Santigold is the latest artist to experiment with NFTs in the context of an online fanclub. She is working with startup Medallion, joining a client list that also includes Jungle, Tycho and Sigur Ros.
Fans are promised exclusive content and the ability to vote on merch designs and send in questions for Santigold’s podcast, as well as claiming a free NFT. Interestingly, they can sign up with an email address or a crypto wallet – the former option making the club more accessible.
In less positive news, it has emerged that the collapse of crypto exchange FTX this week has a direct effect on the NFTs launched by US festival Coachella earlier this year. Billboard reported that Coachella sold $1.5m of NFTs through a partnership with FTX, including a top tier of tokens offering lifetime access to the festival.
“We do not currently have any lines of communication with the FTX team,” a Coachella employee told people on its Discord server. “Our priority is getting Coachella NFTs off of FTX, which appears to be disabled at the moment.” Ouch.
Finally, French collecting society Sacem has announced a partnership with NFTs marketplace Pianity that includes a currently-hot topic: resale royalties for creators, including musicians.
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…