Public Pressure, the Web3 music community, has teamed up with acclaimed Italian DJ Duo Merk & Kremont for a successful debut nonfungible token (NFT) drop alongside Moonsama.
It has been reported that with the drop, Public Pressure and Moonsama introduce music as a gaming utility for the first time inside the Moonsama metaverse ecosystem.
However, the PODs NFT project sold out in minutes, generating over $2 million in revenue. The PODs NFT collection is a limited edition 3,333 piece drop that allows music to be used in innovative ways as a gaming utility in the Moonsama metaverse. The collection comprises of unreleased tracks by top Italian DJs Mark & Kremont.
The report said that Each of the NFTs in the collection go for $600. The gaming/music project sold out within just days of its launch. The unreleased tracks allow in-game perks to players. Each song by the Italian DJ duo unlocks special in-game features or ‘power-ups’ in the Moonsama multiverse. To clarify, these powers include immortality, speed, resources, slowing down opponents, or invisibility. Players can also equip their in-game avatars with the songs. This also allows them to play the purchased songs in the game.
Sergio Mottola, the President of Public Pressure, said:
“By partnering with Moonsama, we’re bringing NFT music to the Moonsama Metaverse and gaming communities for the very first time. By bridging digital and physical worlds, we’re offering labels and artists a new way forward with innovative formats for their art. The success of this collaborative drop confirms our belief – that the future of music and culture consumption is on Web3.”
Public Pressure was originally a leading music online community and magazine to empower artists and labels. Launched in 2015, the brand has now adopted a completely Web3 path forward. The media company has its headquarters in London with offices around the world.
Thus, Public Pressure builds between music, culture and technology. Public Pressure is built on the Polkadot blockchain. This blockchain has the lowest total electricity consumption and carbon emissions per year of the six proof-of-stake (POS) blockchains. The blockchain itself provides easy transitions from the music industry into Web3.
Source: NFT Evening