{"id":81429,"date":"2021-03-05T17:01:52","date_gmt":"2021-03-05T17:01:52","guid":{"rendered":"https:\/\/news.cred.ai\/?p=81429"},"modified":"2021-03-23T14:33:39","modified_gmt":"2021-03-23T14:33:39","slug":"kings-of-leon-is-the-first-band-to-release-album-as-nft","status":"publish","type":"post","link":"https:\/\/cred.ai\/news\/2021\/03\/05\/kings-of-leon-is-the-first-band-to-release-album-as-nft\/","title":{"rendered":"Kings of Leon is the First Band to Release Album as NFT"},"content":{"rendered":"

Tennessee-based band Kings of Leon is making history with its newest project. When You See Yourself<\/em> was released today as a non-fungible token, or NFT, making them the first band to release an album in this format, according to Rolling Stone<\/a>.<\/p>\n

Fans can purchase the album on the ticketing platform, YellowHeart, which is based on blockchain, according to Variety<\/a>. It is available for $50, according to The Guardian<\/a>. This album is the first time fans can purchase a release on blockchain the exact same day as it is released on streaming services.<\/p>\n

\u201cOver the last 20 years \u2013 two lost decades \u2013 we\u2019ve seen the devaluation of music,\u201d Josh Katz, CEO at YellowHeart, said. \u201cIt\u2019s early stages, but in the future, I think this will be how people release their tracks. When they sell 100,000 at a dollar each, then they just made $100,000.\u201d<\/p><\/blockquote>\n

YellowHeart will also be providing two additional crypto packages to fans. It is auctioning off six \u201cgolden tickets.\u201d<\/p>\n

They feature perks, including four front row tickets to a Kings of Leon show of the fan\u2019s choosing and has no expiration date. Another prize is six different art pieces marking the album\u2019s release and Kings of Leon\u2019s achievements. That auction goes live at noon EST today.<\/p>\n

However, the rock band\u2019s album is also being released on Apple Music, Spotify, and other standard streaming services. It marks the band\u2019s first album in four years, according to Yahoo News<\/a>. The 11-track album was written and recorded before the beginning of the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tennessee-based band Kings of Leon is making history with its newest project. When You See Yourself was released today as a non-fungible token, or NFT, making them the first band to release an album in this format, according to Rolling Stone. 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