Chill RX
Medicine for the music industry
Overview
CHILL RX is a membership club for music industry disruptors. Each unique NFT gives access to a private discord filled with innovative record label executives, music artists, producers, and songwriters who all participate in the creative direction, business model, and governance of the 2x platinum + grammy nominated virtual music artist CHILLPILL and the virtual record label INDUSTRY RX. Fans become the artist, fans become the manager, and the fans become the record label. WAGMI
Solution
Using smart contracts to generate a NFT Collection. We facilitated the creation of smart contacts and transactions, generated 9,999 3D NFTs for the collection and developed a fully custom landing page to promote to drop.
Druk Wide
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Poppins Regular
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First Decentralized Artist
The first Grammy nominated decentralized music artist, where the community controls all artist, manager, and label decisions. Goals include: First decentralized top 40 song, first community created album, The first decentralized Grammy win and royalty distribution
Results
2.8 m USD
Breakdown of financial return within the first 10 hours of minting sale
2.4 m USD
With 2.4 million USD of monthly secondary sales, ChillRX receives 174,000 USD in royalty fees.
10 hours
Sold out the NFT Collection in under 10 hours
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