CMC News

Brazil Funds $197K Live Orchestra Converting Bitcoin Into Music

An orchestral project in #Brazil received government approval to raise up to 1.09 million reais ($197,000) for a live performance that converts $BTC price movements into music. The initiative secured authorization through Brazil's Rouanet Law, which provides tax-deductible funding for cultural programs.

The #performance will take place in Brasília, Brazil's federal capital. Private companies and individual donors can contribute to the project, with fundraising required to close by Dec. 31.

An algorithm will track Bitcoin price movements and technical data in real time during the concert. These inputs will guide melody, rhythm, and harmony as the orchestra performs, translating market volatility into audible composition.

The project combines traditional orchestral instruments with data-driven music generation. It draws on concepts from art, mathematics, economics, and physics to create an audible representation of #Bitcoin market behavior.

Brazil's Federal Register published the authorization, confirming the project met technical requirements under the country's cultural incentive laws. Sponsors can deduct their contributions from taxes under the program's rules.

The initiative is classified under the Instrumental #Music category, which determines how tax incentives apply. The publication did not specify whether blockchain or on-chain infrastructure will be used during the performance.

Similar experiments in algorithmic art have used crypto data as creative material. In 2020, artist Matt Kane released Right Place & Right Time through Async Art, a programmable #NFT platform where $BTC market data drove visual changes in the artwork.

Refik Anadol has produced immersive installations using artificial intelligence and large datasets.