Base Blockchain Unveils First NFT Single in Sound.xyz Partnership

The innovative Base blockchain, powered by Coinbase, has orchestrated a groundbreaking collaboration with the blockchain music platform Sound.xyz, marking a significant milestone in the realm of NFT music creation. Revealed on December 19, this partnership empowers artists to mint their musical creations seamlessly within the Base ecosystem.

In a noteworthy update shared on X (formerly Twitter), Sound.xyz highlighted the advantages of the Base ecosystem as an Ethereum layer 2, emphasizing lower gas fees for minting nonfungible token (NFT) tracks and swift transaction processing. Notably, artists can now upload and withdraw their creations without the need to delve into cryptocurrency purchases or fund bridging.

The inaugural track, aptly titled "Based," explores blockchain themes and was minted on Base by the talented artists Reo Cragun and Heno. The lyrics resonate with the spirit of the blockchain community, proclaiming, "We're bringing a billion on-chain. Some people leave whenever there are tough times, but shout out to the real ones that stuck by."

Sound.xyz emphasized a pivotal benefit for the Web3 music scene by tapping into the vast user base of over 100 million on the Base network. The convergence of music and blockchain serves as an enticing gateway, welcoming a new generation of users into the on-chain experience.

Over the past year, the music industry's embrace of the Web3 space has gained momentum, with renowned names exploring blockchain-based releases. Mega-popular thrash metal band Megadeth launched an NFT collection, offering their global community innovative ways to connect in both physical and digital realms. Additionally, the late pop icon Michael Jackson's first-ever studio demo found its digital home on the blockchain through Anotherblock, opening new avenues for engagement five decades after its recording and 14 years after Jackson's passing.

In a recent conversation with Cointelegraph, Cordell Broadus (Champ Medici), entrepreneur and son of the legendary rapper Snoop Dogg, shed light on the process of bringing legacy artists into the Web3 era. Broadus discussed the transformative role of blockchain and NFTs in shaping the future of music and building a new legacy for iconic artists.