[ad_1]
Atlantic Records artist Arden Jones wants to pay parking tickets for strangers, and he’s selling Ethereal NFT of his hit song to finance the project.
The 21-year-old singer-songwriter’s single “Parallel Parking,” which has amassed nearly 25 million streams to date on platforms like Spotify and Apple Music, was recently released via music. NFTs platform sound.xyz to support the Jones “Parallel Parking Fund”.
Fans can submit their unpaid parking tickets to the project via Twitter or Instagram, and all proceeds from the NFT sale go into a community wallet to pay for as many randomly selected submissions as it can.
For 0.05 ETH (about $80), collectors can purchase the song’s NFT through Sound.xyz and contribute to the fund in the process. NFT’s release coincides with the two-year anniversary of the song’s original release, which led to the artist’s viral success and her eventual signing to a major record label.
“A lot of parking tickets (especially in Los Angeles) are given unnecessarily and excessively,” Jones said. decipher via email. “I also feel that so many ‘No Parking’ signs in Los Angeles are confusing on purpose and are set up to make money, not restrict parking where it’s necessary.”
So far, only 18 parallel parking NFTs out of a total of 100 have been sold, for a total of 0.9 ETH in funds (around $1,440) before the conclusion of the drop this afternoon. While just under 1 ETH in sales isn’t much in the crypto world, you could pay a number of parking tickets by linking Web3 to a fun promotion that benefits fans and followers.
Sound.xyz is one of the emerging platforms in the emerging NFT music market, providing a way for artists to connect directly with fans and allowing collectors to potentially share their own growing success with an asset that could increase in value and demand.
The platform has hosted releases from artists like Snoop Dogg, RAC and Pussy Riot, and grossed $5 million in 2021 in a round led by VC giant Andreessen Horowitz.
Jones said he’s been interested in Web3 for some time leading up to this release and has released tour products that incorporate a chip. by IYK, a startup that authenticates physical items via NFT. Touching a phone with the chip in the merchandise unlocks an NFT and previously unreleased music for owners, she explained. Jones has also NFT artwork given away tied to a music release.
One of the NFT buyers, collectors and investors of “Parallel Parking” music Cooper Turleysaying decipher that it was “rare to find someone breaking into traditional platforms spending the time cultivating their Web3 strategy.” Turley is also an investor in Sound.xyz.
“I know that not all of my fans are familiar with the Web3 space,” Jones said of his moves, “so I want to make it as easy to access as possible.”
Stay on top of crypto news, get daily updates in your inbox.
[ad_2]