Web3 music platform Public Pressure’s first official music and gaming NFT project in partnership with decentralized autonomous organization (DAO) Moonsama, generated $2 million in revenues in just days since its debut.
Public Pressure, which was originally launched in 2015 as an online community and magazine, recently rebranded as a Web3 platform, Pclaiming to power “a fair and equitable” direct-to-fan strategy for creators.
For its first project, Public Pressure teamed up with Moonsama to introduce music as a gaming utility for the first time inside the Moonsama gaming metaverse.
The PODs NFT collection comprised 3,333 limited edition NFTs that were sold for a fixed price of $600 apiece and contained unreleased music tracks by Merk & Kremont.
The collection was sold out ‘within days’, according to Public Pressure, generating $1.99 million in sales.
Moonsama is an NFT ecosystem powered by blockchain technology. It features composable NFT collections, a range of Web3 assets and NFT marketplaces.
Public Pressure said in a Monday (December 5) press release that Moonsama is the biggest community within the Polkadot blockchain ecosystem. It allows players to buy in-platform NFTs as utilities.