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Dallas Symphony Orchestra Releases Classical Music NFTs on Rarible

The opening bid for an NFT featuring the video of an emotional musical concert held in May will be $50,000.

Jul 28, 2021 at 4:21 p.m. UTC
Updated Sep 14, 2021 at 1:32 p.m. UTC

The Dallas Symphony Orchestra has created non-fungible tokens (NFTs) that it is offering on NFT marketplace Rarible. 

  • The orchestra has released NFTs, which celebrate a historic musical event that took place at the Morton H. Meyerson Symphony Center in Dallas in May.
  • The NFT captures Dallas Symphony Orchestra (DSO) music director Fabio Luisi and MET Orchestra musicians in an emotional performance of Mahler’s First Symphony in front of a live audience. It marked the first time many non-DSO musicians performed for a live audience since the coronavirus shutdown in March 2020. 
  • The bidding for an NFT featuring a video of the full concert, plus behind-the scenes footage and a VIP experience at the 2022 reunion concert, will open at $50,000.
  • Proceeds raised will go toward a charity that will benefit MET Opera Orchestra musicians affected by the COVID-19 pandemic.
  • There will also be 15 NFTs priced at $1,000 each featuring a video of the first movement, an interview with Luisi and a ticket to the 2022 reunion concert.
  • Finally, there will be 25 NFTs priced at $100 of an audio of the final movement of Mahler's First Symphony with photos of the musicians and the performances. 
  • NFTs are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers.

DISCLOSURE

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