The tokens were minted by blockchain ticketing platform, Yellowheart Founder and CEO Josh Katz told, Kings of Leon is the first band to release an NFT album, although other musicians, such as Linkin Park’s Mike Shinoda, have also. All rights reserved. Copyright © 2021 InvestorPlace Media, LLC. Here’s a Detailed Breakdown of Radio Monitoring Companies, Mumford & Sons Banjo Player Is ‘Taking Time Away From the Band’ After Severe Backlash From Fans, Gibson Is Charging Thousands of Dollars to Perfectly Age Your Guitar, DJ 3LAU Breaks Sales Records with $11.6M in Sales During NFT Auction, Kings of Leon Becomes the First Band to Release an Album as an NFT, NFT Artwork Is Blowing Up In the Music Industry — Grimes, Steve Aoki, & More Are Making Millions Selling Digital Artwork, Lindsay Lohan Cashing In On Daft Punk Split with $15K NFT on Rarible. Sales of the collection amounted to 766.4 ETH. Save my name, email, and website in this browser for the next time I comment. Kings of Leon, the Tennessee rock band known for such late-2000s hits as “Sex on Fire” and “Use Somebody,” are releasing their new album in NFT form. Kings of Leon is offering its album package with a vinyl and digital download for a token priced at $50. Kings of Leon is the first band to release an NFT album, although other musicians, such as Linkin Park’s Mike Shinoda, have also sold music via non-fungible tokens. Vinyl prints won’t be available to purchase until March 19. Kings of Leon has raised $1.4 million from a landmark NFT auction. The Grammy-winning … It Ain’t All Daisies & Butterflies — Our Latest Podcast, 9 Out of 10 Musicians Say Their Mental Health Has Deteriorated During the Pandemic, CTS Eventim Cancels German Music Festivals Including Deichbrand, Hurricane, and Southside Due to COVID Concerns, K-Pop Returns to Spotify After Licensing Row Settled With Korean Label Kakao M, Apple Podcasts Latest Update Adopts ‘Follow’ vs. ‘Subscribe’ – Here’s Why, Joe Rogan Says Spotify Is ‘Slowly But Surely Getting Its Sh-t Together’ On Its Podcast App, What Streaming Music Services Pay (Updated for 2021), Is Your Song Being Played on the Radio? In a first-of-its-kind launch, GRAMMY Award-winning Kings of Leon dropped the first-ever new album released in NFT format quickly becoming one of the most successful wide-scale use of NFTs within the music industry to date. Because NFTs are unique, they resemble works of art. Kings of Leon's new album will be released as NFT for fans to unlock special perks. Kings of Leon has raised $1.4 million from a landmark NFT … Band raises over half a million dollars directly benefiting Live Nation’s Crew Nation. The value of ETH fluctuates and could rise or fall if the band holds onto their gains instead of converting them to a fiat currency. Kings of Leon would drop three types of tokens as part of a series called “NFT Yourself,” according to people involved in the project. And one keystroke by a cool teenage hacker will wipe it all out. Kings of Leon Minting NFTs. In their latest announcement, the group said that it will release its new album “When You See Yourself,” in the form of NFT. }, one  +   =  two .hide-if-no-js { Kings of Leon NFT Album: 17 Things to Know as the Rock Album Goes Digital, Altimeter SPAC in Talks to Take Ride-Sharing Startup Grab Public >>> READ MORE, two front row seats for any headlining Kings of Leon show, potential applications for blockchain technology regarding concert tickets, NFTs as just beginning to scratch the surface of that transformation, recent sales by less-widely known artists such as electronic musician Yaeji have netted huge profits, A Golden Buying Opportunity Amid the Recent Tech Sector Meltdown, The Tech Selloff Has Created a Solid Buy Opportunity in Cloudflare Stock, Louis Navellier and the InvestorPlace Research Staff. First Rock Album on NFT After taking a four-year hiatus from music, the Kings of Leon will be releasing their eighth music album. display: none !important; }. “Breaking new ground is never easy, if it were, it wouldn’t be groundbreaking,” the Kings of Leon wrote. 