Photo Credit: Public PressurePublic Pressure, a web3 music specialist officially launched in August, announced its first official NFT project sold out within days, generating $2 million in revenues.
Italian DJ duo and UMG recording artists Merk & Kremont have teamed up with Public Pressure to create a series of PODs — NFTs containing songs that users can equip inside the web3 gaming platform Moonsama. Once equipped, each song unlocks in-game features or power-ups, including playing the purchased track within the game.
The PODs NFT collection comprised 3,333 limited edition NFTs, sold for a fixed price of $600 each. Each contained unreleased music tracks by DJs Merk & Kremont. The release sold out within days, generating $2 million in revenues.