Grammy nominated tremendous producer staff ‘Cool and Dre’, and developer Peter Parente have launched their newest undertaking, GreedSwap ($GREED) – one which has loads of eyes prepared and questioning: what’s happening and what’s subsequent? It was solely a matter of time earlier than music and the vastly rising cryptocurrency market got here collectively to alter the best way music is purchased and bought to the world.
Chess Over Checkers: The Deal And The Plan
In accordance with a latest press launch, GreedSwap, often known as the $GREED undertaking, introduced a brand new contract on one of many quickest and third largest rising cryptos, Cardano (ADA). This new blockchain will hopefully add worth to the rising checklist of robust initiatives taken on by the Cardano staff. With 2,300 sensible contracts on the brink of launch, ADA seems to have an enormous yr wanting ahead.
For individuals who have been watching this blockchain and the broader marketplace for a while, you probably perceive how essential every new partnership and undertaking may be.
Associated Studying | Why Cardano Bull Development Isn’t Over And 91% Enhance Is Imminent, deVere CEO Nigel Inexperienced
ADA holding after reaching all time excessive the previous two weeks. | Supply: ADA-USD on TradingView.com
What makes GreedSwap a probably essential participant for Cardano is its versatility, depth and broader ceiling as an organization usually. $GREED not solely supplies a recreation altering issue for the music trade, nevertheless it additionally supplies one thing for traders, with a deep ecosystem. That ecosystem will embody farms, staking swimming pools, a multichain NFT Market, and a serious Metaverse construct in Decentraland that can embody NFT wearables, driveables and NFT keys. These keys will provide you with VIP entry to sure areas in GreedSwap’s digital world that may even embody a Greed Music studio the place you may watch your favourite musicians and recording artists create music, whereas additionally having the ability to watch them stream reside live shows.
Associated Studying | Cardano Tendencies Down, ADA In Hazard Of Sliding Again To $2?
Solely Time Will Inform: The Change We Search, Or Doom We Meet…
This information will hopefully present a brand new take a look at how music can now be shared to the world, permit the power to attach artists with followers at a brand new stage, and in addition interact shoppers by way of crypto. Artist and musicians have already taken a likes to the NFT world by collaborating and doing unique tracks and albums. Huge names in hip-hop particularly, reminiscent of Curren$y, have gotten concerned (Curren$y launched an unique NFT undertaking titled ‘Monetary District’, and he gained’t be the final to do that as many artist have taken this method fairly significantly).
Different artists, like DJ Premiere have gotten concerned with NFTs and crypto as nicely. The power to cross promote on a lot of totally different ranges past music makes it simpler for GreedSwap to get its identify round to the crypto world.
Hopefully it sticks, and all of us can see what this firm can do to affect a brand new era of music.