S.P. Balasubrahmanyam‘s last unreleased song will be auctioned on April 9 as a Non Fungible Token (NFT). Diginoor, a Chennai-based NFT marketplace has acquired the exclusive rights to sell and release the song by the singer’s son, S.P. Charan.
S.P. Balasubrahmanyam is a six-time National Award winner and Padma Vibhushan awardee. He has recorded over 40,000 songs in 16 languages during his career. The singer passed away from complications due to COVID-19 last year in September 2020.
The unreleased Tamil song, titled ‘Vishwaroopa Darisanam’ is a devotional track recorded in collaboration with music label, Symphony Records. Diginoor is reportedly witnessing pre-bid offers for the NFT drop for $150,000.
S. P. Charan, filmmaker, playback singer, and the late singer’s son said in a statement, “It gives us great joy to announce the NFT drop of my father’s last unreleased song. We are thankful to Diginoor for creating this NFT, and carrying on the legacy of Shri S.P. Balasubrahmanyam. I hope that his fans will enjoy this limited edition NFT.”
Sri Hari, CEO, Symphony Records, said, “The inimitable singing style of legendary S.P. Balasubrahmanyam sir makes even the most classical compositions so touching and emotional. Symphony is glad to partner with Diginoor to launch SPB’s last song as an NFT, giving a chance to his fans and music lovers to have co-ownership of sir’s magnum opus and its copyrights.”
Diginoor co-founder and CEO, Shaamil Karim said, “As a Tamilian, it brings me great pride to release S.P. Balasubrahmanyam sir’s magnum opus on Diginoor exclusively for his legacy to live on the blockchain forever. This is also the first time in the industry that the NFT will facilitate the transfer of 51 percent of the copyright to this musical masterpiece to the winning bid.”
Diginoor has been co-founded by Chennai-based Karim and Yash Rathod in 2021, to offer fans cinema and music collectables. They were recently in the news because of their NFTS of Rajinikanth – ‘Sivaji: the Boss’, ‘Chandramukhi’ and ‘Kabali’.
The platform claims to be the first in the country to offer debit and credit cards to purchase NFTs. Earlier this year, the Diginoor on Wednesday said it has raised $1 million in its seed funding round that saw the participation from Cred founder Kunal Shah. The round also saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others.
In an interview to Economic Times, founder Rathod had previously said that the founders were aiming to spark a “web 3.0 revolution, homegrown out of India, through cinema and gaming”.
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