Unreleased David Bowie music to be released as NFT
The collection has 3003 NFTs, and is scheduled to launch on April 14.
An unreleased recording by the late English singer-songwriter, David Bowie, is to debut as a music NFT. According to a Decrypt report, Gala Music has teamed up with music producer Larry Dvoskin and publisher Warner-Chappell Music to facilitate the launch. Gala Music – a subsidiary of Gala Games – and partners will release an unheard version of Bowie’s 1983 hit song “Let’s Dance” via a limited series of non-fungible tokens (NFT).
The collection has 3003 NFTs, and is scheduled to launch on April 14. Meanwhile, the significance of the launch date may be worth noting, especially since it comes exactly 40 years after “Let’s Dance” originally debuted.
Dvoskin had produced the unheard version of the song with Bowie back in 2002 and has been eager for the new track to see the light of day. According to his description of the track, it’s a “more dreamy, electronic” version of the popular hit song.
But as the 40th anniversary of the release of “Let’s Dance” approached, Dvoskin saw an opportunity and approached Bowie’s estate. He thought it was a perfect time to convince them to release the song via NFTs and the rest is history.
According to reports, the collection will feature unique NFTs, each with Bowie-inspired artwork that will give holders access to the unheard version of “Let’s Dance.” The NFTs will be sold on a pay-what-you-want model. However, all initial proceeds from sales will go to music-based charity MusiCares.
David Bowie on Blockchain
It’s also worth mentioning that the upcoming NFT launch isn’t Bowie Estate’s first foray into blockchain. Last September, Bowie’s estate partnered with top NFT marketplace OpenSea to launch an NFT collection called “Bowie on the Blockchain.” And the money raised from that fundraiser also went to charity.
At the time, however, the blockchain experiment raised some concerns among some fans of the late artist. The unimpressed Bowie fans felt the experiment was inconsistent with Bowie’s legacy.
Nevertheless, Bowie’s entire music catalog has been acquired by Warner Chappell Music who paid over $250 million for the collection. And it is known that Warner Music Group’s offshoot is keen to help songwriters exploit the full potential of Web 3.0. In line with this vision, it announced a partnership with web3.0 entertainment incubator Defient last November.
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