Grammy-nominated DJ and producer Todd Terry will be one of the initial artists to sell digital art piece on the new NFT platform VINCI . This is one of the most popular collaborations which the soon-to-launch European digital art market VINCI has in store.
About the partnership
VINCI is mainly planned to be an NFT platform dedicated to music and arts. Artists will get a percentage of the resale price in royalties for each NFT resale. Besides, to have an exclusive artwork by their favorite artist, collectors will get part of the royalty payments.
VINCI aims to use blockchain technology to facilitate investment for fans and collectors in digital art. Additionally, the NFT platform aims to generate a new income stream for artists and strong fan community.
Since November 2021, VINCI has risen from power to power. It currently has its own token, and via its pre-order alone, it has raised over $2.5 million, all before the official release of the marketplace. Thus, such a high-profile partnership will continue to increase the market’s reputation.
“It makes me proud to be able to welcome Todd Terry more to my platform,” stated Brett Voorzaat, VINCI’s CEO. Todd Terry is a true house legend and musician fans and collectors can invest in it and become part of something really unique.
“Presently, musicians are so dependent on the revenue from their shows, while streams on services such as YouTube and Spotify contribute so little to new artists’ salaries,” he said. “Our plan is to create a new way for artists to make a living off their work and passion.”
VINCI will launch its products in 2022. Plus the NFT marketplace, VINCI will introduce a launchpad for third-party tokens and a range of exclusive events as well. In addition, aspiring NFT creators can currently enter the VINCI’s art competition to win a $55,000 prize pool.
About Todd Terry
Todd is one of the pioneers in house music. In the 1980s, he played a key role in shaping the New York’s house scene. Todd, best known for mixing house music with hip-hop breaks to create a more famous sound, he has gained commercial success outside the underground scene. Additionally, his work on sampling is very popular. This is because it combines hip hop, classical disco and Chicago house sound.
Todd joins a growing list of DJs and producers dipping their toes into the NFT space. These are DJ White Shadow, Frank Dukes, and Dimitri Thivaios.