DAO Records is an NFT record label, aiming to empower musicians and connect them in a more wholesome way with their fans.
Musician and artist Grimes, whose real name is Claire Boucher (also known as former love interest of Elon Musk), announced an NFT auction of her songs on Twitter a day before the collection went on sale. The collaboration with her brother Mac Boucher boasts a series of 10 pieces — some unique, others with thousands of copies — and went up for sale on Nifty Gateway. The highest-selling piece was a one-of-a-kind video called “Death of the Old” going for around $400,000, with the entire auction amassing around $6 million worth.
Justin Lau, also known as 3LAU, decided to build up his own NFT music platform after getting some initial success with own NFT drops. On Royal, artists decide the percentage of the song to put up for sale and determine what additional perks and benefits they will provide to their fans. The song is then tokenized, and fans can buy the token and claim their share of the royalties after it accrues, with payout times depending on the artist.
Star rapper Snoop Dogg has released a 10,000 NFT strong avatar collection of custom-curated Doggies, which will be available for use in The Sandbox. The collection is based on 7 main Doggie types with 150+ traits and quickly sold out.