Steve Aoki and 3LAU are teaming up to make use of CryptoPunks IP in an thrilling manner. The 2 legendary DJs are forming a metaverse supergroup referred to as PUNX. What can followers count on from the newly shaped band?
Picture Credit score: Cryptoknowmics
What Do We Know About PUNX?
The duo simply introduced they are going to launch their first single referred to as “Focus” on April 28. Not solely will they launch the precise music and idea artwork, however the group may even promote 50% of the streaming rights to the track. Purchasers could have the chance to buy 99 tokens every representing 0.5% possession of the observe. First dibs will go to present token holders of CryptoPunks, A0K1VERSE Passport, and 3LAU’s NFT collections.
These tokens shall be bought on Royal, an funding platform created by 3LAU to assist democratize possession of music rights. By disrupting the prevailing framework of the music trade, Royal makes it simpler for artists to monetize and preserve possession of their content material. Thus far, greater than 11,000 individuals have used to platform to generate over $2m in income.
3LAU remarked, “Releasing Focus as a part of PUNX is a serious second for us. It affords our earliest supporters & believers a novel alternative to co-own the track with me and Aoki. By launching the PUNX undertaking on Royal, we’re not solely pushing inventive boundaries, we’re additionally empowering our neighborhood to be part of our journey and share in our success from day one. It’s a brand new period for music, and I’m proud to be on the forefront of this thrilling motion.”
Steve Aoki can also be excited concerning the new enterprise. He added, “It’s unbelievable to be on the heart of this evolution, not solely constructing neighborhood, however giving again to it instantly. We’re in a position to feed the ecosystem and merge the followers with the artists in a manner that was thought not possible till lately.”
Who’re Steve Aoki and 3LAU?
Steven Aoki is a two-time Grammy nominee artist, DJ, producer, and visionary. He has a 77m common month-to-month attain and his music has been streamed over 4 billion instances. He was an early entrant to Web3 and invested closely in numerous NFT initiatives during the last couple of years.
Aoki has additionally created his personal NFT initiatives. His first undertaking, the “Dream Catcher” sequence, generated over $4m in income. Since that, he co-founded an episodic sequence with Seth Inexperienced referred to as “Dominion X”, curated an NFT assortment with Sotheby’s, and partnered with Seth McFarlane to create a comic book guide artwork market on Solana. Most lately, Aoki shaped an NFT membership-based neighborhood referred to as the AoK1VERSE to share IRL and digital experiences with followers.
Picture Credit score: MusicRadar
Justin Blau, or 3LAU, is a legendary musician and producer. Thus far, he has over 1 billion streams throughout the most important streaming platforms. 3LAU can also be a competition favourite with appearances at EDC Vegas/Korea/Orlando, Extremely, Electrical Zoo, Lollapalooza, and Life Is Stunning. As an early crypto adoptee, 3LAU has been a strong Web3 advocate since getting into the area in 2017.
With PUNX, Aoki and 3LAU look to construct upon their already spectacular Web3 resumes and provides their followers an opportunity to take part within the enjoyable.
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