Gramatik’s NFTs hit Nifty Gateway, DeFi Marketplace
“Nothings like it used to be. “
Decentralized Finance is Lowtemp. Creating (and investing!) in digital art just became a lot more lucrative with DeFi marketplaces. Never before have artists been able to sell digital media as verifiable originals… likewise, now you can own them. Marketplaces, such as Nifty Gateway, are popping up all over the internet to facilitate tons of sales of original, digital art. The verified original “Nyan Cat”, made by creator, Chris Torres, sold yesterday for 300 ETH (which is currently worth roughly $600,000 USD.) Gramatik is taking the same approach with his music, tokenizing songs on NG’s marketplace.
“Be the internet you want to see in the world.”
Gramatik is a humble pioneer for promoting science and technology via his incredible collection or music. He was one of the first artists to tokenize his revenue with the $GRMTK token, and now, two of Gramatik’s original, unreleased songs have just been tokenized, too. The NFTs are up for auction on Nifty Gateways’s marketplace and will be owned on an address on the Ethereum blockchain. So what are NFTs?
NFTs are Non-Fungible Tokens, or tokenized digital goods, including assets such as art and music. In this case, each of Gramatik’s songs have been uploaded for auction. “Purple Queens” and “The Ghosts of Piran” are his two new releases, each LE1 and going for $25,000-$30,000.
What really stood out to me about these songs was their visual artwork, especially in “Purple Queens” which includes comic-like imagery with lyrics about Wall Street (“This city ain’t what it used to be,”), and radical, inspirational captions about technology, mindsets, and digital freedom.
“The Present Is Theirs; The Future for Which I Really Worked Is Mine” — Nikola Tesla
Gramatik has also three other NFTs that were being sold for a limited time-period earlier this week on NG including three of my favorite songs:
- “Satoshi Nakamoto”, was Gramatik’s first crypto-themed track, released on the album “Epigram” back in 2017, titled after the anonymous creator of Bitcoin. The song features hip-hop artists, Adrian Lau of New York and ProbCause from Chicago, who talk of “buying whips with cryptocurrency” and the rich lifestyle that can come with highly-profitable investments.
- “Vitalik Buterin”, the creator of Ethereum, also received a song in his honor on Gramatik’s Re:Coil, Pt 2. This song is a little more chill and funky with Balkan-inspired horns, a bit of swing, and a very “bubbly” jam.
- “Future Crypto”, is one of my recent favorites, but was originally dropped on Re:Coil, Pt 1. This song goes hard live and is so memorable for it’s raw, saw-like melody.
Bidding on the Purple Queens Collection ends on Sunday, February 21st! Join the Nifty Gateway Discord community here.