1125 N. Charles St, Baltimore, MD 21201. Three types of NFT … Here’s what investors should know about the new album, “NFT Yourself,” coming out Friday, March 5: On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article. Kings of Leon, the Tennessee rock band known for such late-2000s hits as “Sex on Fire” and “Use Somebody,” are releasing their new album in NFT form. The Kings of Leon are releasing a digital art collection drop, NFT YOURSELF, this Friday, March 5, that includes real-world vinyl and one-of-a-kind experiences.The Legacy NFT (non-fungible … The third type would be reserved for exclusive audiovisual art. One of the new pioneers of the NFT album and music movement, Kings of Leon, alongside technology partners YellowHeart and longtime creative partners Night After Night, are breaking ground for the music industry with the release of Kings of Leon’s eighth studio album, When You See Yourself, as an NFT. Kings of Leon is releasing a series of NFT tokens alongside their next album, “When You See Yourself.” Those NFTs will variously contain the album, art, and show tickets. So, go ahead and buy the Kings of Leon NFT. Kings of Leon made a splash last week with the announcement of "NFT Yourself," a collection of NFTs released alongside the new album When You See Yourself. Kings of Leon have become the first band in the world to release their new album as a non-fungible token (NFT), a seemingly progressive move but is it actually good for the music industry … Kings of Leon will become the first-ever band to release an album as an NFT (“non-fungible token”), when their latest record When You See Yourself drops this Friday (5 March). Kings of Leon will be the first rock band to release their new album as a non-fungible token (NFT). Why Kings of Leon Releasing an NFT Is Not a Revolution for Musicians. That increases the scarcity of the tokens that were bought by fans. He managed to break crypto records by bringing in more than $11 million in less than 24 hours. Kings of Leon's new album will be released as NFT for fans to unlock special perks. "10 days", reads the caption of the video. Kings of Leon made history when they released their eighth studio album, When You See Yourself, last week.In addition to the standard digital and physical formats, they also became the first band ever to make a record available as a non-fungible token (NFT… Kings of Leon is releasing a series of NFT tokens alongside their next album, “When You See Yourself.” Those NFTs will variously contain the album, art, and show tickets. The Grammy-winning … Comparing that token to the “NFT Yourself” project would be unfair; the Yaeji sale was a one-off, compared with “open releases” that will mint as many tokens as people buy from Kings of Leon and YellowHeart within the sale period. Yaeji averages 1.1 million monthly listeners on. Kings of Leon Minting NFTs. While it is difficult to predict the price of an NFT, Yaeji’s NFT was a “digital pet,” essentially a short video of a doodled fish. There’s only one OG Mona Lisa, and if you buy it, then it’s yours. Kings Of Leon To Become First Band To Release NFT Album. Popular rock band Kings of Leon will be the first band to release an album as a non-fungible token (NFT). Sales of the auction have been extended for 24 hours, with it now concluding on March 20. What Does The Art Market Have To Do With All This? The collection was entitled “NFT Yourself” and was released in partnership with crypto start-up, Yellowheart. YellowHeart is facilitating the NFT sales where Kings of Leon will release their newest album. quotes delayed at least 15 minutes, all others at least 20 minutes. All rights reserved. The tokens will be auctioned by YellowHeart starting Friday, Mar. display: none !important; Kings of Leon have become the first band in the world to release their new album as a non-fungible token (NFT), a seemingly progressive move but is it … Kings of Leon will become the world's first band to ever release an album as an NFT (non-fungible token) this Friday (05.03.21).The 'Sex on Fire' hitmakers' fans will … Investing In Music Catalogs? Kings of Leon uploaded instructions for clues via his social media. No, it was because they decided to release their latest album ‘as’ (or “ in the form of”) a non-fungible token. That’s Live Nation’s fund for supporting live music crews who are affected by the pandemic. At the forefront of this new wave, Kings of Leon has set the bar for innovation in this high-tech world. Kings Of Leon NFT Album disappointment GENERAL-NEWS I was initially interested in buying the NFT version of