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David Bowie unreleased record debuts as music NFT

David Bowie unreleased record debuts as music NFT
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A previously unreleased version of David Bowie’s “Let’s Dance” surfaced as a limited edition collection of nonfungible tokens (NFTs).

Gala Music, a subsidiary of the Web3 startup Gala Games, has joined forces with music producer Larry Dvoskin and publisher Warner-Chappell Music to unveil an unreleased version of David Bowie’s 1983 track “Let’s Dance” as a limited edition collection of NFTs. The announcement was made on Thursday, 6th March.

David Bowie created an impressive discography that included 27 studio albums, 11 live albums, 4 soundtracks and 128 singles during his lifetime. However, despite his passing in 2016, it seems that the singer-songwriter still has one unheard track remaining.

Gala Music plans to launch 3,003 NFTs that showcase Bowie-inspired artwork on April 14th, four decades after Let’s Dance’s original release. Each NFT will grant its owner exclusive access to an unreleased version of the song, which Dvoskin co-produced with Bowie in 2002.

The NFTs will be available for purchase on a “pay-what-you-wish” basis, and the initial profits from their sale will go towards supporting MusiCares, a charity that offers health and human services to individuals in the music industry.

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The upcoming release next week will not be the first time that the Bowie Estate has ventured into blockchain technology. Last September, the Bowie Estate collaborated with OpenSea marketplace to introduce a collection of NFTs called “Bowie on the Blockchain,” aimed at raising charity funds. However, this collection faced significant criticism from Bowie’s supporters, who viewed the foray into blockchain as contradictory to the artist’s principles and beliefs.

Gala Games is primarily recognized for its Web3 gaming initiatives, allowing developers to create play-to-earn crypto and NFT games, but it has also expanded its interests to include music and film.

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Source: Cointelegraph.com

The post David Bowie unreleased record debuts as music NFT appeared first on Crypto Breaking News.

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Text source: Crypto Breaking News

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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