Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Crypto: The Musical a theatrical show about the adventures of the world of cryptocurrencies and Web3 that is looking to make its way to Broadway.
- Crypto: The Musical wants to reach Broadway.
- The project seeks funding through MusicalDAO.
- The play will feature songs about crypto and tickets will be sold as NFT.
Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. is pure theater – literally. Cryptocurrencies are not only entering the Wall Street, but also make a place for themselves in the art scene of Broadway.
A new creative project is working on a musical that plans to bring, for the first time, a story about digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies and disruptive technology to Big Apple amphitheaters. Titled “Crypto: The Musical“, the play will tell the story of Zoe, a woman who quits her corporate job to join a cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. startup; and that’s not all.
It wouldn’t be a true cryptocurrency project if it didn’t leverage money that a trader borrows from a brokerage, enabling them to gain far greater exposure to a position than what their capital allows. blockchain technology. As you might expect, the production has its own DAO decentralized autonomous organization, system of rules that define how a decentralized organization should operate and which actions it should take. (decentralized autonomous organization) that allows stakeholders to participate in the financing of the project in exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. for exclusive benefits, such as review CoinDesk . In addition -and why not- tickets for the play will be NFT.
Crypto: The Musical
Crypto: The Musical is a project of the creator Amanda Cassatt and features the collaboration of a group of renowned artists and creatives. According to página web oficial was developed by executive producers Daniel Mertzlufft and Macy Schmidt, of Ratatouille: The TikTok Musical, in collaboration with book writer Jackson Rickun and lyricist Kate Leonard.
In addition, the theatrical piece features Tony Award honorees, Cliff Hopkins, ex CMO de Instagram and producer of The Piano Lesson, and Dori Berinstein, who has produced numerous Broadway hits, including Legally Blonde. The musical will be produced by Serotonin a Web3 marketing agency.
A story full of crypto-adventures
Throughout the piece, viewers will accompany Zoe on her adventures through the world of cryptocurrencies “ and the many absurdities, heartaches and triumphs he experiences along the way. “a spokesman told CoinDesk .
It wouldn’t be a cryptocurrency musical without crypto-themed songs either. As revealed by that news outlet, there will be a unique musical repertoire, with songs that will address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. familiar industry topics such as the NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. and the test of Howey (a metric for determining what qualifies as a value). In general, the music tracks will be full of crypto references even a love song about the main character who talks about being “ tied to a stable man “(a nod to the stablecoins ).
Despite all the references, it will not be necessary for the audience to be tech-savvy. Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. to enjoy the play. The audience, just like Zoe, will be able to experience the transition to Web3, as producer Daniel Mertzlufft explained to CoinDesk .
There’s a lot of little things there where if you know, you know, and if you don’t, it’s just a song. Our character, Zoe, is also not a Web3 person at the beginning of the show, so an audience member who is also not a Web3 person learns along with her. The goal is to never feel like you are being forced to learn.
El costoso camino a Broadway
Despite the outstanding production team and the innovative nature of the project, staging a show of this magnitude on Broadway is not economical. That’s why Cassatt ha creado MusicalDAO as a way to engage the crypto-community to help fund the project. Donors will be able to join the organization to access benefits such as ticket pre-sales or being able to name a character in the play.
According to CoinDesk , s A minimum donation of USD$1,000 is required to join the DAO. (Payment can be made at the stablecoins USDC USDT). Once the DAO reaches 1,500 individual contributors, membership will close refers to the closing price; similar to the same term used in stock trading. and the project will be pitched to Broadway investors for the real cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. it needs to debut.
Still in its early stages,Crypto: The Musical has a long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. way to go before they reach Broadway by 2023, as Cassatt hopes; (especially if they want to get to the $1.5 million fundraising goal ).
So far, the project has only a handful of donations, according to CoinDesk which is possibly related to the current bearish market an area or arena, online or offline, in which commercial dealings are conducted. situation. Despite this, Cassatt is optimistic that this is just what people need in the midst of falling prices. “ Do something entertaining, interesting and out of the ordinary, I think this is the kind of lightness that the community needs and wants during this time. “The creator commented to the aforementioned news media. A spokesperson for the project also added:
Web3 is about experimentation, building communities and creating new models to change change — a concept relevant to cryptocurrencies that use the UTXO model — is the number of coins sent back to a user after they use their unspent outputs to initiate a transaction. the way things are traditionally done, and that’s what [Crypto: The Musical] is all about.
- Crypto, Blockchain, Web3 and NFT were present at the Cannes Film Festival 2022
- Hollywood actor Ryan Reynolds says cryptocurrencies are here to stay
- Blockchain Comes to Broadway: Box Office Operator to Use IBM Blockchain to Prevent Scams
Article by Hannah Estefania Perez / DiarioBitcoin
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