.png){kind=logo}
NFTs have really helped to digitalize human arts over the past two and a half years. It started with regular art being hosted on the blockchain as NFTs and artists were selling some of their digitalized artwork for millions. For example, Beeple sold some of his pieces for over $50 million.
After the artwork came the music. Musicians across the globe started to release digitalized versions of their albums in the form of limited edition NFTs. Fans clamored to get a piece of history as artists dropped their projects on the blockchain. For example, the musician 3LAU raised over $11.7 million with his Ultraviolet NFT album.
Then, NFTs started to expand further into real-life events and festivals. The first was DevCon in 2017, but since then, many festivals have started introducing NFTs into their events in one way or another.
It seems that crypto technology will continue to digitalize human arts as we progress into the future.
Here are the 5 best NFT art projects that are digitalizing human arts.
1. Cocky – An exclusive lifestyle club providing access to world-class music events
2. Afterparty – A membership-based community for music events
3. Coachella – A world-famous music festival in California
4. Tomorrowland – A popular arts and music festival in Belgium
5. Dreamverse – An exclusive Arts, Music, and Technology Festival in NYC
Cocky is digitalizing human arts by creating an NFT-based lifestyle club that gives holders access to world-class music events.
If you're a fan of electronic dance music events and love to travel to prestigious locations across the globe, then the Cocky Can NFT collection is certainly something you should own.
The Parasol Group created the project with utility at the forefront of its mission. They believe that NFTs should expand beyond the scope of investment potential and wish to provide real-world utility to their holders by producing once-in-a-lifetime experiences that are exclusive to their members.
Cocky will host two in-person annual events alongside regular virtual events hosted through a live stream. To gain access, you must hold one of the 10,000 Cocky Can NFTs. This NFT collection comes with 51 different skin variations with three separate colored lids (Silver, Gold, and Black) to represent a tier-based system with various benefits.
The benefits include;
Cocky has developed a unique feature for their NFTs, which they have dubbed Mutations. These Mutations appear in the background of an NFT every time the owner attends one of the Cocky events or participates in the ecosystem. The Mutations take the form of a stamp, similar to what you receive in your passport during international travel, that is displayed on the background of every NFT.
Eventually, these Mutations will ensure that every single Cocky NFT is completely unique. It will allow holders to write their own stories about their journeys through the Cocky ecosystem, and the NFTs with the most mutations will become highly desirable.
Furthermore, Cocky events aren't held in typical festival locations such as farmer's fields or empty warehouses. Instead, all Cocky events will be held in unconventional locations that will pay particular attention to the landscape, culture, and history where the event is hosted.
Due to the inherent constraints in unconventional locations, the ticket volume will depend entirely on the venue's capacity. Therefore, Cocky NFT holders will need to be quick to register their interest in attending the events.
If a holder receives a ticket and cannot attend, they are free to sell their ticket on the custom-built, secondary market created by the team. To add further utility to all holders, only those with a Cocky NFT will be able to purchase tickets from the secondary marketplace.
Cocky is just starting out, and their NFTs are set to be minted on the Ethereum network sometime in Q4 2022. Cocky has a mission to expand its community by throwing bigger and better events as time goes on. All electronic music lovers will want to attend Cocky events as they will be once-in-a-lifetime experiences. Eventually, Cocky will open up its tickets to the general public, but the VVVIP benefits will still remain exclusive to Cocky NFT holders.
Overall, Cocky has created a fantastic ecosystem for electronic music lovers, providing them with the opportunity to enjoy their favorite music while traveling to prestigious locations across the globe. Their exclusive events are set to be world-class, providing NFT holders with experiences that money can't buy – but holding one of their Cocky NFTs can.
Afterparty is a membership-based community that allows its NFT holders to attend music events and experiences in different locations across the globe.
The project is already on the radar of some high-profile investors and venture capitalists. They have raised over $7 million in funding with notable investors, including Paris Hilston, Acrew Capital, and Andre Iguodala.
Afterparty has two separate NFT collections – the Utopian NFTs and the Guardian NFTs.
The project hosts an Art and Music festival every year in Las Vegas. Their latest festival was in March 2022, featuring performances from The Chainsmokers and Diablo. However, there were no tickets issued for the festival. Instead, the event was attended by over 6,500 Afterparty Utopian NFT holders, who had exclusive access to the festival.
