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Dallas Symphony Orchestra Releases Classical Music NFTs on Rarible
The opening bid for an NFT featuring the video of an emotional musical concert held in May will be $50,000.
The Dallas Symphony Orchestra has created non-fungible tokens (NFTs) that it is offering on NFT marketplace Rarible.
STORY CONTINUES BELOW
- The orchestra has released NFTs, which celebrate a historic musical event that took place at the Morton H. Meyerson Symphony Center in Dallas in May.
- The NFT captures Dallas Symphony Orchestra (DSO) music director Fabio Luisi and MET Orchestra musicians in an emotional performance of Mahler’s First Symphony in front of a live audience. It marked the first time many non-DSO musicians performed for a live audience since the coronavirus shutdown in March 2020.
- The bidding for an NFT featuring a video of the full concert, plus behind-the scenes footage and a VIP experience at the 2022 reunion concert, will open at $50,000.
- Proceeds raised will go toward a charity that will benefit MET Opera Orchestra musicians affected by the COVID-19 pandemic.
- There will also be 15 NFTs priced at $1,000 each featuring a video of the first movement, an interview with Luisi and a ticket to the 2022 reunion concert.
- Finally, there will be 25 NFTs priced at $100 of an audio of the final movement of Mahler's First Symphony with photos of the musicians and the performances.
- NFTs are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers.
Read more: Post Malone to Mix NFTs, Experiences in Revamped Music Streaming Platfor
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
