Our Lady Peace to release Canada's first-ever NFT album
BNN Bloomberg
Award-winning rock band Our Lady Peace is releasing their latest album as a non-fungible token on Oct. 30 — becoming the first artists in Canadian history ever to do so.
Award-winning rock band Our Lady Peace is releasing their latest album as a non-fungible token (NFT) on Oct. 30 — becoming the first artists in Canadian history ever to do so.
The band, which formed in Toronto in 1992, has seen multiple hits across the world, and remains one of the best-selling Canadian ensembles of all time.
Their latest and 10th studio album, dubbed Spiritual Machines 2, will be a thematic sequel to the double-platinum certified Spiritual Machines from 2000.
Before the new album is widely released, it will be available exclusively for two months in the form of an NFT — a unique cryptocurrency unit that operates on a transparent blockchain; which means anyone can see the details of an authentic transaction, but unlike Bitcoin, it is not interchangeable and is a completely one-of-a-kind digital asset.
In an interview, Our Lady Peace frontman Raine Maida explained how the release of his band’s latest album as an NFT is "the most perfect love letter that could ever be written to our fans and listeners.”
He said the timing was serendipitous because Spiritual Machines 2 is a 15-track record that can best be described as “future rock,” conceptually continuing the legacy of its predecessor, with both albums based on futurist and inventor Ray Kurzweil's prophetic 1999 book The Age of Spiritual Machines.
