Grammy-nominated electronic music icon, Steve Aoki and Justin “3LAU” Blau, announced their first track as the duo, Punx, inspired by the CryptoPunks NFT collection, “Concentrate”. Scheduled for release on April 28th, the single aims to embody the underground, technological and futuristic ethos that CryptoPunks represents.
The fast-paced electronic music track will be released on Royal, 3LAU’s Web3 music rights platform. Royal aims to democratize music ownership and support artists through NFTs that grant rights to a portion of the royalties for their songs. His 99 NFT collectors, selected among Blau’s NFT holders, Aoki’s A0k1verse Passport NFT holders, and CryptoPunks NFT holders, will receive half of the “Concentrate” royalties.
“Releasing ‘Concentrate’ as part of Punx is a significant moment for us. It offers early supporters and followers a unique opportunity to own a song with me and Aoki. By launching the Punx project, we are not only pushing our creative boundaries, but allowing our community to become part of our journey and share in our success from day one.This is a new era in music. , we are proud to be at the forefront of this exciting movement.” 3LAU said in a statement.
PUNX Concentrating. New music tomorrow.https://t.co/7p5aVREci8 pic.twitter.com/jPbSAqUSlr
—itsthepunx (@itsthepunx) April 27, 2023
Punx makes its mark on the Web3 space
Blau, who is also Royal’s CEO, spoke about the common affinity he and Aoki had as Punx. Aoki was one of the first DJs to listen to Blau at the time when Blau was ranting about his NFT.
Both Aoki and 3LAU have made a number of moves in the Web3 world, with 3LAU holding the record for the largest music NFT sale with $11.6 million at auction in 2021. Aoki, on the other hand, claims he made $4 million from his first NFT collection and earned more than that. All his records more money from his Web3 than his label progress.
The collaboration between Aoki and 3LAU and the release of “Concentrate” is an exciting development for fans of electronic music and the NFT market. Punx’s announcement marks a growing synergy between the music industry and his NFT marketplace. Artists and musicians are increasingly recognizing his NFT’s potential to democratize music ownership, support artists, and connect with fans. Punx is the latest music project to leverage the permissive license of the NFT Avatar Project, allowing 3LAU and Aoki to use his CryptoPunks to promote and monetize their music. Using the CryptoPunks theme and the underlying technology of NFTs, Punx seeks to create a new type of music experience that puts fans and artists at the heart of the creative process.
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NFT and Web3 Ambassador. Bullish on all things blockchain.
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