All holders of the NFTs receive the following benefits during the festival;
In addition to these benefits, all Utopian NFT holders receive free artist-level access to the Afterparty Art & Music festivals that will take place over the following five years.
Festivals aren't the only type of events they hold; the project has events scheduled throughout the year. In addition, the company will continue to host musical concerts with partnered artists, their latest being a concert for the famous American musician Lauv.
Coachella is a well-known, established music festival hosted annually in California. The festival's full name is the Coachella Valley Music and Arts Festival, but it is often just abbreviated to Coachella. It is one of the world's most popular festivals and often has performances by some of the most famous musicians on the planet, such as Beyonce, AD/DC, Jay0z, Coldplay, and Oasis.
Coachella has a long history, with the first festival being held in October 1999. The festival typically hosts over 200,000 people and brings in over $100 million in gross revenue.
Crypto has started to digitize Coachella as it released an NFT collection for its festival this year. Their Coachella Collectibles were released in partnership with FTX USD, and they provide the following benefits;
Through the partnership with FTX US, Coachella will build a marketplace on Solana with a particular focus on being environmentally friendly. One of the great things about the NFT collection is that a portion of all the proceeds generated from the sales will be donated to different charities. Some of the charitable organizations lined up are;
Currently, Coachella offers 10 NFTs from the Coachella Keys Collection – providing lifetime access to the festival at a cost of $1 million. They also offer 10,000 Sights and Sounds NFTs and 1,000 Desert Reflections to celebrate Coachella's 20-year history.
Tomorrowland is a Belgian electronic dance music festival held in Flanders. The festival has been running since 2005 and is growing exponentially every year. In 2010, around 100,000 people attended the festival. During their latest festival in July 2022, over 600,000 people attended.
Crypto is also starting to digitize the Tomorrowland festival after the event organizers introduced NFTs into the ecosystem. Their NFTs are quite interesting as they have three separate collections that can be combined together to create the Medallion of Memoria.
The first collection was called A Letter from the Universe. This collection provided the following benefits;
The second collection, The Reflection of Love, provided access to secret shows at Tomorrowland Belgium 2022, access to the same Discord server, and further giveaways.
The third collection is yet to be released. However, this is the missing piece to the puzzle that everybody is waiting for and will allow NFT holders to form their Medallion of Memoria. The collection will consist of 6,500 NFTs and will be available on the FTX and Magic Eden Launchpads.
Once the third NFT collection is dropped, NFT holders can finally create their Medallions by combining one NFT from each drop. Holders of the Medallions will then have the option to either hold it to enjoy the utility or burn it in exchange for a Full Madness pass for Tomorrowland Belgium in 2023.
Overall, Tomorrowland has taken things one step further than Coachella in creating an exciting NFT ecosystem for its fans.
Dreamverse was perhaps the world's first NFT-focused music, art, and technology festival that was hosted in Terminal 5, New York City, in November 2021.
The project was produced by Metapurse, a crypto fund that actively supports artists and pioneers in the NFT and crypto space. They have been in the industry for quite some time, and they eventually purchased Beele's Everydays: The First 5000 Days artwork for $69 million dollars.
After purchasing the artwork, Metapurse went on to create Dreamverse to celebrate the merging of physical and digital realms in the cryptocurrency space. They described it as an expression of the digital renaissance, showcasing the pinnacle of NFT art and VR experiences from the Crypto world.
Their first event was split into two parts. The first part featured an NFT gallery which attendees could enjoy during the daytime. Here, Dreamverse showcased Beeple's artwork in a digital interactive experience that a set played by DJ Alesso accompanied.
The tickets were sold for the event in the form of digital NFTs that would change color when the holder attended the event. They were created by Alottamoney, a crypto-artist making waves in the NFT space.
Although they have only thrown one event so far, it is expected that they will continue to host more in the future.
As you can see, a handful of prominent projects are already well on their way to digitalizing human arts. From music festivals to album sales, NFTs will continue to change the way that events are formed in the future.
In our opinion, Cocky is the outstanding project on this list. Their exclusive lifestyle members club provides an avenue for electronic music lovers to attend their favorite music events while visiting prestigious locations. Making the events exclusive to members will work favorably for NFT holders as electronic music fans will need to get their hands on them if they wish to attend.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
