Steve Aoki and 3LAU are teaming up to make use of CryptoPunks IP in an thrilling approach. The 2 legendary DJs are forming a metaverse supergroup referred to as PUNX. What can followers anticipate from the newly fashioned band?
What will we learn about PUNX?
The duo simply introduced they’ll launch their first single referred to as “Focus” on April 28. Not solely will they launch the precise music and idea artwork, however the group may also promote 50% of the streaming rights to the music. Purchasers may have the chance to buy 99 tokens every representing 0.5% possession of the observe. First dibs will go to present token holders of CryptoPunks, A0K1VERSE Passport, and 3LAU’s NFT collections.
These tokens can be bought on Royal, an funding platform created by 3LAU to assist democratize possession of music rights. By disrupting the present framework of the music trade, Royal makes it simpler for artists to monetize and keep possession of their content material. Up to now, greater than 11,000 folks have used to platform to generate over $2m in income.
3LAU remarked, “Releasing Focus as a part of PUNX is a serious second for us. It affords our earliest supporters & believers a novel alternative to co-own the music with me and Aoki. By launching the PUNX venture on Royal, we’re not solely pushing inventive boundaries, we’re additionally empowering our neighborhood to be part of our journey and share in our success from day one. It’s a brand new period for music, and I’m proud to be on the forefront of this thrilling motion.”
Steve Aoki can be excited in regards to the new enterprise. He added, “It’s unimaginable to be on the middle of this evolution, not solely constructing neighborhood, however giving again to it straight. We’re capable of feed the ecosystem and merge the followers with the artists in a approach that was thought inconceivable till not too long ago.”
Who’re Steve Aoki and 3LAU?
Steven Aoki is a two-time Grammy nominee artist, DJ, producer, and visionary. He has a 77m common month-to-month attain and his music has been streamed over 4 billion occasions. He was an early entrant to Web3 and invested closely in numerous NFT tasks during the last couple of years.
Aoki has additionally created his personal NFT tasks. His first venture, the “Dream Catcher” collection, generated over $4m in income. Since that, he co-founded an episodic collection with Seth Inexperienced referred to as “Dominion X”, curated an NFT assortment with Sotheby’s, and partnered with Seth McFarlane to create a comic book guide artwork market on Solana. Most not too long ago, Aoki fashioned an NFT membership-based neighborhood referred to as the AoK1VERSE to share IRL and digital experiences with followers.
Justin Blau, or 3LAU, is a legendary musician and producer. Up to now, he has over 1 billion streams throughout the key streaming platforms. 3LAU can be a pageant favourite with appearances at EDC Vegas/Korea/Orlando, Extremely, Electrical Zoo, Lollapalooza, and Life Is Lovely. As an early crypto adoptee, 3LAU has been a robust Web3 advocate since getting into the area in 2017.
With PUNX, Aoki and 3LAU look to construct upon their already spectacular Web3 resumes and provides their followers an opportunity to take part within the enjoyable.