Yuga’s Meebits teams up with WarpSound to release new NFT music album

Neither the author, Tim Fries, nor this website, The Tokenist, provides financial advice. Please see our website guidelines before making any financial decisions.

Yuga Labs’ Meebits announced that they just released their “Meebits Turn On” album. The album can be found on several major streaming platforms, and Meebit holders can collect free NFTs based on its release by December 31st.

Meebits release “Meebits Turn On” album with WarpSound

As part of its journey to become a $4 billion media company, Yuga Labs acquired both Cryptopunks and Meebits from Larva Labs in early March 2022. At the time of the acquisition, Meebits was a collection of 20,000 3D voxel characters on Ethereum- the blockchain. At the beginning of November, Yuga entered into a collaboration with Authentic Artist’s WarpSound.

Finally, on December 21st, Meebits announced the fruits of their collaboration with WarpSound – an album titled “Meebits Turn On” that can be listened to for free on Spotify, Apple Music and Amazon Music. Furthermore, all holders of a wallet with at least 1 Meebit in their collection – based on a snapshot taken on December 20th – can claim ERC-1155 NFT based on the release by December 31st while only paying for the gas fees.

We launched the MB1 with a digital boombox that featured nine original AI-powered songs created by our friends at WarpSound. Today, we’re releasing the entire “Meebits Turn On” album – including 13 new, never-before-heard songs – on major music streaming platforms, and WarpSound is offering it as a digital collectible for Meebit owners.

Meebits is too makes all songs from the album free to use, redistribute or remix under the Creative Commons license. People who would rather not link their wallet to the mint site when claiming the ERC-1155 NFTs can also set up a “warm wallet” with warm.xyz and get their collectibles that way.

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NFTs and music through 2022

While low search interest in NFTs this summer sparked some concerns about the future of these digital collectibles, they have so far proven their resilience as more and more companies seek to expand into non-fungible tokens. In fact, in December, NFT became the most discussed crypto-related keyword in the world.

The year also saw an increasing overlap between non-fungible tokens and the music industry. In June, Eminem and Snoop Dogg released a music video featuring Yuga Labs’ own Bored Ape Yacht Club. In September, Muse became the first band to top the UK charts with an NFT album.

The greater interest in non-fungible tokens from the music industry was also evidenced this year. Warner Music Group recently partnered with OpenSea to enable some of its artists to promote their communities using Web3 tools, and both firms expressed hope that the new features will lead to greater discovery and engagement.

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Do you think there will be more NFT music albums in 2023 than in 2022? Let us know in the comments below.

About the author

Tim Fries is the co-founder of The Tokenist. He has a B. Sc. in mechanical engineering from the University of Michigan, and an MBA from the University of Chicago Booth School of Business. Tim served as a Senior Associate in the investment team at RW Baird’s US Private Equity division and is also a co-founder of Protective Technologies Capital, an investment firm specializing in sensing, protection and control solutions.

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