{"id":9604,"date":"2022-03-26T01:52:35","date_gmt":"2022-03-26T01:52:35","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/music\/an-independent-artist-just-made-20000-in-one-day-selling-nfts\/"},"modified":"2022-03-26T01:52:39","modified_gmt":"2022-03-26T01:52:39","slug":"an-independent-artist-just-made-20000-in-one-day-selling-nfts","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/music\/an-independent-artist-just-made-20000-in-one-day-selling-nfts\/","title":{"rendered":"An Independent Artist Just Made $20,000 in One Day Selling NFTs"},"content":{"rendered":"
NFTs have transformed the indie-music industry by allowing new and underground artists to build their own communities. Thanks to these digital tokens, many independent musicians are now in a position where they don\u2019t need a corporate label to reach an audience. The latest proof of this power is pop artist Thomas Pipolo a.k.a. Pip\u2019s Cotton Candy Backstage Passes, which made a whopping $20,000 (6.8 ETH) within 24 hours of their release.<\/p>\n
The Cotton Candy NFTs were launched on March 21, 2022, as part of the artist\u2019s independent crowdfunding campaign. Singer-songwriter Pip is trying to raise more than 35 ETH (about $109,660). His crowdfunding page on Mirror.xyz mentions that he needs this amount for his upcoming EP NFT drop, his debut EP (a mini album with two to five songs), Cotton Candy Skies, and to start his own label Cotton Candy Records.<\/p>\n
There are three types of Cotton Candy Backstage passes; Silver Backstage Pass, Gold Backstage Pass, and Platinum Backstage Pass. Benefits associated with each of these vary according to their price. For instance, all the NFT pass holders can enter the member-only platform onlycottoncandy, but users with the platinum pass (the most expensive NFT) are also eligible for free entry in all Pip headlining concerts for their lifetime.\u00a0<\/p>\n
Moreover, owners of Pip\u2019s NFT passes enjoy several other exclusive features and benefits, such as access to live studio sessions, meetings, merchandise, and unreleased content. They also get lifetime concert tickets through onlycottoncandy, and early access to Pip\u2019s new releases such as MONACO \u2013 the first single from Cotton Candy that\u2019s coming on March 25.<\/p>\n
Pip claims that Cotton Candy Records, which he is planning to launch after his EP, would be one of the first blockchain-based record labels. He said in an interview with NFT Culture<\/em>, \u201cThe fans and supporters investing in these Backstage Passes are giving me and my team a chance to make our dreams come true. That\u2019s why I\u2019m so excited to launch our upcoming record label Cotton Candy Records on the blockchain, which will allow us to help other artists with their projects. This will be revolutionary in the Web3 space and in the music industry as a whole.\u201d<\/p>\n