Electronic music producer Deadmau5 releases his second NFT collection titled “deadmau5: Series 2 Card Collection” on the WAX blockchain. It is a follow-up to the collection that was released in December 2020.
What is the card collection?
The collection consists of trading cards meant to represent Deadmau5, his energy, and his style. The collection has various levels of rarity and is divided into different categories. “Pins” are the most common, while “Gold” is the rarest trait. However, the musician has also included a few ultra-rare cards. Owners of these cards will receive a physical reward: a spot on the guest list for an upcoming live performance by Deadmau5.
According to the press release, the standard packs include 10 Collectibles for $9.95, while MegaPacks include 30 for $29.95. Additionally, collectors who held onto their First NFTs from the first series will receive a free NFT as a gift this round.
The first set of “deadmau5: Series” cards on WAX packs sold out in 36 hours and was released in December 2020. Back then it was not as usual that a celebrity or artist dropped an NFT collection as it is now.
The music industry looking more into NFTs
RAREZ, the facilitator of this drop, is an NFT platform exclusively for musicians. Joel Zimmerman, the brains behind Deadmau5, was involved in setting up the platform. The platform previously hosted other NFT drops from artists such as Dillion Francis and Weezer.
Lately, many music artists are releasing their albums as NFTs or creating digital collectibles. Artists that have done this are Tory Lanez, Kings of Leon, Jack Harlow, Lil Pump, and the NFTs DJ 3Lau his album had sold for a total of $11,684,101. The DJ also raised $16M for NFT-based Music Platform Royal. But it’s not just digital collectibles and albums that the music industry is interested in. Music industry innovators are using NFTs for innovative business strategies. From royalties to streaming data. Another use case for NFTs in the Music industry where people are looking at is concert tickets.