Bay-C is the first Reggae and Dancehall artiste in history to release his music as an NFT. A limited collection of the Holy Temple single is now available under the BAYC token, on both the Rarible and OpenSea NFT distribution platforms.
(DailyMusicRole Editorial):- Kingston, Jamaica Apr 14, 2021 (Issuewire.com) – International recording artiste Bay-C is the first Reggae and Dancehall artiste in history to release his music as an NFT. A limited collection of the Holy Temple single is now available under the BAYC token, an industry-standard ERC-1145 token that can be purchased on both the Rarible and OpenSea NFT distribution platforms.
- American Rapper Jack Harlow’s Newest Album, ‘Come Home The Kids Miss You’ Is Making The World Groove Hard
- Foundry Rocks the Stage in a Scintillating Way through Their Fiery Track ‘Thunder Rolls’
- Oakland Upcoming Artist, Leo Is Taking Over the Pop and R&B Industry by Storm with His Fiery Performance
- Emerging Rapper Riq Hemmingway Is Making Some Brisk Moves through His Latest Album ‘The Relentless Approach’
- ‘My Sweet Love’ by Jay Ebby East has all the musical elements to satisfy the craving of the rock music lovers
The BayC collection on Rarible
The BayC collection on OpenSea
https://opensea.io/collection/bayc
Fans and collectors can now bid on this groundbreaking release and own a part of Reggae history. As NFTs become more popular, early owners of these collectibles will not only own the first set but will most likely see the value of these collectibles rise in value.
The NFT Revolution
Most artists in the music industry receive an average of 12 percent of the profits from sales or streams of music and receive only a fraction of a penny per stream. The rest of the money goes to the middlemen and tech companies who facilitate these services – leaving tours as the only real way to make money however when Covid-19 hit the world artists had to cancel their touring plans and many were left without any income.
“Artists are wondering why they are working in an industry where 90 percent of the income goes to the top 1 percent of artists, and 88 percent of the profits go to large companies“. – Mikel Jollett, lead singer, Airborne Toxic Event
NFTs have ushered in a revolution in the music industry, a paradigm shift that will empower artists around the world. They allow artists to sell their music directly to fans, cutting out the middle-man. Think of an NFT as an original painting, or a limited-edition record signed by the band. Artists create NFT’s through a process known as minting which uses the same technology that has driven the price of bitcoin from pennies to over $60,000 USD today.
Once an NFT is minted it is digitally unique. It cannot be copied but it can easily be transferred from person to person. This has given artists the ability to sell their music directly to their fans. NFT’s can also be packaged with extras, such as physical items such as limited edition vinyl or signed memorabilia. But most importantly, artists can own their music again.
Bombrush Records, the label driving the Bay-C release, is pioneering the space for Reggae NFTs and will be launching new NFTs on a regular basis. Co-designed with blockchain partner Caricoin, they will be offering the service to other Reggae and Dancehall acts and producers to allow them to launch their own NFTs.
About Bay-C
Straight Outta Portmore, Jamaica, BAY-C is the bass voice of Dancehall, known for his witty lyrics and signature deep tone. The musician broke on to the Jamaican music scene in the late 1990s and has had a successful career, selling platinum albums twice in Japan and hitting the Billboard charts with his fellow bandmates TOK.
About Bombrush Records
http://www.bombrushrecords.com
Bombrush Records is a record label from the shores of Jamaica with a global reach. Founded in 2001, the label is a hub for music production, artiste management, publishing, marquis events, and entertainment consulting services.
About Caricoin
Caricoin is the Caribbean’s leading crypto-currency platform, with real-time pricing data, a blockchain explorer, guides, and market news. Caricoin functions as an Oracle, a source of truth for smart contracts used in the crypto currency space.
This article was originally published by IssueWire. Read the original article here.
- Nashville expat music producer TheRealJonSmith launches new record label in Los Angeles
- Dance and Sing Along with the EPs of Dess Marie well Provided with an Elevated Aura of her Brilliant Musicality
- Get Ready for an Energetic Musical Experience With SIR COG and his Latest Tracks ‘More Where That Came From’ and ‘Let Me Loose’
- Upcoming Hip-hop Artist B is Creating a Captivating Web of Trap Infused Tunes in His Single ‘Picasso’
- Roc Solo and Insterstate Snake Team Up for Their Upcoming Banger ‘Remember’
Subscribe to our newsletter and get trending music news and Gossip in your inbox.
