The music industry is a dynamic and ever-evolving landscape, where artists are constantly looking for innovative ways to share and monetize their creations. In this pursuit, a groundbreaking partnership between Sound and BASE, an Ethereum layer 2 platform developed by Coinbase, has emerged, offering artists the opportunity to create music using blockchain technology. This collaboration holds the promise of transforming the way musicians interact with their audience and revolutionizing the music industry as a whole.
Sound, a popular platform for artists, has introduced a new feature that allows musicians to mint their music on BASE. By doing so, artists gain access to the Coinbase blockchain ecosystem, paving the way for new possibilities in the industry. BASE, with its reduced gas fees and faster transactions, aims to onboard the next billion users into the world of blockchain. This integration empowers artists by providing them with a seamless experience of uploading and withdrawing music, free from bridging processes or the need to purchase crypto. In addition, Sound covers all associated gas fees for uploads, revenue splits, and post-sales withdrawals, further enhancing the accessibility for artists.
One of the most significant advantages of integrating with BASE is the potential to attract a vast new audience. With over 100 million users and $130 billion in capital on Coinbase, BASE has the potential to become a game-changer in the music industry. This user base is expected to drive increased attention to emerging music artists in Web3 on Sound, opening doors for greater exposure and opportunities for growth. By providing a more user-friendly experience and reducing barriers to entry, this collaboration brings forth a new era of engagement between musicians and their fans.
For collectors, the partnership with BASE provides exciting new opportunities. Acquiring songs on BASE involves bridging ETH to the platform, either through the official BASE bridge or by using a credit card or mainnet ETH. Collectors can now acquire songs delivered on the BASE chain, creating a unique and immersive experience for music enthusiasts. To celebrate the launch of this partnership, BASE has released its first-ever song, “Based,” produced by Reo Cragun and Heno. This exclusive track is available as a free open edition collectible on a special Base profile on Sound, allowing collectors to engage with exclusive content like never before.
The integration of Sound and BASE represents a revolutionary development in the music industry, as it brings together the power of blockchain technology and the creative talents of artists. By prioritizing user-friendly experiences and removing traditional barriers, this collaboration paves the way for new doors to be opened for musicians and fans alike. The possibilities are endless, and this partnership marks a significant milestone in the ongoing evolution of the music industry.
The Sound and BASE partnership is set to revolutionize the music industry by leveraging blockchain technology. Through this collaboration, artists gain access to the Coinbase blockchain ecosystem, expanding their reach and opportunities for growth. Collectors are presented with new and immersive experiences, acquiring songs on the BASE chain. With a focus on user-friendly experiences, this partnership aims to reshape the industry, empowering musicians and creating exciting engagement for fans. The future of music is here, and it looks more promising than ever before.