CYMO is moving into the web3 space with the drop of the single "Jetlag." He's partnered up with biddz to put up a portion of his royalties through the purchase of NFTs. The whole territory is new, from NFT themselves to biddz being a possibility at all, CYMO could certainly be considered an early adopter given what is occurring here altogether. 50% of the track is available to be purchased, with no more than 1% being possible to own per fan. When you buy you receive a biddzCard, which make the purchase valid and able to be shared through social media.
Royalty payments are made out to fans just as they would to the artist team - they are fully integrated into the picture. Considering all this, take the next step of interaction available between artist and fan - be a part of something unique.
With all the action happening in this space, CYMO took the time to chat about the technology, how he prepares himself to make music, and more.
How long have you been into the crypt/NFT space?
I have been dealing with this topic for a while and I’m really fascinated by it. Unfortunately, I wasn’t able to get an NFT (apart from my own of course), as I have not yet been whitelisted for the sales I was interested in. I’m definitely hanging out on the relevant platforms, reading a lot about it and I own a wallet.
So yeah, I think NFTs are great. Just imagine, when artists are able to sell their music and can be compensated directly and more fairly. If an NFT owner decides in the future to resell the NFT, the original creator (artist, producer, songwriter) can automatically receive royalties - and this process can continue each time the NFT is sold.
How involved are you with the website biddz?
For me as an independent artist, it is often difficult to get the necessary attention for my releases. This also has to do with the placements in playlists on streaming services. My manager and I wanted to try something new. I also have an extreme affinity for new technologies and have been interested in cryptocurrencies, blockchain, NFTs and Metaverse for a long time. When we found out about biddz.io, we didn’t have to think twice and joined the great team of this platform.
What aspects about biddz are the most exciting to you and how would you say it's different in comparison to sites like sound.xyz?
I think the principle of both platforms is quite similar. however, one big difference is that you can't resell biddz at the moment.
The cool thing about biddz for me is that this platform was founded by two German guys - The former Head of Amazon Music Germany and his colleague and that I am one of the first artists to be featured on this platform.
Did you make "Jetlag," knowing it would be available to invest in on biddz?
Haha no. When we sat down to write Jetlag, my co-writer and vocalist Tyler had just flown into Frankfurt from the USA. It didn’t take long for us to take that feeling and use it to write this song.
How do you get into a creative mindset before you get to the studio to make music?
I listen to a lot of music, I love watching all kinds of series and documentaries, and I get inspired by people and their stories. That’s how Jetlag happened. Tyler just arrived from the USA, was jetlagged, and we wrote a song about it.
What advice would you give to young people who are eager to break into the music industry in some form?
Don’t follow trends. Create your own style and come up with something unique. Try to be the best version of yourself. Believe in yourself and stick to your plan.
Do it because you love it and love it!
What artists are you go-to's for listening at the moment?
Concerning Dance music, I listen a lot to Lost Frequencies, Flume, Diplo and Swedish House Mafia lately. But I also listen a lot to all kinds of genres: soul, hiphop, indie and alternative, but also pop. It’s important to understand how music in general is developing nowadays, but it’s as important not to forget its roots.