Hong Kong gold medal musician Lin Jianhua (Joanus Lam) single DEMO music NFT was sold on Openlake (https://openlake.io) NFT platform for 520 Ethereum (about 1.2 million US dollars), setting the world's highest transaction record for single music NFT.
It is reported that the music DEMO NFT series is called "Traces of Love", which consists of five singles DEMO, namely "Too Late", "Share Happiness", "Broke Up", "I used to love you live this" and "Traces of Love". It was created by Mr. Lin Jianhua between 1995 and 2005 and has never been made public before. One of the songs auctioned this time is one of them. This series can be said to have run through the glorious period of Chinese music scene and has extremely high collection value. 520 is also a very special number, with the meaning of I love you, which is very consistent with the theme of the series.
Lin Jianhua used to work as a songwriter and producer at Taiwan Rock Records, creating many well-known classic golden songs. Later, he returned to Hong Kong to join Warner-Chappell Music and cooperated with Warner Records to carry out artist projects; then joined the Gold Medal Big Records as a music and artist consultant. Gold Typhoon is one of the major performing arts and entertainment companies in Greater China. In mid-June 2014, the Gold Medal was acquired by Warner Music Group and became a subsidiary.
As a famous musician in the Hong Kong music scene, Lin Jianhua began to create at the age of 14. He entered the music scene with the Blackbox band in 1995 and served as the music and artist director of the Gold Medal Dafeng Records. To date, he has created and produced more than 350 songs, including "All With Me" by Eason Chan, "My Happy Era", "Hidden Times of My Happiness", "Hidden Kyugi" by Guji, "Hidden Kyushu" by Guji, "Hidden Eyes Can't Leave Tears ", "Diamond Dog", "Hyper Sweet", "Twins" by Eater Chan, "Driven Swallow", "Du Dewei's "Love", Karen Mok's "Suddenly", Aaron Kwok's "Fate Comes and Fate", etc.
Lin Jianhua regards music career as his lifelong dream and goal. In 2002, Shidian Music was established in Hong Kong to discover talented musicians and successfully build a music producer. Singers include Zhou Guoxian , Zhang Jicong , etc., as well as songwriters Xiao Ke, Liang Baijian, Zhang Jiacheng , etc., and are the heavyweight helmsman and Bole who promotes Hong Kong's original pop music.
In recent years, Lin Jianhua has mainly been in the mainland, founding J10 Music Company in Guangzhou to discover and promote talented young musicians in the mainland, promote the integration of music and culture in Guangdong-Hong Kong-Macao Greater Bay Area , and recently served as the chief judge of Pepsi's strongest voice in 2021. Baidu's Strongest Voice is one of the music events with the most participating universities and students in mainland China.
Openlake is committed to building a global NFT creative and entertainment community through AI and Internet of Things technology. What makes Openlake NFT unique is that Openlake has pioneered the world's first hierarchical copyright (Trickle Down) management mechanism, which manages music copyright and distribution through NFT smart contracts. Through music NFT copyright transactions, users can obtain including but not limited to listening rights, publishing rights, , attribution rights, copying rights, rental rights, and performance rights, etc. Secondary creations based on original works, including covers, videos, etc., must obtain corresponding authorization through Openlake and automatically record them on the blockchain to generate derivative creation trees around original works. All authorized secondary creations will receive a unique ID and automatically copyright protection.
At the same time, Openlake integrates NFT with HLS streaming encryption protocol and AES-128 to transcode and encrypt music and videos, and provides secure storage and encrypted playback of music and videos. It is the world's first NFT platform to adopt this method, which can provide integrated services for secure storage, encrypted playback, distribution and sales of works for music or video creators.
Openlake also gives users more autonomy. With Openlake, fans can connect directly with musicians.Fans can have more autonomy and even have the opportunity to directly participate in the creation process of music or MVs. Musicians can also create better works by obtaining market feedback.
By combining music with NFT, musicians can provide a better creative environment. At the same time, I am very looking forward to Openlake providing a new creation and distribution platform through technological innovation, discovering a large number of talented original singers and musicians, and pushing Chinese music to a new peak.