3LAU Wipes Out Artist’s Scholar Mortgage Debt With Cryptocurrency – EDM.com
Distressed by accumulating scholar mortgage debt, music producer and visible artistic director Bdice reached out to 3LAU for suggestions on an concept. What occurred subsequent modified the trajectory of his life perpetually.
A multi-faceted artistic, Bdice understood effectively the necessity to retain possession of his work. He had been effectively versed within the potentialities of Web3 and was actively exploring alternatives to monetize his work.
Sadly, Bdice tells EDM.com, he had discovered himself in dire straits from a monetary standpoint. He'd gone via Audio Engineering & Music Manufacturing college, however the aftermath left him six figures in debt. Regardless of month-to-month funds, the curiosity continued to eat away his progress. He had spent $100,000 over 10 years in curiosity funds alone.
Nonetheless, Bdice was persistent, a top quality finest exemplified by his undertaking "Day by day 16's." Throughout his time at school from 2011 to 2012, he recorded a track and video day by day for twelve months straight, and posted them to his YouTube channel. By the top of the experiment, he'd amassed 10,000 subscribers. Reflecting on the undertaking, Bdice got down to create a Web3-based assortment out of his Day by day 16's, however he was on the lookout for a second opinion.
Fortunately, he had a chance to attach with 3LAU, one one of the vital notable power-players in blockchain tech. In an open Twitter house, OnChainTV, Bdice shared his story and concept with the "Higher With You" producer.
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What occurred subsequent, Bdice might have by no means anticipated.
"We’ll repair it proper now, what was the quantity you wanted," 3LAU requested.
The quantity he wanted was 20.5 Ethereum ($ETH), over $62,000 USD on the time of writing. However Bdice was shocked and will hardly consider when the precise quantity he'd requested wound up in his pockets. He took to Twitter to announce what had occurred, and even then he was left speechless on the generosity.
The gesture has given Bdice new discovered flexibility to deal with his private artistic endeavors. He says one takeaway from the expertise is to highlight the generosity of the Web3 group.
"To me, 3LAU’s gesture was a direct reflection of one of many core objectives in Web3, to stage the enjoying subject for creatives," he tells EDM.com.
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