Celia Inside has introduced a new music NFT collection on Celosphere, marking an important milestone for the platform. The launch features 1,000 NFTs, each priced at 3 CELO. Half of these NFTs include the original track, while the remaining half showcase a remix.
These NFTs are among the first music NFTs offered on Celosphere, making this release a noteworthy event in the platformβs history. Music NFTs, which are digital tokens representing ownership of a specific track or album, are gaining popularity in the web3 space. They provide artists with new ways to engage with fans and directly monetize their work.
These NFTs can represent anything from a single track to an entire album, granting exclusive ownership or access rights to the buyer. This release coincides with a recent surge in the NFT market, which saw a 23.4% increase in sales between Aug. 19 and 24, reaching just under $100 million in total sales. The rise in activity was accompanied by a nearly 43% increase in NFT buyers, totaling 468,822, and a 41% rise in sellers, reaching 223,433.
NFT traders are increasingly interested in blue-chip collections and emerging projects, indicating a growing market for innovative digital assets.
Details of the NFT Drop
The drop, titled βiridescent wave: remix party,β features two versions of the track βShow You How.β The original song is an upbeat dance anthem, and it is paired with a remix by Venezuelan-American drag performer saltΓ―, who won a remix contest organized in June during Pride Month.
Celia Inside is a web3 artist-producer active since 2021 and was selected as a finalist for the Celo Creators Fund by Boys Club. Her blog, βiridescent wave,β highlights women and QPOC artists in the web3 scene.
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