Kings of Leon's New album but it's a hard pass since the only download option is in MP3 not in FLAC or any other lossless codec. Crucially, they have taken… Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Anyway, as Rolling Stone reports, in Kings of Leon’s case, the band are dropping three different tokens as part of a series called NFT Yourself. The Kings of Leon have generated around $1.45 to $2 million in their NFT album sales. Kings of Leon will make history when they release their eighth studio album, When You See Yourself, on Friday. NFT News: Rock Band Kings of Leon Plans to Release New Album As An NFT Coingape 6 days ago Published on March 04, 2021 09:41 GMT+0 edited on March 04, 2021 10:01 GMT+0 Kings of Leon is poised to make history as the first band to release an album as a non-fungible token, or NFT, a cryptographic way to buy and sell digital art and media. Unsold editions of the Kings of Leon token will be ‘burned’ at the end of the auction. It'll be available as three types of tokens, in addition to being on other platforms like Spotify and Apple Music. Coupang IPO: When Will Coupang Go Public? According to the magazine, Kings of Leon's album will be released on all the usual platforms— Spotify, iTunes, Apple Music, Amazon—but the NFT version costs $50 and is available on … [ March 9, 2021 ] Top Cryptocurrency to Invest Under One Dollar Altcoin [ March 9, 2021 ] ‘Game changer’ for Maker and Ethereum with Optimism Dai bridge announced Ethereum [ March 9, … And … NFT News: Rock Band Kings of Leon Plans to Release New Album As An NFT American Rock Band King of Leon is the latest to catch up with the NFT bug. Kings of Leon will become the first band in the world to release an album as non-fungible token (NFT) when they launch their latest record When You See Yourself tomorrow (March 5). Do your research. Reality is, the owner has the right to duplicate their digital investment, without taking away the value of the original. Article printed from InvestorPlace Media, https://investorplace.com/2021/03/kings-of-leon-nft-album-17-things-to-know-as-the-rock-album-goes-digital/. The Kings of Leon NFT album will also be simultaneously released to standard streaming platforms. 2021 InvestorPlace Media, LLC. 5. Representatives of the band told Rolling Stone that $600,000 in revenue was going to the Crew Nation Fund. }, 7  −   =  six .hide-if-no-js { Jeez, that’s ludicrous thinking. That NFT collection included never-before-heard music, a custom song written by 3LAU, and custom artwork. Nashville rock group Kings of Leon just made a seven-figure sum from their first NFT collection. In recent days, […] It'll be available as three types of tokens, in addition to being on other platforms like Spotify and Apple Music. Now That the Music Modernization Act Has Passed, Who’s Gonna Run the Damn Thing? Kings of Leon sort un album en « NFT » sur la blockchain, une première. Kings of Leon are releasing their new album as a non-fungible token, or NFT, jumping on the craze for the digital assets akin to bitcoin, in cooperation with the tech startup Yellowheart. Pioneers of the NFT (Non-Fungible Token) album and music movement KINGS OF LEON, with tech partners YELLOWHEART and creative partners NIGHT AFTER NIGHT, break ground with the … Over the past couple of years, a handful of popular artists have turned to this form of cryptocurrency as a way to combat the decline of music sales, and a way to build new links with their fan base. 8  −   =  3 .hide-if-no-js { The Kings of Leon NFT sale may be the first full album released by a band as an NFT, but it is just the latest in a series of highly successful music NFT auctions. Your email address will not be published. The tokens will be … The new Kings of Leon album ‘When You See Yourself’ will be the first in the world to become available as a non-fungible token (NFT). 