The NFT Music Culture is Changing Lives Around the World

He quickly began to understand the power of the NFT/Blockchain technology and found himself becoming a minister of music as well. We have recently added Mzwakhiwe Nywenya aka: Indigo Saint to our roster of Minting Agents over at www.themusicministry.org. There is a new page up as well featuring key points on his Cottage #47 Artists Association.  

Indigo has added several new artists to our community over the last week, including VI The Law from Harare. VI The Law has sold his first NFT at 100 SOUL. When speaking with VI (Six), he mentioned being completely unsatisfied with the way the music industry has been. “Especially with the pandemic and people not being able to perform, it's been really rough worldwide.” His first NFT was titled “Hope”. He said he wanted to be able to ‘sell Hope’ which also happens to be an original track near to his heart. Now that his first track has sold, he fully believes that this is the way to revolutionize success within the art and music world in Zimbabwe and beyond.

What I love most about these successes taking place in multiple countries now for many independent artists is that it has given a sense of worth to the creative mind that hasn't existed before. For instance, our friend Indigo Saint mentioned to me that if he can do this just 29 more times, he would be able to afford a car, and to be able to help pay for a plane ticket to fly his sister home for a family visit. He understands that he can now truly look at his artistic creativity and expression as a way to fund his life, and to be able to help his family in ways that were never conceivable before NFTs.

His second NFT is up for auction now for 200 SOUL and already has a bid placed.  He only needs 25 more sales left to manifest that car into reality. 

The thing that truly blows my mind is that every bit of the minting process was done on his phone through the d-app available at ghostmarket.io.  Indigo sent a screenshot of the entire minting process with a wallet all from his phone. Mobile NFT technology is happening right now. 

Belladonna gave a rave review when discussing their opinion of the music NFT space:

"Auctioning our song 'New Future Travelogue' as an NFT has been so far a truly exhilarating experience! We found the fact that now a music recording can be—for the first time in history—as unique as a painting on canvas absolutely revolutionary, and we were thrilled that many of our fans and followers saw it the same way. 

It was also an honor for us to have become the first artists in the world to include in the NFT the Master Rights of the song, possibly a new path that I hope many other artists will follow us on, and by the awesome feedback we have received from musicians from all over the world, it has already started happening." 

- LUANA CARAFFA (Belladonna's singer, Italy)

"The press from all over the world recognized the fact that the 'New Future Travelogue' NFT auction might herald the beginning of a new era, and while only time will tell if it will be the case, we have been truly humbled and honored by the incredible media impact our auction has received.

Of course, right now NFT might be seen by many as a fad—even though the media attention NFTs have received in the last few weeks has indeed placed probably impossibly high expectations on the NFT market—the technology in itself can undoubtedly be an amazing tool for artists to free themselves from many middlemen (labels, publishers, managers, etc) and deal directly with people that feel their work matters, just like Renaissance artists did at the time. 

The wonderful people at Ghost Market—the platform on which the 'New Future Travelogue' auction is taking place—have been tremendously supportive to us, as I know they are with every artist on their platform, making the whole journey a true joy!"

- DANI MACCHI (Belladonna's guitarist, Italy)

Hype aside, it’s easy to see how music NFT technology is now on the forefront of changing everything about the way we consume music and art. It’s only a matter of time before many of the fast money platforms become unsustainable. The primary technology is planning to conform to a “Point of Stake” tech in order to become 100x faster than what is currently running. However, right now there is a “proof of stake” technology already doing this, at a rate of 300x faster than the older tech which is seeking layer 2 solutions.  I have spent time with my team searching for the “Top 5 Market Places for Independent Artists to Mint Their Art”, and in most cases all of the platforms are popping up onto the old tech. I believe these gas fees may be the demise of many NFT platforms. I also believe that anyone who can take the time to educate themselves on the minting process over on the Ghost Market will have an incredible (!) advantage over the people sleeping on this, who will undoubtedly find their way here within the next 18-24 months.  

There is no going back.  The time is now, and we are only just getting started.  Pay it forward everyday and teach someone new.  What a beautifully chaotic time to be a creative mind at this crossroads in human history.