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Stock impact report

Deadmau5 Wants To Go Platinum With A New NFT Song—And A Bus Campaign At Art Basel Miami Is Helping Promote It [Forbes]

Roblox Corporation Class A (RBLX) 
Company Research Source: Forbes
Album art for a new NFT song created by deadmau5 and Portugal. The Man that was created with... [+]Mintbase.Since the Recording Industry Association of America introduced the idea of “going platinum,” the milestone of selling 1 million albums has been coveted by musicians throughout the evolution of formats. Now, DeadMau5 has a plan to go platinum in the crypto era.Deadmau5—whose real name is Joel Zimmerman— has collaborated with the rock band Portugal The Man on “This Is Fine,” a new single minted as a non-fungible token (NFT) that debuted today. The project also poses somewhat of a public challenge to the music industry: Can an NFT song go platinum if all 1 million copies are sold? While RIAA has a set of standards for streaming and downloaded music, NFTs are new territory.“I’m excited to see how the RIAA recognizes it,” Zimmerman toldForbesThe musicians’ NFT, which went on sale today, was minted on the NFT platform Mintbase using the Near blockchain, an alternative to blockchains s Show less Read more
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