An experimental orchestral project in Brazil plans to turn Bitcoin price data into live music, securing approval to raise up to 1.09 million reais ($197,000) through a cultural tax-incentive program. The project will use an algorithm to track BTC price movements in real-time during the concert, blending financial data with art, mathematics, economics, and physics.

The orchestral performance aims to provide an audible representation of Bitcoin’s volatility by translating market behavior into sound, integrating traditional instruments with data-driven composition. The project met Brazil’s Rouanet Law requirements and successfully passed technical review, allowing sponsors to deduct contributions from taxes. Fundraising must be completed by December 31 under the “Instrumental Music” category.

Building on algorithmic art experiments, a San Francisco-based group previously created a programmable artwork that transformed based on Bitcoin price fluctuations. Artist Matt Kane’s project, “Right Place & Right Time,” utilized BTC market data to drive visual changes in the piece through Async Art’s platform. Refik Anadol, another artist, uses AI and large datasets to produce evolving visual installations translating various data sources into art. Anadol released “Winds of Yawanawá,” an NFT collection merging environmental data and traditional art.

Read more at Cointelegraph: Brazil Backs Bitcoin Music Project with Tax-Deductible Funding