Joanus Lam Sets Record Sales of Single Music NFT

Famous Hong Kong musician Joanus Lam has priced his NFT “single music” for US$1.2 million.

Hong Kong, TechnoBusiness Star (English Edition) • Hong Kong famous musician Joanus Lam on Wednesday (30/6) auctioned 520 ETH of his music on the NFT digital asset trading exchange, Openlake, for US$1.2 million.

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It is the highest auction price for single music in the form of NFT in the world. Joanus Lam owns the NFT music collection “Traces of Love” consisting of five music demos that were created between 1995-2005 and never published.

However, what Joanus Lam sells is only one of them. The collection goes through the peak period of China’s music industry and has a very high collection value.

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Apart from being a well-known musician, Joanus Lam is the music director and artist at Gold Typhoon Group, the most successful music company in Mainland China, Hong Kong, and Taiwan which was acquired by Warner Music Group in 2014.

Joanus Lam started writing songs at the age of 14. To date, he has composed and produced more than 350 songs. Now, he is releasing one of his works as a tribute to the NFT Era.

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Unmitigated, Joanus Lam even priced his work with the highest NFT single music sales record in the world. Wow, cool!•

—Abra Matthew, TechnoBusines Star • Photo: Baike.com

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