Cointime

Download App
iOS & Android

How Did the First-ever Concert in the Metaverse Went?

Validated Individual Expert

On February 2019, the first-ever concert in the Metaverse was held by Marshmello, the popular DJ and music producer, in collaboration with Fortnite, the popular role-playing video game. The virtual concert was a groundbreaking moment for the music and gaming industries, as it showcased the potential of the Metaverse as a new platform for live events.

The Metaverse is a term used to describe a virtual space where users can interact with each other in real-time through their avatars. It is often compared to the virtual reality worlds depicted in science fiction, and it is becoming an increasingly popular concept in the gaming and tech industries.

The concert was held inside Fortnite’s game world, inside Fortnite’s Pleasant Park, where players enter and watch Marshmello perform in real-time. The concert was free to attend, and players from around the world were able to participate, making it a truly global event.

Leading up to the concert, Fortnite created a sense of excitement by hyping up the event through in-game announcements and across multiple social media networks. They also created a dedicated landing page on their website where players could learn more about the concert and get ready to participate.

On the day of the concert, players were encouraged to log into Fortnite and join the concert by entering the virtual stadium. As the concert began, Marshmello’s avatar appeared on stage, and players were able to see the show from a first-person perspective through their avatars.

The concert was a high-energy performance that included some of Marshmello’s biggest hits, including ‘Alone’, ‘Everyday’, ‘Happier’, and ‘Chasing Colors’. The virtual stadium was transformed into a vibrant and colorful concert venue, complete with fireworks and special effects.

The concert was also interactive, as players were able to use their avatars to dance and emote during the performance. There were even moments where the stadium was transformed into a rollercoaster or a giant neon dance floor, adding to the immersive experience.

It was a resounding success, with over 10 million players participating in the virtual event. The concert was a groundbreaking moment for the music and gaming industries, as it showcased the potential of the Metaverse as a new platform for live events.

The event also opened up new possibilities for revenue streams in the music industry. While the concert was free to attend, players were able to purchase virtual merchandise such as Marshmello-themed skins and emotes, generating significant revenue for both Fortnite and Marshmello.

Final Thoughts

The first-ever concert in the Metaverse by Marshmello was a groundbreaking moment for the music and gaming industries. It showcased the potential of the Metaverse as a new platform for live events and opened up new revenue streams for the music industry. With the increasing popularity of virtual reality and the Metaverse, it is likely that we will see more virtual concerts and events in the future, redefining the way we experience live entertainment.

Comments

All Comments

Recommended for you

  • U.S. Congressman Mike Flood: Looking forward to working with the next SEC Chairman to revoke the anti-crypto banking policy SAB 121

     US House of Representatives will investigate Representative Mike Flood's recent statement: "Despite widespread opposition, SAB 121 is still operating as a regulation, even though it has never gone through the normal Administrative Procedure Act process." Flood said, "I look forward to working with the next SEC chairman to revoke SAB 121. Whether Chairman Gary Gensler resigns on his own or President Trump fulfills his promise to dismiss Gensler, the new government has an excellent opportunity to usher in a new era after Gensler's departure." He added, "It's not surprising that Gensler opposed the digital asset regulatory framework passed by the House on a bipartisan basis earlier this year. 71 Democrats and House Republicans passed this common-sense framework together. Although the Democratic-led Senate rejected it, it represented a breakthrough moment for cryptocurrency and may provide information for the work of the unified Republican government when the next Congress begins in January next year."

  • Indian billionaire Adani summoned by US SEC to explain position on bribery case

    Indian billionaire Gautam Adani and his nephew, Sahil Adani, have been subpoenaed by the US Securities and Exchange Commission (SEC) to explain allegations of paying over $250 million in bribes to win solar power contracts. According to the Press Trust of India (PTI), the subpoena has been delivered to the Adani family's residence in Ahmedabad, a city in western India, and they have been given 21 days to respond. The notice, issued on November 21 by the Eastern District Court of New York, states that if the Adani family fails to respond on time, a default judgment will be made against them.

  • U.S. Congressman: SEC Commissioner Hester Peirce may become the new acting chairman of the SEC

    US Congressman French Hill revealed at the North American Blockchain Summit (NABS) that Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chair of the US Securities and Exchange Commission (SEC). He noted that current chair Gary Gensler will step down on January 20, 2025, and the Republican Party will take over the SEC, with Peirce expected to succeed him.

  • Tether spokesperson: The relationship with Cantor is purely business, and the claim that Lutnick influenced regulatory actions is pure nonsense

     a spokesperson for Tether stated: "The relationship between Tether and Cantor Fitzgerald is purely a business relationship based on managing reserves. Claims that Howard Lutnick's joining the transition team in some way implies an influence on regulatory actions are baseless."

  • Bitwise CEO warns that ETHW is not suitable for all investors and has high risks and high volatility

    Hunter Horsley, CEO of Bitwise, posted on X platform that he was happy to see capital inflows into Bitwise's Ethereum exchange-traded fund ETHW, iShares, and Fidelity this Friday. He reminded that ETHW is not a registered investment company under the U.S. Investment Company Act of 1940 and therefore is not protected by the law. ETHW is not suitable for all investors due to its high risk and volatility.

  • Musk said he liked the "WOULD" meme, and the related tokens rose 400 times in a short period of time

    Musk posted a picture on his social media platform saying he likes the "WOULD" meme. As a result, the meme coin with the same name briefly surged. According to GMGN data, the meme coin with the same name created 123 days ago surged over 400 times in a short period of time, with a current market value of 4.5 million US dollars. Reminder to users: Meme coins have no practical use cases, prices are highly volatile, and investment should be cautious.

  • Victory Securities: Funding Rates halved and fell, Bitcoin's short-term direction is not one-sided

    Zhou Lele, the Vice Chief Operating Officer of Victory Securities, analyzed that the macro and high-level negative impact risks in the cryptocurrency market have passed. The risks are now more focused on expected realization, such as the American entrepreneur Musk and the American "Efficiency Department" (DOGE) led by Ramaswamy. After media reports, the increase in Dogecoin ($DOGE) was only 5.7%, while Dogecoin rose by 83% in the week when the US election results were announced. Last week, the net inflow of off-exchange Bitcoin ETF was US$1.67 billion, and the holdings of exchange contracts and CME contracts remained high, but the funding rates halved and fell back, indicating that the direction of Bitcoin in the short term is not one-sided, and bears are also accumulating strength.

  • Careers in Crypto: 5 Insights for 2024

    In an overwhelming job market, leaning into personal networks and connections are more important than ever. Emily Landon, CEO of The Crypto Recruiters, outlines what is happening in the crypto job market and how you can position yourself or your company in 2024.

  • Cointime August 10th News Express

    1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs

  • Adidas and Doodles collaborate to launch a limited edition NFT collection pack

    Sportswear giant Adidas is collaborating with Ethereum NFT series Doodles to sell virtual gift packages that support buyers in purchasing exclusive physical clothing. Adidas and Doodles stated in a joint statement that these limited edition collectible packages will be available for purchase before August 16th, with two items in each package. The Adidas Originals x Doodles online store shows that the retail price for a single package is $4.99, while the price for 2 to 100 packages ranges from $8.49 to $374.99.Some joint sets include physical collectibles featuring Deysi, the digital mascot in Pharrell Williams and Coi Leray's new song "Not in the Store". These collectibles include Deysi sportswear and Superstar shoes, with each limited to 200 pieces.