Gala Music Is launching a limited edition David Bowie Music NFT, part of a limited edition collection of 3,003 non-fungible tokens (NFTs) on April 14.
Included will be an unreleased version of David Bowie’s 1983 hit song “Let’s Dance.” The collection features Bowie-inspired artwork and each NFT will give its owner exclusive access to the unreleased track that Bowie co-produced with music producer Larry Dvoskin in 2002.
Despite having released 27 studio albums, 11 live albums, four soundtracks, and 128 singles during his lifetime, the legendary singer-songwriter still has at least one unheard track. Gala Music plans to release this track to the world through the purchase of these NFTs.
The NFTs will be available for purchase on a “pay-what-you-wish” basis, and the initial profits from the sales will be donated to MusiCares, a charity that provides health and human services to individuals in the music industry.
Gala Music’s upcoming NFT release is not the first time the Bowie estate has ventured into blockchain technology. In September 2022, the estate collaborated with OpenSea NFT marketplace to introduce a collection of NFTs called “Bowie on the Blockchain” to raise charity funds.
However, the collection faced significant criticism from Bowie’s supporters, who viewed the foray into blockchain as contradictory to the artist’s principles and beliefs.
Gala Games, the parent company of Gala Music, is known for its Web3 gaming initiatives, which allow developers to create play-to-earn crypto and NFT games. However, the company has also expanded its interests to include music and film.
This limited edition collection of NFTs is a unique opportunity for fans of David Bowie to own a piece of his legacy, as well as to support a charitable cause. It is also a reflection of the growing interest in NFTs and the potential of blockchain technology to revolutionize the music industry.
As the use of NFTs continues to gain traction, we can expect to see more musicians and artists exploring the technology as a way to connect with fans and monetize their work.
While some may criticize these forays into blockchain as contradictory to the principles of art, others see it as an opportunity to democratize the art world and provide new revenue streams for artists.
The music industry has already seen significant disruption from technology, with the rise of digital downloads and streaming services changing the way music is distributed and consumed. NFTs represent a new frontier in this ongoing evolution, and it will be interesting to see how musicians and fans alike embrace this new technology.
David Bowie NFT
In conclusion, Gala Music’s upcoming release of David Bowie’s unreleased track as part of a limited edition collection of NFTs is a significant event for both music and blockchain enthusiasts.
This release not only provides fans with a unique opportunity to own a piece of Bowie’s legacy but also supports a charitable cause. With the growing interest in NFTs and blockchain technology, we can expect to see more musicians and artists exploring this new frontier in the coming years.