Nas announced its partnership with blockchain platform Royal to offer 50% of the streaming rights to two of its songs as NFT.
According to a press release, a limited number of tokens will be offered on January 11, granting holders a portion of the publishing rights to “Ultra Black” and “Rare” from king’s disease and King’s disease II, respectively.
Of the partnership, Nas said, âI’m always looking for new and unique ways to connect with people. So I’m delighted to partner with Royal in their new venture to bring the world to my music in a new way. Meanwhile, Royal Co-Founder and CEO Justin â3LAUâ Blau said, âThe fact that Nas is the first artist to sell royalty rights through Royal is an incredible affirmation of our mission. It’s proof that artists of all genres are keen to democratize ownership of their music and want to be connected to their listeners on a deeper level.
Royal’s investors also include other electronic artists from 3LAU, The Chainsmokers, Disclosure and Kygo, while hip-hop artists involved include Joyner Lucas, Logic and Stefflon Don.
Nas also announced today (January 6) that he give a special concert with the LA Philharmonic Orchestra later this year. The rap icon has been added to the winter / spring program at the Walt Disney Concert Hall in Los Angeles, which was announced earlier today.
Nas will be heading to the concert hall on May 1 for a show that will see him perform his flagship album Illmatic in full. This won’t be the first time the rapper has given the record an orchestral treatment – in 2014, he teamed up with the National Symphony Orchestra for another play of the album in its entirety.
Christmas Eve, Nas released a new surprise album called Magic, which was produced entirely by Hit-Boy. The record marked his third team with the producer after king’s disease and King’s disease II.