Elon ‘EDM’ Musk Drops Song About NFTs, Which He Also Might Be Selling As An NFT
With each passing day, more and more people are getting in on the non-fungible token craze as crypto art continues to trend online. Earlier today, Elon Musk became the latest high-profile individual to join the fray when he shared an EDM song about NFTs on his Twitter.
Posted around 4 p.m. EST, Musk tweeted out a two-minute video featuring an electronic track with a rotating gold “vanity trophy” emblazoned with various cryptocurrency references like “hodl,” Dogecoin, WallStreetBets’ diamond hands and “to the moon” rocket emojis with a sign reading “NFT” crowned upon the top. The trophy shifts words to later include “computers” and “never sell” as the lyrics sing to the beat.
Upon using the music-identifying app Shazam, the results pull up the title "NFT For Your Vanity" by artist Elon "EDM" Musk, though it doesn’t exist on Spotify or any other platform yet.
The tweet also mentions that he’ll be selling the song as an NFT, but no link has yet been shared by Musk nor any confirmation that it’s been minted on any particular crypto art marketplace.
In recent weeks, Musk has been a proponent of cryptocurrencies like Dogecoin and Bitcoin, while also referencing the recent hype surrounding NFTs and also tweeting support for WallStreetBets and the GameStop Short Squeeze, all of which are referenced in the song and video.
Digital artist Beeple, who sold an NFT collection of his artwork last week for a record $69 million at Christie's auction house, replied to Musk's tweet and said he'd offer him his recent sale earnings for the track.
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VeteranAdventureHobo
Elon seriously needs to get a reality check, the internet does not need to be simping for a guy who does such stupid and destructive shit. This NFT is doubtless going to release enough greenhouse gases into the atmosphere to compete with a whole fucking cities electricity production.
Seriously, the crypto currency mining that pays for this shit produces more greenhouse gasses than most things. Its insane
Don
"this shit produces more greenhouse gasses than most things."
I'm not an expert on this subject, but it appears there are some conflicting arguments about how NFTs and cryptocurrency in general stacks up in the carbon footprint department:
Source: http://sterlingcrispin.blogspot.com/2021/02/crypto-art-sky-is-not-falling.html
VeteranAdventureHobo
That's the total impact on the footprint of all things. In terms of individual NFT sales, it can burn more carbon than a house in an entire year. It looks minor because that chart is about the total carbon released. And the fact that the relatively small amount of crypto currency mining that does happen is even traceable means that if it gets more popular you can expect the footprint to go up rapidly