A new experimental orchestral project in Brazil plans to translate Bitcoin’s price movements into live music — and it has just won official approval to raise funds through the country’s cultural tax-incentive program. Brazil’s Federal Register authorizes the initiative to seek up to 1.09 million reais (about $197,000) from companies and individual donors to stage an instrumental concert in Brasília that uses financial market data as the raw material for composition. The project, which frames itself at the intersection of art, mathematics, economics and physics, says an algorithm will track Bitcoin price action and related technical indicators in real time and convert those numeric inputs into musical notation. Melody, rhythm and harmony will be guided by those live data streams so the orchestra can sonically render Bitcoin’s volatility for audience members. The approval confirms the project met the requirements of Brazil’s Rouanet Law and passed technical review, formally enabling sponsors to deduct their contributions from taxes. Fundraising must be completed by Dec. 31, and the initiative is classified under the “Instrumental Music” category, which determines how the tax incentives apply. The government notice does not say whether any blockchain or on‑chain infrastructure will be involved in the performance. This Brazil effort follows a string of algorithmic and data-driven art pieces that have used crypto and real-world data as creative inputs. In 2020, artist Matt Kane released Right Place & Right Time on Async Art, a programmable NFT whose visual layers changed according to Bitcoin price movements. Media artist Refik Anadol has also built immersive works from large datasets and algorithms and in 2023 released Winds of Yawanawá, an NFT series that blended real‑time environmental data with traditional Indigenous art techniques. By turning market dynamics into an audible experience, the Brasília concert aims to make abstract financial concepts — volatility, trends and sudden swings — tangible for listeners, while expanding the frontier where crypto data and contemporary art meet. Read more AI-generated news on: undefined/news

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