“Music Mogul” Produced by New Wax Studios Sells Out in Its First NFT Sale

The initial run of 5,000 ‘Pop Genre Artist Talent Packs’ for Wax Studios’ brand-new play-to-earn (P2E) blockbuster game Music Mogul has been purchased in their entirety. The new player-to-player strategy game gives players the tempting opportunity to create their very own musical empire from the ground up. At ten in the morning on June 28, 2022, the five-tiered NFT packets were quickly grabbed up. PST / 1 p.m. E.S.T.

Each pack could be purchased for close to 75 WAXP, and it offered the buyer the opportunity to grow in their quest to become a Music Mogul of historical significance. Each NFT Pack comes with a random mix of 25 different NFTs, ranging from one (1) star all the way up to five (5) stars in terms of their level (or level of rarity).

The levels of rarity are “Busking Novice,” “Bar Gig Battler,” “Live Show Luminary,” “Music Video Maestro,” and “Stadium Superstar.” The rush to purchase the packs was not unexpected given that the game is being created by some of the brightest brains in the industry, particularly Mike Rubinelli and his team at Wax Studios. Following the launch of Blockchain Brawlers, Wax Studios has returned with a brand-new unique concept that is sure to appeal with the community of blockchain gamers.

In essence, the game challenges you to evaluate your skills as a music mogul and provides you with the opportunity to establish a name for yourself in the world of recorded music. Your mission, should you choose to accept it, as the proprietor of a musical empire will be to develop a large roster of artists while also participating in the discovery, production, and development of artistic talent.

Musicians have the opportunity to become famous by playing the game and using the feature of the game called “Music Mogul Star Maker.” Indeed, those lucky enough to obtain one of the first 5,000 bundles will immediately begin sharpening their abilities as makers as soon as they get their hands on the materials.

On their Medium channel, Wax made the following announcement: “Crafting and boosting star levels will be an integral aspect of your record label empire-building experience, allowing you the ability to enhance your performers and become the king of your own music company. In order to accomplish this, you’ll need the ideal combination of low- and high-powered artists (many more specifics are forthcoming, so stay tuned).”

NFT holders will soon be able to monitor their inventory scores and analyze the level of competition thanks to the Power Score Leaderboard, which will shortly be implemented. Wax Studios guarantees that this game will have ground-breaking components of play-to-earn that will force players to make hourly, daily, and weekly decisions regarding their strategy.

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On Discord, Mike Rubinelli, better known by his online handle “Just Mike,” shared some fascinating facts with his users. He made the following announcement: “The daily gigs will be gated by rarity and genre. The high-level gigs you play will earn you more of a certain currency.”
“You will use that currency to build a track in order to enter the weekly song streaming competition, which is a global charting competition divided out by music genre,” the instructions for the game state.

In the same way as it is necessary in the real music industry, money must be spent on overhead expenses such as renting studio recording time, hiring a sound engineer, renting a mixing board, hiring music sessions, and of course, purchasing further equipment.

Mike also revealed that the higher up on the chart you are, the more money you will make; conversely, the more skillfully you blend all of your ingredients, the more probable it is that you will reach the coveted number one spot.