Charles Hoskinson To Launch Three-Time Grammy Nominee Paul Oakenfold’s Album On Cardano
01 October 2021 - 9:00AM
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The release of smart contracts capability on Cardano has brought
with it some interesting projects. Cardano had revealed multiple
partnerships over the course of its two-day Cardano Summit. These
projects aimed at increasing utilizing the capability of the
blockchain to its fullest potential. But before smart contracts had
debuted on the platform, non-fungible tokens (NFTs) had been
supported. Cardano network has seen thousands of NFTs being minted.
This had been actively encouraged by the developers in order to
entice the community into using the blockchain as its default for
minting NFTs as opposed to well-established networks like Ethereum
and Solana. The latest iteration of the network promoting NFTs on
the network has come in the form of founder Charles Hoskinson
releasing dance artiste Paul Oakenfold’s album as an NFT on
Cardano. Hoskinson Teams Up With Paul Oakenfold Celebrities have
taken to NFTs like fish to water. From athletes to musicians, NFTs
have presented as a new way for public figures to stay connected
with their fan base, while also monetizing their image. Now,
founder Charles Hoskinson is taking it one step further as he
partners with Paul Oakenfiled to release the DJ’s album as an NFT
on Cardano. One of @ethereum's original co-founders, @IOHK_Charles,
is working on a collaborative album with dance music legend
@pauloakenfold.https://t.co/WUgw3AV2XF — EDM.com (@TheEDMNetwork)
September 29, 2021 Related Reading | Cardano Summit Sees
Launch Of Exciting New Partnerships The announcement was made at
the just-concluded Cardano Summit and will cover everything from
Oakenfield’s album, down to its cover art and notes. The dance and
trance DJ who is of British descent has been nominated for three
Grammy Awards over the course of his career and is regarded as a
legend in the EDM scene. Hoskinson has been working closely with
the artiste to bring the project to life on the blockchain. The
founder believes that blockchain technology is important for the
future of the music industry and is interested in how this will
work. “Getting to learn about the electronic music industry and how
the blockchain can support it has been a revelation,” Hoskinson
said. Bringing Music To Cardano Oakenfield’s album will not be the
first, nor the last, to bring music to the blockchain as NFTs. For
Cardano alone, multiple music and music-related acts have brought
their talent to the world through the network. Related Reading
| EMURGO To Invest $100 Million In Cardano To Bolster DeFi
Adoption Most notable of these had been the launch of ZZ Top
frontman Bill Gibbons’ music NFT collection on the blockchain.
Auction for Gibbons’ collection had run in the same time frame as
the Cardano Summit, and it included 30-second original jam sessions
digital music by Billy Gibbons and one Golden Ticket which
conferred a 20-minute one-on-one session with the artiste. Earlier
this month, the blockchain had seen the launch of the first-ever
music label to be launched on the blockchain. $GREED is a crypto
music label that was launched on the ecosystem as a smart contract.
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