.png)
Abhinav Tewari
April 5, 2022
PixelBands uses algorithmically generated pixel art combined with music to enable musicians to create additional income streams apart from royalties.
Introduction to ‘PixelBands’
Pixelbands is a unique NFT project on Solana that combines algorithmically generated pixel art with combinable music. It was created with the objective to drive music growth on Solana by building a community of musicians that leverage on-chain tools to create, collaborate and monetize music. The platform allows users to mint or collect unique PixelBand member NFTs of guitarists, drummers, bassists, and pianists.
All the NFTs include a unique sound playable on the Phantom wallet or in the “Studio.” The sounds are created and mastered in order to enable each band members’ NFT to be paired with three other band members with different instruments to create a song. Once four band members with different instruments are collected, they can be minted to create a band NFT. When an NFT is sold on the secondary market, the community artist earns 50% royalties. When a band NFT is sold, the producer earns 10%, with an additional 10% given to each of the four members.
What Can Musicians do on PixelBands
There are five components to the creation process for musicians on PixelBand:
- PixelBand NFT:
It enables users to acquire on-chain music through minting or purchasing NFTs. Once the music is submitted for a PixelBands NFT collection, the music is on-chain and can generate royalties.
- PixelBands Holder Toolkit:
PixelBand users will have access to a toolkit that comprises instructional videos, charts, music theory, recording/mix guides, midi files, etc. Access to this tool kit is gated via the Solana wallet and will require the user to hold at least one NFT. This toolkit adds immense value for PixelBand holders as it can be referenced while using the studio, submitting stems, and/or creating music in a Digital Audio Workstation (DAW).
- Web3 Music Studio:
The PixelBands studio is a creative tool that lets users create with music they own on-chain. It allows users to import their NFTs to compose, arrange and edit songs. It also offers users to purchase on-chain audio files such as stems, beats, vocals, etc., and incorporate them into the songs. Version 1, which is currently active, has base functionality that allows PixelBand NFTs to be layered to create music. In the future, the next version of the Studio will have a DAW that supports both music composition and arrangement. It will also have the ability to import and export on-chain music.
- Music Marketplace:
The music NFTs can be sold in the marketplace under the artist’s name. PixelBands is currently working on a beta marketplace.
- Music NFT Launchpad:
The launchpad is a platform to bring the music they created in the studio on-chain. This is achieved by allowing the compositions created in the studio to be minted onto the Solana blockchain in order for them to be presented in the marketplace. Creating music as NFTs provides the creators an avenue for monetization as royalty distribution rules for the smart contract can be applied on the launchpad.
Value Proposition
PlixeBands aims to bring immense value to individual musicians, the PixelBand music community, verified artists, and PixelBand holders. For individual musicians, it offers PixelBand’s generations, independent music NFTs, the opportunity to create music in the PixelBands studio.
For the PixelBands music community, it provides a platform for structuring custom royalty distribution, collaborative music NFTs, and music/remix competitions. For verified artists, it will offer unique collections and drop. It has envisaged the following ideas in order to deliver value to the overall community at large:
- Music NFT launchpad Discounts: PixelBand holders will be rewarded with discounts on royalties on future sales of NFT music created on the launchpad.
- Access to future drops: Exclusive and priority access to PixelBands NFT collections, drops, and tools for PixelBand holders.
- Minter-Alpha Discord channel: To provide alpha and information on future mints and whitelisting opportunities for PixelBand holders.
- Learning music on Web3: Plans to provide ongoing education and exclusive content.
- Monthly holder bounties: Will enable holders to receive SOL from the community wallet by rewarding members who add value to the community by completing bounties such as sharing alpha, building PixelBand tools, supporting musicians and the community at large.
- Funding community projects and ideas: There is a proposal process for investors through which the community wallet can be used to fund ideas and initiatives that bring value to PixelBand.
Current Offerings
Pixelbands Generations Collections: Collections of PixelBand NFTs––with stems sourced from the community––that are released in phases called generations which span across genres and instruments. Generation 1 has a collection of 4,444 instrumental NFTs in the LoFi genre (75 bpm in C-major). Generation 2 is not yet launched––however, it will explore a new genre and will include a collection of 4,444 NFT in the Electronic Dance Music (EDM) genre (128 bpm in F-minor).
The objective of the generation releases is to:
- Expand opportunities for musicians to get their music on the chain.
