Muse made history with their ninth LP Will Of The People, marking the first UK album to incorporate NFT technology.
The limited edition “digital hit” was made in partnership with Warner Music UK and Serenade, an eco-friendly music web3 marketplace.
It is the first full-length record containing NFT (non-fungible tokens) elements to top, and the first new format added to the official album chart since it began. compute streaming data in 2015.
A fairly recent craze from the crypto world, NFT is the only digital asset that exists on a blockchain and cannot be copied.
To clarify, if something is replaceable, it is interchangeable for another good or asset – non-substitutable means it is not.
Last year, a piece of digital art sold for more than $69 million (£50 million) at Christie’s, marking the first sale by a major auction house for a work of art that does not exist in physical form.
Muse’s NFT album is limited to 1,000 copies globally and, along with another cover, comes with a downloadable version of the discography in the form of high-resolution FLAC files that the band has technically signed. number.
Each of the 1,000 buyers also had their name permanently listed in the linked buyer list.
After NFT albums qualified for the charts a few months ago, Martin Talbot, chief executive officer of the Official Charts Company, called them an “exciting new format” and said he believed they were. will be on the list for many years to come.
With Aitch’s Close To Home becoming the first NFT project to break into the official UK album chart last week, it seems he’s right.
It’s a double award for Muse – a three-man band from Devon consisting of the lead singer Matt Bellamybassist Chris Wolstenholme and drummer Dominic Howard – who also marked the seventh number-one album in the UK with this record.
Will Of The People outsold the rest of the Top 10 combined, amassing an impressive 51,500 chart units in its opening week.
Muse can now count himself among fellow bands The Killers and The Prodigy, who also boast seven chart-topping LPs.
Bellamy had previously released three new songs as NFTs, one of which was recorded on one of the guitars of the late American musician Jeff Buckley.
Muse will tour the UK next summer.