A Small Choral Group Is Betting Big On Tokenizing Their Art With Blockchain – NPR

A Small Choral Group Is Betting Big On Tokenizing Their Art With Blockchain – NPR

A choral group in Dallas hopes to use blockchain to monetize their new recording. Instead of making pennies from streams, they can sell a single copy for thousands of dollars… if they find a bidder.

ARI SHAPIRO, HOST:

Blockchain has taken the art world by storm. That is the technology that powers cryptocurrencies like Bitcoin. These digital art pieces – paintings, gifts and videos – are fetching tens of thousands, even millions of dollars online. Some big names in music have started offering fans crypto collectibles. Christie’s has even started auctioning crypto art pieces. And a small choral group in Dallas thinks their new piece could also draw big bucks using this technology. Miguel Perez with member station KERA sat in on a recording session with Verdigris Ensemble to find out more.

UNIDENTIFIED SINGERS: (Singing).

ANTHONY MAGLIONE: Can we stop? Sorry to be a pain.

MIGUEL PEREZ, BYLINE: Producer Anthony Maglione is shuffling through sheet music inside a recording studio in Dallas. It’s almost 10 p.m., the end of a five-hour session for the singers on the other side of the glass.

UNIDENTIFIED SINGERS: (Vocalizing).

MAGLIONE: Yeah. All right. Yeah. That was a much
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