- Expand the PixelBand community.
- Provide creators with a variety of sounds and expand the selection of music and instruments available.
Pixel ‘Bands’: Band NFTs are minted by collecting four PixelBand NFTs. Each NFT has an image of the four band members with their sounds layered in order to create a song.
1:1 Auctions: PixelBands will release 1 of 1 Music NFTs that use music from within and outside the community. These NFTs will have similar utility as the other (Gen1 and Gen 2) ones and will be categorized as special NFTs in the PixelBands sound library.
Unique Drops: PixelBands is seeking partnerships with professional musicians to bring music onto the Solana blockchain through exclusive NFT collections from popular musicians the world over. These releases may include individual stems, beats, sound collections, midi packs, songs, and albums.
MultiSig Community Wallet and Fund
The PixelBands community wallet is a mechanism to fund projects and activities in the community. The Realms MultiSig wallet is designed to provide security and transparency. It requires a governance vote from the 5 PixelBand board members to release funds. At least 3/5th of the board members’ votes are required to move funds to a ‘Hot’ wallet for spending or payment. It comprises funds raised through 5% of royalties generated from sales of native NFTs.
The breakdown of wallet usage and funds is as follows:
- 60% of the community wallet (3% of total sales) will be directed to funding projects which are selected by the community. Funds for a particular project are released after the community votes for the project based on the proposal submitted. Formal governance guidelines will be released in the near future.
- 40% of the community wallet (2% of total sales) will be allocated for the development of in-house tools such as PixelBands Studio, holder tools, marketing, art, etc.
In summary, the wallet will be used to pay for development activities, artwork, marketing activities, onboarding educational speakers and tutorials, and building hold tools.
Concluding Thoughts
NFTs have the potential to unleash an exciting new market in the creative economy. There has been sustained interest in the audience seeking audio and visual NFTs. And for artists, it becomes a tool to transmit and authenticate their unique content whilst providing significant financial and ownership control as the artist gets to keep the bulk of the revenues and does not have to rely on labels and other entities. NFTs also have a strong potential for collaborations, community building, and driving the next generation of streaming which might largely be decentralized.
Although PixelBands, in its current form, offers a robust feature suite when in full flight, it is poised to significantly benefit from the NFT movement and the paradigm shift taking place in the music streaming industry.
Find out most about PixelBands here:
Website | Twitter | Documentation | Discord | Magic Eden |
This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2000. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2000. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Related News
June 25, 2022
.jpg)
Binance NFT Celebrates First Anniversary with Exciting Activities
The industry-leading NFT marketplace celebrated its first anniversary by incentivizing users. Additionally, the protocol plans to launch innovation to ensure users unleash their creativity in the NFT space.
Binance NFT Turns One
Popular Non-fungible Token (NFT) marketplace on BNB Chain, Binance NFT, celebrated its first year in the industry with numerous activities to incentivize its large community.
The industry-leading marketplace introduced three activities to celebrate the milestone, including a chance for users to win Special Edition First Anniversary NFTs and enjoy 24 hours of Zero-fee NFT trading. The protocol shared the event on June 22 through its official blog.
The top activity, zero-fee NFT trading, commenced on June 24 and lasted 24 hours. The other two activities ended on June 23, as users completed two different tasks to win the special NFTs. This unique collection was given to one thousand users who met the criteria outlined in Binance's blog post.
Open Minting Feature for NFTs
The NFT platform seeks to continue improving its service for users, following the huge success in the past year. One of its plans to improve its ecosystem is by introducing an “Open Minting Feature” to empower every user to unleash their creativity on Binance NFT. The protocol documented the innovation through a thread on June 24.
BSC News will follow the platform’s progress in the industry as it looks to provide a seamless environment for NFT enthusiasts to showcase their designs through its upcoming innovation.
What is Binance NFT:
Binance NFT is the exchange’s NFT arm consists of a marketplace, a platform for initial game offering (IGO), and mystery NFT boxes in the Binance Smart Chain (BSC) ecosystem. The top 10 collections on the platform have witnessed more than $80 million in all-time trade volumes, as per data from Binance. There have been more than 44,000 items sold from these collections on the marketplace.
Find more about Binance NFT here:
Website | Twitter | Blog | Instagram | Telegram
Check out the Web3Wire Linktree to keep up with all relevant Web3 and Crypto!
