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Decentraland To Host Ethereum’s First Music Festival

Decentraland To Host Ethereum’s First Music Festival
  • Decentraland will host a virtual live music festival called ‘To The Moon’.
  • The festival will start at exactly 6:00 PM UTC on July 11, 2021.
  • The event is a collaboration between NFT marketplace KnownOrigin, BEAR NFT, and Illumino.

Next Sunday, Ethereum-based computer game Decentraland will host a virtual live music festival called ‘To The Moon’. The festival will start at exactly 6:00 PM UTC on July 11, 2021.

Of note, Decentraland is a decentralized virtual reality platform powered by the Ethereum blockchain. It is a browser-based and crypto-powered online game with Minecraft-style and Second Life style-socializing. MANA is its Ethereum-based in-game currency. With it, holders can buy in-game items, and any one of 90,000 plots of in-game land as Non-Fungible Tokens.

Meanwhile, To The Moon is the name of the music and arts festival. It is a collaboration between KnownOrigin (an NFT marketplace), Illumino (an NFT tastemaker collective), and BEAR NFT.

KnownOrigin is hosting the festival at its virtual headquarters. The online music acts include performances by Ookay, SNBRN, Fred Thurst, Autograf, and Win and Woo.

Consequently, the organizers promise exclusive NFT goodies to attendees. Apart from this, attendees will receive a virtual POAP (Proof of Attendance Protocol) token to brandish on their Decentraland profile. Also, they can buy exclusive (virtual) clothes, including a bomber jacket and hat.

For sure, a lot of people have missed the summer live music festivals such as Coachella. Through this event, Decentraland will gather more audiences in their Ethereum-based game.

On the other hand, MANA is trading at $0.59 as of writing. Decentraland is up 4.76% in the last 24 hours with a 24-hour trading volume of $42,517,407.

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Britney is a market analyst who covers stories about the cryptocurrency world. She holds a Business Administration Degree in Finance and aims to let the readers understand crypto from a beginner perspective.