deadmau5 Digital Collectibles On The WAX Blockchain
Image Source: WAX

The first-ever deadmau5 digital collectibles will be launched on the WAX Blockchain. The Worldwide Asset eXchange ( WAX ) and deadmau5 will be offering a series of non-fungible-tokens ( NFTs ) that are verifiable and authentic due to leveraging blockchain technology. 

deadmau5 Digital Collectibles

According to a recent announcement, deadmau5 will be partnering up with the Worldwide Asset eXchange ( WAX ) to launch the first deadmau5 digital collectibles on the WAX Blockchain. Deadmau5 ( Joel Thomas Zimmerman ), is a popular Canadian electronic music producer known for his house music and techno. Deadmau5’s manager was able to spark collaboration through his affiliation with Emanate, which is a technology network that rewards music lovers. Digital collectibles have become increasingly popular this year and the WAX Blockchain has attracted other industry pioneers such as Atari®.

How Do deadmau5 Digital Collectibles Work?

NFTs ( non-fungible tokens ) represent something eccentric that is worth collecting. In traditional markets, people may have a passion for collecting artwork, comic books, trading cards, toys, and many other items. The problem in traditional markets has to do with overall transparency. Scammers around the world make a fortune on counterfeit copies that can be extremely difficult to monitor. Also, physical collectibles run the risk of being destroyed.

Blockchain infrastructure is fundamentally changing this market by offering “digital collectibles.” Opposed to having these collectibles in physical form, the collector actually possesses them in digital form. Digital collectibles rely on Blockchain technology to create an immutable ledger for record-keeping. With the Blockchain being immutable, this means that digital assets are stored forever and can not be altered. This is changing the way we look at transparency and authenticity in this market.

deadmau5 digital collectibles, WAX blockchain
Source: WAX Website Screenshot

deadmau5 will be offering rare digital collectibles within the virtual music industry. Through the WAX marketplaces, music enthusiasts can purchase digital collectible packs with a credit card or cryptocurrency. The WAX marketplaces give users the ability to trade digital collectibles with others, display their inventory, and share their collectibles on social media. deadmau5 has decided to create a new brand name called “RAREZ” for the digital collectibles. By placing these assets on the WAX Blockchain, they officially become 100% verifiable and authentic. This is why digital collectibles have gained so much traction in the last couple of years. As discussed above, the current collectible markets have many issues pertaining to transparency and authenticity.

deadmau5 NFT Sale

According to the recent announcement, deadmau5 NFTs will be for sale on Dec. 16, 2020. There will be two different packs that are offered for sale. Users can either take advantage of the 10-pack deadmau5 NFTs for $9.99, or the 30-pack NFTs for $28.49. These rare collectibles will be offered in various animation styles and will be designed around recent shows, video clips, and other deadmau5 specific artwork.

deadmau5 digital collectibles wax blockchain
Source: WAX Website Screenshot
deadmau5 Likes Blockchain

It is important to note that this is not the first time deadmau5 has been affiliated with Blockchain. As discussed above, deadmau5’s business manager has worked closely with the Emanate team since 2019. Through the EOS-based emanate.live platform, deadmau5’s business manager, Dean Wilson, has added 600+ tracks from the mau5trap record label. Emanate is a Blockchain-powered music streaming service. The platform is differentiating itself from Spotify and other leaders by paying artists in cryptocurrency per stream. Artists can earn EMT tokens on the decentralized music streaming platform.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice.

This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

You May Also Like
Blockchain And Intellectual Property (IP) Laws

Blockchain And Intellectual Property (IP) Laws

Data is the driving force of every system in this world. Social…
What is Spot Trading in Crypto? Exploring the Basics and Beyond

What is Spot Trading in Crypto? Exploring the Basics and Beyond

Crypto trading has rapidly emerged as a popular way to earn money…
How to take profits from crypto without selling

How to take profits from crypto without selling

In the fast-paced world of cryptocurrency, the potential for profits is an…
Sam Altman Worldcoin: A Revolutionary Vision for Distinguishing Humans from AI Online

Sam Altman Worldcoin: A Revolutionary Vision for Distinguishing Humans from AI Online

In the rapidly evolving world of cryptocurrencies and blockchain technology, Worldcoin, an…
Why education in the crypto space is important

Why education in the crypto space is important

The world of cryptocurrencies is rapidly evolving and it is important for…
What is the biggest benefit of decentralized decision-making

What is the biggest benefit of decentralized decision-making?

In today’s fast-paced and complex world, organizations face the challenge of making…

IBM and Tieto Among Finalists To Work With LBChain: FinTech Platform For Blockchain

Lithuania’s Central Bank announced that it has picked IBM Poland and Tieto Lithuania to…

UK Tax Authority Wants To Buy Blockchain Surveillance Tool For Tracking Dash, Monero, and Zcash

On January 17, Her Majesty’s Revenues and Customs (HMRC), which is the…
Top Web3 Jobs

Top Web3 Jobs: Exploring Lucrative Opportunities in the Decentralized World

In recent years, the emergence of Web3 technology has revolutionized various industries,…
ParallelChain, A Hotly Discussed Blockchain Project, & Its Q3 Token Listing

ParallelChain®, A Hotly Discussed Blockchain Project, & Its Q3 Token Listing

ParallelChain® has been differentiating itself from competitors in the Blockchain Space by…