Michael Jackson, the iconic “King of Pop,” extends his legacy into the blockchain realm through non-fungible tokens (NFTs).
In a recent announcement, music-centric platform Anotherblock, dedicated to decentralizing music rights by linking NFTs to royalty rights, unveiled Michael Jackson’s first recording.
Dating back to 1967, the recording captures an 8-year-old Michael Jackson and his brothers at One-derful Records, which was an independent R&B and soul label in Chicago.
Lost for half a century, the tape has now been digitally released for the first time.
The recording, named “Big Boy (One-derful version),” distinguishes itself from the already released “Big Boy (Steeltown version),” recorded a year later in 1968.
Anotherblock dropped the recording as an NFT vinyl on the Ethereum blockchain, featuring two editions. The Limited Edition, limited to 1,000 copies, was priced at 0.0426 ETH (equivalent to $100), and it already sold out. The Open Edition, with an unlimited quantity, is still available for purchase at 0.01065 ETH or $25.00, with three days remaining.
This isn’t Anotherblock’s first venture into releasing exclusive tracks as NFTs to reshape the music industry and elevate fan interaction.
In February, the platform collaborated with Deputy, offering fans a share of streaming royalties from Rihanna‘s hit song “B**** Better Have My Money” as NFTs. The entire collection sold out within minutes during the whitelist sale.
More recently, in September, Anotherblock launched NFTs for Justin Bieber‘s hit song “Company,” offering fans a 1% royalty share in a limited run of 2,000 NFTs released by co-producer Axident.