• 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.

 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Crypto Today: Bitcoin gets less interest from traders, Ethereum ETF could attract $5 billion inflows

Crypto Today: Bitcoin gets less interest from traders, Ethereum ETF could attract $5 billion inflows

Bitcoin market sees a decline in volatility per on-chain data from Crypto Quant. Bitcoin ETFs saw a net inflow of $129 million on July 1; on-chain analysts predict a relief rally in BTC. 

More Cryptocurrencies News

Ripple escrow timelocks expired on Monday, one billion XRP unlocked as altcoin ranges above $0.47

Ripple escrow timelocks expired on Monday, one billion XRP unlocked as altcoin ranges above $0.47

Ripple (XRP) escrow unlocked 1 billion tokens on Monday as part of the planned unlock until January 2025. XRP hovers around $0.48 early on Tuesday, adding more than 1% to its value on the day. 

More Ripple News

Bitcoin holds above $61,000 as Daily Active Addresses is highest since mid-April

Bitcoin holds above $61,000 as Daily Active Addresses is highest since mid-April

US spot Bitcoin ETFs registered slight inflows on Monday. On-chain data shows that BTC's daily active addresses increased, signaling greater blockchain usage. German Government transferred 1,500 BTC, valued at $94.7 million, out of its wallet on Monday.

More Bitcoin News

Chainlink poised for a rally as whales buy the dips

Chainlink poised for a rally as whales buy the dips

Chainlink’s price bounced from the weekly support level at $13.15 and extends recovery on Tuesday. On-chain data shows that whales have accumulated 2.08 million LINK in the past seven days.

More Chainlink News

Bitcoin: BTC price correction could end in July, according to seasonal data

Bitcoin: BTC price correction could end in July, according to seasonal data

Bitcoin (BTC) price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.

Read full analysis

BTC

ETH

XRP