|

Music NFT platform Sound.xyz adds support for Ethereum Layer-2 Optimism

  • Music NFT, platform, Sound.xyz, has integrated Ethereum Layer-2 token Optimism into its operational mechanics.
  • With it, the projects' heads have delivered a stunning tribute to Ethereum co-founder Vitalik Buterin.
  • Interested persons can now mint the "V Buterin" song about the Russo-Canadian innovator as a free NFT. 

Music NFT platform Sound.xyz has integrated support for Ethereum Layer-2 token Optimism (OP), complementing the watershed moment with a tribute to Vitalik Buterin, the billionaire innovator and Ethereum co-founder.

Also Read: Ethereum co-founder highlights three key transitions set to shape network's future trajectory

Music NFT platform offers tribute to Ethereum's Vitalik Buterin

Music NFT platform Sound.xyz has honored Ethereum co-founder Vitalik Buterin with a Eurodisco dance track, a single titled "V-Buterin." Notably, the track is available for public sale until June 19 at 7:00 PM. Interested investors and enthusiasts in the non-fungible token (NFT) space can acquire it as a free-to-mint NFT through the Web3 music platform Sound.xyz.

Thus far, over 27,000 free NFTs of the song have been minted, and the mint will continue for the next five days.

The move has been lauded by Gigamesh, the feigned co-founder of the Web3 music platform, alongside Optimism (OP) co-founder Ben Jones.

Optimism is a Layer-2 (L2) scaling solution for the Ethereum blockchain. It is also worth mentioning that Jones is widely known as the "Weird ETH Yankovic." In the project, the two creators have come together to offer a tribute to Vitalik Buterin in a single-themed around the Russo-Canadian billionaire innovator.

According to music hobbyists who have listened to the track, the co-creators have mimicked the style employed in Boney M's 1978 hit track "Rasputin." In their words, the song references Buterin right from the start, saying:

Twas born a brilliant man in Russia long ago…He dropped out of school with a perfect 4.0.

As the first line hints, the song details the exploits and life journey of Vitalik Buterin, transcending into his swift rise to fame after building the Ethereum network and earning himself an iconic name in the crypto community.

Owing to its popularity, the song has been extrapolated to compliment Cardano (ADA) executive, to bear the tag name "Aint no Charles Hoskinson."

Sound.xyz explains the song's existence

In a June 12 announcement, Sound.xyz attempted to explain the song's existence, saying that it was scaling past the Ethereum mainnet to offer Optimism compatibility. Based on the announcement, the integration sees artists using the music platform enjoy reduced fees when selling songs on the blockchain. They will also earn revenue directly from fans in the process.

As regards to NFT collectors, the music NFTs will allow them to directly support their favorite artists. Moreover, the onchain provenance will be a practical show of fan hood, marking the beginning of many more advantages to come.

Already, the soundtrack has excited community members, with one user hailing Gigamesh for his proven capabilities to transform the future of music.

Author

Lockridge Okoth

Lockridge is a believer in the transformative power of crypto and the blockchain industry.

More from Lockridge Okoth
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin (DOGE) trades in the red on Thursday, following a 4% decline on the previous day. The DOGE supply in profit declines as large wallet investors trim their portfolios. Derivatives data shows a surge in bearish positions amid declining retail interest.

Cardano Price Forecast: ADA dips below $0.37, hitting two-month low as bearish momentum builds

Cardano (ADA) price trades in the red, slipping below $0.37 on Thursday after correcting more than 7% so far this week. The ongoing pullback could deepen further as ADA’s social dominance declines and dormant wallet activity rises, suggesting bearish sentiment among traders.

Top Crypto Losers: Pump.fun, SPX6900, Bittensor slide further with double-digit losses

Pump.fun (PUMP), SPX6900 (SPX), and Bittensor (TAO) are leading the losses in the cryptocurrency market over the last 24 hours amid total liquidations of over $500 million. The retail segment alleges institutional manipulation amid an early-morning Bitcoin sell-off routine in the US market.

Bitcoin, Ethereum whipsaw sparks heavy liquidations amid accusations of market manipulation

The crypto market whipsawed on Wednesday as top cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), quickly reversed gains from the early American session.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.