June 25, 2022
FEG Token Brings June Updates as SmartDeFi 2.0 Approaches
FEG token brings multiple updates that include a website overhaul, logo change, and a new roadmap section.
Major Updates
The FEG Token team released updates for June, including a website overhaul, logo change, and a new roadmap section.
The protocol publicized the new changes through a Twitter thread on June 17. Here are the updates:
- The team revealed that they are working on a RoadMap for release to the community that will show expected time frames and goals.
- The FEG token official site will be undergoing maintenance as they update the official site to reflect updates to the project.
- The FEG team is currently conducting professional creativity exercises and taking community input for Name and Logo changes before voting. In addition, the Design Team is working on a number of Logo options that will be shared when further into the process.
- The team is working on a swap tool for the tracking tokens from staking rewards, and more information will be released on this once completed (built and testing currently).
- Token holders can use beta.FEGex.com to see the prices & charts of $FEG, which are being pulled from major exchanges such as Uniswap (ETH) & PancakeSwap (BSC).
Further, as an added precaution, the team advised that the token migration has NOT begun and advised the public NOT to fall for fake token Migration apps, TG groups, websites, etc.
BSC News reached out to the FEG token team to learn more about the recent updates, but we didn’t get a reply.
What is Feed Every Gorilla(FEG):
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and the BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillions on both the aforementioned chains, including an inaccessible burn wallet. A 2% transaction tax is distributed among all holders based on the percentage of ownership, including the burn wallet, which acts as a holder that collects tokens over a period in which transactions occur. The team is keen to stress that there is no burn limit, and with this being the case, users will enjoy a ‘never-ending cycle of passive income with positive price pressure.’
Where to Find FEG:
Website | Twitter | Telegram |
Check out the Web3Wire Linktree to keep up with all relevant Web3 and Crypto!
Follow us on Twitter and Instagram!
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Project Insight: PixelBands - Building Music NFTs on Solana
PixelBands uses algorithmically generated pixel art combined with music to enable musicians to create additional income streams apart from royalties.
Introduction to ‘PixelBands’
Pixelbands is a unique NFT project on Solana that combines algorithmically generated pixel art with combinable music. It was created with the objective to drive music growth on Solana by building a community of musicians that leverage on-chain tools to create, collaborate and monetize music. The platform allows users to mint or collect unique PixelBand member NFTs of guitarists, drummers, bassists, and pianists.
All the NFTs include a unique sound playable on the Phantom wallet or in the “Studio.” The sounds are created and mastered in order to enable each band members’ NFT to be paired with three other band members with different instruments to create a song. Once four band members with different instruments are collected, they can be minted to create a band NFT. When an NFT is sold on the secondary market, the community artist earns 50% royalties. When a band NFT is sold, the producer earns 10%, with an additional 10% given to each of the four members.
What Can Musicians do on PixelBands
There are five components to the creation process for musicians on PixelBand:
- PixelBand NFT:
It enables users to acquire on-chain music through minting or purchasing NFTs. Once the music is submitted for a PixelBands NFT collection, the music is on-chain and can generate royalties.
- PixelBands Holder Toolkit:
PixelBand users will have access to a toolkit that comprises instructional videos, charts, music theory, recording/mix guides, midi files, etc. Access to this tool kit is gated via the Solana wallet and will require the user to hold at least one NFT. This toolkit adds immense value for PixelBand holders as it can be referenced while using the studio, submitting stems, and/or creating music in a Digital Audio Workstation (DAW).
- Web3 Music Studio:
The PixelBands studio is a creative tool that lets users create with music they own on-chain. It allows users to import their NFTs to compose, arrange and edit songs. It also offers users to purchase on-chain audio files such as stems, beats, vocals, etc., and incorporate them into the songs. Version 1, which is currently active, has base functionality that allows PixelBand NFTs to be layered to create music. In the future, the next version of the Studio will have a DAW that supports both music composition and arrangement. It will also have the ability to import and export on-chain music.
- Music Marketplace:
The music NFTs can be sold in the marketplace under the artist’s name. PixelBands is currently working on a beta marketplace.
- Music NFT Launchpad:
The launchpad is a platform to bring the music they created in the studio on-chain. This is achieved by allowing the compositions created in the studio to be minted onto the Solana blockchain in order for them to be presented in the marketplace. Creating music as NFTs provides the creators an avenue for monetization as royalty distribution rules for the smart contract can be applied on the launchpad.
