bright because all artists involved have proven success through blockchain-based business models. It is also exciting to see that this development is centered around hip-hop.
