Grammy nominated duo ‘Cool and Dre’ launched a Token and NFT
Cool and Dre The Grammy-nominated super producer team ‘Cool and Dre,’ along with developer Peter Parente; have introduced their latest project; GreedSwap ($GREED) – one that has a lot of people wondering what’s going on and what’s next. It was only a matter of time before music and the rapidly expanding cryptocurrency market converged to change the way the world buys and sells music.
Chess Over Checkers: The Deal And The Plan
According to a recent press release; GreedSwap, also known as the $GREED project; has announced a new contract on Cardano, one of the fastest and third largest growing cryptos (ADA). This new blockchain will hopefully add value to the Cardano team’s growing list of successful projects. With 2,300 smart contracts on the verge of going live, ADA appears to be in for a big year.
If you’ve been following the blockchain; and the broader market for a while, you’re probably aware of how important each new partnership and project can be.
GreedSwap’s versatility; depth, and overall company potential make; it a potentially important player for Cardano. $GREED not only provides a game changer for the music industry; but it also provides something for investors in the form of a deep ecosystem. Farms; staking pools; a multichain NFT Marketplace; and a large Metaverse built in Decentraland will be part of that ecosystem; as will NFT wearables, driveables, and NFT keys.
These keys will grant you VIP access to certain areas of GreedSwap’s virtual world; including a Greed Music studio where you can watch your favourite musicians; and recording artists create music while also streaming live concerts.
Only Time Will Tell: The Change We Seek, Or Doom We Meet…
This news should provide a fresh perspective on how music can now be shared with the world; as well as the ability to connect artists with fans on a new level and engage consumers through cryptocurrency. Grammy-nominated producer duo ‘Cool and Dre’ Launched New Coin & Crypto Record Label. Artists and musicians have already gained popularity in the NFT world through collaboration and the creation of exclusive tracks; and albums. Big names in hip-hop; particularly Curren$y; have gotten involved (Curren$y released an exclusive NFT project titled ‘Financial District; and he will not be the last to do so, as many artists have taken this approach seriously).
Other artists, such as DJ Premiere, have also gotten involved with NFTs and cryptocurrency. The ability to cross promote on a variety of levels other than music makes; it easier for GreedSwap to spread its name in the crypto world.
Hopefully; it will stick; and we will all be able to see what this company can do to influence a new generation of musicians.