Value Proposition
PlixeBands aims to bring immense value to individual musicians, the PixelBand music community, verified artists, and PixelBand holders. For individual musicians, it offers PixelBand’s generations, independent music NFTs, the opportunity to create music in the PixelBands studio.
For the PixelBands music community, it provides a platform for structuring custom royalty distribution, collaborative music NFTs, and music/remix competitions. For verified artists, it will offer unique collections and drop. It has envisaged the following ideas in order to deliver value to the overall community at large:
- Music NFT launchpad Discounts: PixelBand holders will be rewarded with discounts on royalties on future sales of NFT music created on the launchpad.
- Access to future drops: Exclusive and priority access to PixelBands NFT collections, drops, and tools for PixelBand holders.
- Minter-Alpha Discord channel: To provide alpha and information on future mints and whitelisting opportunities for PixelBand holders.
- Learning music on Web3: Plans to provide ongoing education and exclusive content.
- Monthly holder bounties: Will enable holders to receive SOL from the community wallet by rewarding members who add value to the community by completing bounties such as sharing alpha, building PixelBand tools, supporting musicians and the community at large.
- Funding community projects and ideas: There is a proposal process for investors through which the community wallet can be used to fund ideas and initiatives that bring value to PixelBand.
Current Offerings
Pixelbands Generations Collections: Collections of PixelBand NFTs––with stems sourced from the community––that are released in phases called generations which span across genres and instruments. Generation 1 has a collection of 4,444 instrumental NFTs in the LoFi genre (75 bpm in C-major). Generation 2 is not yet launched––however, it will explore a new genre and will include a collection of 4,444 NFT in the Electronic Dance Music (EDM) genre (128 bpm in F-minor).
The objective of the generation releases is to:
- Expand opportunities for musicians to get their music on the chain.
- Expand the PixelBand community.
- Provide creators with a variety of sounds and expand the selection of music and instruments available.
Pixel ‘Bands’: Band NFTs are minted by collecting four PixelBand NFTs. Each NFT has an image of the four band members with their sounds layered in order to create a song.
1:1 Auctions: PixelBands will release 1 of 1 Music NFTs that use music from within and outside the community. These NFTs will have similar utility as the other (Gen1 and Gen 2) ones and will be categorized as special NFTs in the PixelBands sound library.
Unique Drops: PixelBands is seeking partnerships with professional musicians to bring music onto the Solana blockchain through exclusive NFT collections from popular musicians the world over. These releases may include individual stems, beats, sound collections, midi packs, songs, and albums.
MultiSig Community Wallet and Fund
The PixelBands community wallet is a mechanism to fund projects and activities in the community. The Realms MultiSig wallet is designed to provide security and transparency. It requires a governance vote from the 5 PixelBand board members to release funds. At least 3/5th of the board members’ votes are required to move funds to a ‘Hot’ wallet for spending or payment. It comprises funds raised through 5% of royalties generated from sales of native NFTs.
The breakdown of wallet usage and funds is as follows:
- 60% of the community wallet (3% of total sales) will be directed to funding projects which are selected by the community. Funds for a particular project are released after the community votes for the project based on the proposal submitted. Formal governance guidelines will be released in the near future.
- 40% of the community wallet (2% of total sales) will be allocated for the development of in-house tools such as PixelBands Studio, holder tools, marketing, art, etc.
In summary, the wallet will be used to pay for development activities, artwork, marketing activities, onboarding educational speakers and tutorials, and building hold tools.
Concluding Thoughts
NFTs have the potential to unleash an exciting new market in the creative economy. There has been sustained interest in the audience seeking audio and visual NFTs. And for artists, it becomes a tool to transmit and authenticate their unique content whilst providing significant financial and ownership control as the artist gets to keep the bulk of the revenues and does not have to rely on labels and other entities. NFTs also have a strong potential for collaborations, community building, and driving the next generation of streaming which might largely be decentralized.
Although PixelBands, in its current form, offers a robust feature suite when in full flight, it is poised to significantly benefit from the NFT movement and the paradigm shift taking place in the music streaming industry.
Find out most about PixelBands here:
Website | Twitter | Documentation | Discord | Magic Eden |
.jpg)
