The Deplar Effect is the second NFT from The New Mastersounds
originally released on September 9th. This release followed the
Watchu Want NFT, released back on June 13th. The Deplar Effect NFT is not only the companion to the
new album, the NFT itself functions as the album, houses and plays the music, and gives
fans access to an unprecedented experience never before seen from the band, plus two
exclusive bonus tracks unavailable anywhere else.
If you’re purchasing on secondary markets, there are two NFTs to choose from, Silver and
Gold. Please note, that some or all of the utility associated with this NFT may have
already been redeemed as each of the following can only be redeemed once. For more
information on how this works, please click here.
A copy of The Deplar Effect double album vinyl in limited edition colored 180g Ice
Blue with gatefold.
Access to stream and download The Deplar Effect.
Two exclusive bonus tracks not available anywhere else.
Access to exclusive VOD content from the band.
For the lucky 25 fans that purchase the Gold edition, a private virtual meet and greet
and signed vinyl will be available.
Need a bit more information on how to get set up, so you can purchase via secondary
markets? Click here.
Heard some things about NFTs that don’t feel right or just a bit confused why we’re doing
it this way? That’s totally understandable, we weren’t sure either, but we’ve put a ton of
research and thought into this and feel like it’s the right thing for us and you. The main
reason is that we value you as fans, but we’ll get to that in a moment.
Right out the gate, we know you may have heard that NFTs aren’t great for the environment.
Ethereum, as of this month, has optimized its network to be 99.9% more efficient, effectively eliminating its impact on the environment.
Back to the bigger reason though. We value you as fans, no literally we think you bring
immense value and without you, we couldn’t do what we do. It’s about time you started
sharing in that value. Utilizing NFTs you can take ownership in the value you bring.
Purchase an NFT and decide you don’t want it any longer? You can sell it for any amount of
money you chose on secondary markets and when you do we’ll receive a small portion of that
sale that we’ll put right back into creating amazing experiences for you. The thing is
though, you’ll really want to hold onto this NFT.
While you’ll be able to receive everything we listed above including the vinyl, access to
music, listening parties and more, we plan to do a lot more of this kind of thing in the
future and anyone still holding this NFT will get things we haven’t even announced yet and
partnering with our friends at Lively makes it easy for you never to miss anything by
checking out your account.
Still not feeling it or just want a deeper dive on what the heck an NFT is anyway? Check
out the following section for a deeper dive.
NFT stands for Non Fungible Token, but what does fungible even mean, and for that matter
why is that important? So glad you asked.
Fungible means the ability to replace or be replaced by an identical item. For example,
money is fungible. If you have one dollar and someone else has a dollar, you can trade
dollars and still each have the exact same value. It doesn’t matter if one dollar has a
stain on it or the other dollar is slightly older, they both have the exact same buying
power which is of course, one dollar.
What about things that are not fungible? This is most things, but for example, houses
aren’t fungible. This means that it isn’t possible for them to be replaced by an identical
item because no two houses are the same. Even if two houses had the exact same structure,
on the exact same size lot, and were built at the exact same time, the two owners of those
two houses could not trade houses and have the exact same value. Each might have
sentimental value to the house they owned, or one owner didn’t keep up with the wear and
tear of their house. Perhaps one house’s neighbor is worse than the other, or one house’s
neighborhood is more desirable? So why is all of this important?
The Watchu Want NFT was the first NFT from The New Mastersounds
Color Red. The Watchu Want NFT gave fans access to the exclusive early release of Watchu Want, the
first single off the upcoming album, The Deplar Effect.
Fans claimed a free NFT of the single and received exclusive access to the band’s
performance in Menorca streaming on Lively at 8p ET on 6/23. They were also able to participate in a live Q&A with band members during