7 Value Stocks To Buy if the Market Falters, The Kings of Leon NFT album will be sold via. One of the new pioneers of the NFT album and music movement, Kings of Leon, alongside technology partners YellowHeart and longtime creative partners Night After Night, are breaking ground for the music industry with the release of Kings of Leon’s eighth studio album, When You See Yourself, as an NFT. “When You See Yourself” is the band’s eighth studio album, and their first foray into the world of Web 3.NFTs are non-fungible tokens —cryptographically secured assets that work as digital collectibles. ×  six  =  24 .hide-if-no-js { Kings of Leon to Release New Album as NFT With Tokenized Tickets for Superfans Kings of Leon will release their new album as a non-fungible token (NFT), becoming the first rock band to do … 3 Big Stories to Watch. Kings of Leon is poised to make history as the first band to release an album as a non-fungible token, or NFT, a cryptographic way to buy and sell digital art … The Kings of Leon NFT is recorded on a blockchain but cannot be transferred, making it a unique collectible. A Oregonian with her finger on the pulse of multiple industries and how they interact in new and innovative ways, King is also a noted expert on Nintendo Switch. Ashley King is a noted authority and respected journalist in gaming, tech, and music. 3LAU’s fans are familiar with the crypto scene, while Kings of Leon’s fans needed an introduction. Kings of Leon to Release New Album as NFT With Tokenized Tickets for Superfans Kings of Leon will release their new album as a non-fungible token (NFT), becoming the first rock band to do so. The Kings of Leon are releasing a digital art collection drop, NFT YOURSELF, this Friday, March 5, that includes real-world vinyl and one-of-a-kind experiences.The Legacy NFT (non-fungible token) drop coincides with the release of the band’s 8th studio album, When You See Yourself, also out worldwide this Friday. 1125 N. Charles St, Baltimore, MD 21201. Additionally, the Yaeji token benefits much more from scarcity (there is only one), while even the “limited releases” by Kings of Leon will have at least 500 editions of each token. Kings of Leon is the first band to release an NFT album, although other musicians, such as Linkin Park’s Mike Shinoda, have also sold music via non-fungible tokens. Nasdaq Kings of Leon announce 'When You See Yourself' LP, plus the band delivers us fresh songs Along with the normal places you find new music (on shelves and streaming), the band has partnered with YellowHeart, an NFT mint and wallet system which functions like Bitcoin but instead of holding money, NFT's (non-fungible tokens) hold assets -- like music, art, or concert tickets. Share this article. One type is a “special” album package, while a second type would offer live show perks such as front-row seats to a Kings concert for life. The rock band Kings of Leon has announced that fans and collectors alike will be able to purchase their next album called "When You See Yourself" as an NFT via YellowHeart (a ticketing and music NFT platform). One of the new Pioneers of the NFT album and music movement, Kings of Leon alongside technology partners, YellowHeart and Night After Night, is breaking ground for the music industry with the release of Kings of Leon’s eighth studio album, When You See Yourself, as an NFT. Popular band Kings of Leon will be releasing their new album “When You See Yourself” as a non-fungible token (NFT), according to Rolling Stone. However, we can use the artists’ relative popularity to gauge the potential “hype” around the “NFT Yourself” token compared to the Yaeji token. Short-Sale Restrictions: What to Know About the SSR Stocks Rule as GME Moves Wildly, CPNG Stock IPO: 8 Things to Know as Coupang Starts Trading Today, 8 Biotech Penny Stocks for Investors to Watch. Kings of Leon made a splash last week with the announcement of "NFT Yourself," a collection of non-fungible tokens the band put up for sale through blockchain technology company … American rock band Kings of Leon is set to become the first rock band to release an album as a non-fungible token (NFT). Ethereum is the cryptocurrency blockchain that enables the sale of non-fungible tokens – a type of smart contract proving ownership. Over the past couple of years, a … Ashley is a longtime author on publications like Phandroid, Ninty Gamer, and Digital Music News. The collection contained the Kings of Leon’s new When You See Yourself LP, in a first-of-its-kind offering. All right, we know this is a countdown. Kings of Leon will become the world's first band to ever release an album as an NFT (non-fungible token) this Friday (05.03.21).The 'Sex on Fire' hitmakers' fans will be able to purchase 'When …
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