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Charles Hoskinson is working on the release of Paul Oakenfold’s new album

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It has been announced that the Cardano network and its founder Charles Hoskinson are working on the release of a new album by one of the most famous musicians in the genre of electronic dance music, Paul Oakenfold.

Paul Oakenfold joined Cardano

British music producer and famous trance DJ has been nominated three times for a Grammy Award and twice for the World Music Awards.

Cardano founder and Ethereum co-founder Charles Hoskinson is now working closely with Oakenfold to bring his new album to Cardano’s network of distributed books, including covers, songs and other notes. The new album will be called Zombie Lobster.

Commenting on his participation in the release of the new album, Charles Hoskinson emphasized the importance of blockchain for the future of the music industry.

“Getting to know the electronic music industry and how the blockchain can support it was a revelation.”

Frontman ZZ Top launches NFT music on the Cardano network

Also, a music legend from the rock band ZZ Top, frontman Billy Gibbons, chose Cardano’s blockchain to release his freshly played pieces in the form of NFT.

The auction at which these NFTs went on sale took place over the weekend on the Terra Virtua platform for digital collectibles.

By the end of the auction, bidders had to pay with either a Fiat or an ADA coin – a native cryptocurrency of Cardano blockchain.

Billy Gibbons believes that blockchain offers great opportunities for the music and arts industries, and one of them is the launch of the NFT.

Conclusion

Asset tokenization has only recently begun, yet interest in the NFT is growing, as anyone with access to a digital wallet can buy it. Have you ever considered buying an NFT?

Switzerland introduces new anti-money laundering rules

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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