During Miami NFT Week, the event that preceded Bitcoin Miami, the largest cryptocurrency event globally, American rapper French Montana announced that his next album would be a non-fungible token (NFT) that will be used within their own play-to-earn metaverse.
According to Radio Caca, the metaverse will be a 2D play-to-earn game integrated with Radio Caca’s (RACA) metaverse platforms, specifically Metamon Worlds. The metaverse will be called 2DMMontega and should be released around July 2022.
Also, according to the artist, the album will come with characters in the 2D game.
“It’s the first NFT collection that combines music, visual art, games, and the metaverse. NFTs are a big deal for artists. I finally own 100% of my music,” the rapper said.
About NFTs, Montana said he sees great potential in NFT technology in music and other creative industries and that NFTs are a great way to confer ownership on intellectual property.
“My New Year’s resolution this year was to own everything that has my name on it. I want to make sure my family benefits from everything I create, not some record label,” he said.
According to him, NFTs also allow artists to create a deeper connection with their biggest fans, engage more with them and get to know them.
“I don’t want to badmouth any platform, but if you go to sites like Instagram, the connection you get there is pretty shallow. NFTs allow you to create a real community,” Montana said.
Announcing: my next NEW ALBUM "Montega" NFT drop with @RadioCacaNFT @OpenPFP @EmmaRACA @JeffWatney at @MiamiNFTweek
The biggest and the most innovative NFT drop ever.#FrenchMontana #MusicNFT #RACA #NFT #NFTs #Metaverse #MiamiNFTWeek #Blockchain #CryptoNews pic.twitter.com/aJNPPFSCfY
— French Montana (@FrencHMonTanA) April 1, 2022
NFTs are the next music trend
The rapper said that he sees NFTs as the natural continuation of technological trends that the music industry has gone through. The metaverse is not a digital world separate from the physical world but one world that people need to adapt to this revolution.
French Montana said:
“When I started, DVDs were the only game in town. Soon, YouTube became big business. After that, the same thing happened with Instagram and TikTok. ‘I live in the real world, they say. The universe, not the Metaverse,’ say some of the critics. But when I talk to younger people, like my nephews, they’re much more open to it. You have to constantly adapt to new trends so you don’t fall behind.”
According to the rapper, 10,000 physical copies will also be released with the CD signed by hand. Regarding the metaverse game, $25 million is being invested in creating the game.
The developed NFTs will also have different functions in 2DMMontega and rewards in Metamon Island and Lost World, both produced by Radio Caca.
Following Montana’s announcement, an official publication by Radio Caca on Medium stated that the metaverse would be move-to-earn, where players are rewarded for spending 30 minutes in the game.
About 2DMMontega, Radio Caca also stated that the game would have NFTs called Kevin badges as the primary token generated from playing, in addition to houses, cars, and other items in NFTs, which according to the developers, will be the next investment trend: collecting in the metaverse.
“In the real world, most urban young people become indebted with mortgages for homes and car loans/leases for their cars. Over time, the home needs repairs, and the car gets worn out, tires changed, and eventually a new one—a never-ending cycle of cost and debt. In the Radio Caca universe, holding a house or car for their avatar characters will only grow in value and create a more free future because these houses and cars are assets that can be passed on from generation to generation and that can grow in value.”, as stated on the recent Radio Caca medium post here.
Metaverse on Ethereum
The metaverse will be built on the Ethereum blockchain and will support all smart contracts performed on ERC-721 and ERC-1155. According to the team, if the user has any NFT built in this pattern, it can be integrated and used as a playable item in the metaverse.
NFTs will be used to their full potential in 2DMM, representing all of your assets in the game, be they pets, 2D houses, or various tools. NFTs will even unlock a custom view to experience unique visual effects for any type of NFT.”
Going into more detail about the game, the developers reveal that there will be three different stories with three game views. To interact with these resources, 1 million NFTs of 2D houses with varying rarity types between castles, mansions, and villages will be sold. In them, owners can decorate their space, display NFT art, and organize events.
The Kevin Badge NFT will, as one function, be a reward for each user who deposits an NFT from a verified collection in the new 2D metaverse. Any user with a Kevin Badge will have access to airdrops, private parties in the metaverse, and exclusive access to whitelists, among other benefits.
2D Houses can also be earned by playing Metamon Island.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.
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