The music industry has seen its fair share of innovations over the years. Whether it was vinyl records, cassette tapes, CDs, Apple Music, Spotify, or any other technological advancement, the whole music creation space went through a significant transformation. Now the market could face another overhaul as a new NFT called Psytrance Pig looks to inject the music industry into the NFT space.
The Psytrance team behind this new non-fungible token has released a master plan to introduce music into the NFT space through various giveaways, functionalities, and gated music events for their NFT mint owners. “We are the first NFT with a strong music-oriented theme,” shares a team member from the creator group behind the Psytrance Pig token. “We’re working on a music video NFT during phase 2. There’s also a plan of a true metaverse for members-only virtual music fests called the Psyverse, accessible by owning any Psytrance Pig NFT.”
The Psytrance Pig NFT drop features a cartoon character with a fictional storyline. It centers around the first alpha pigman, a pig character who transformed into a music-loving pig who loves everything that has to do with the psychedelic experience. From then on, a whole army of other pigs would come to life, each having their personality and unique look.
From that narrative, over 10,000 Psypig characters have come to life via a slew of permutations based on 173 unique features, from tattoos to psychedelic backgrounds. Since launching this month, the NFT drop has been the center of attention for many music-loving NFT collectors and investors that search for pieces that connect to their personality and provide some financial upside. It currently has over 9,600 people on its Discord community and 15,000 plus people engaging with them on Twitter.
It seems that as time passes by, the Psytrance Pig roadmap will continue to progress. The team has already promised to launch a radio show on YouTube and Discord once it hits 40% capacity on their NFT mints. After reaching 60%, the hosting team will start executing on the crown jewel of its music-based experience—a music festival called the Psyverse, exclusively available to those who have picked up the NFT pieces.
The non-fungible token has become one of the most prominent blockchain-based inventions to sweep across the internet. It features a blockchain-based ledger that assigns unique artworks with a contract on a connected cryptocurrency like Cardano or Ethereum, making each piece unique via a peer-to-peer evaluation. Accordingly, artists and programmers have been teaming up to create NFT artworks that appreciate as their demand grows.
The Psytrance Pig looks to be the next big NFT winner. Becoming one of the first music-themed NFTs also opens up a whole new world of possibilities. Apart from its flashy and detailed artworks, the Psytrance Pig takes pride in its mission to help artists and musicians thrive in the new digital age the world is now entering.