Kings of Leon have released their new album “When You See Yourself” as an NFT. The album was released on Friday, March 5th on YellowHeartFactories on OpenSea. Kings of Leon are selling several different types of NFT: one of which is their new album and available for a limited time only, another is six NFT lifetime tickets to the band’s shows which will be sold at an auction.
Rolling Stone magazine published an article about the release saying they were the first band to release an album as an NFT. This caused some major outrage and backlash from the NFT community on Twitter. Users were annoyed by the inaccurate information since other bands such as Big Boys NYC have already released music NFTs on Rarible.
The album will also be released on the usual platforms such as Spotify, iTunes, Apple Music, and Amazon. However, the NFT version costs $50 and comes with special features like a moving album cover, limited-edition vinyl and other digital goods. According to some comments, fans who are not part of the NFT community and haven’t heard of NFTs are super skeptical about this and don’t see much value in paying $50 for a moving album cover.
However, here in NFT Land, they’re selling like hotcakes with speculators guessing that these NFTs are expected to increase in value over time. Kings of Leon are also donating all proceeds from the album and the ticket auction to Live Nation’s Crew Nation fund for out-of-work touring professionals.
It looks like the NFT music revolution is now well under way. Exciting times.
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.