It's no secret that music has always been a form of art. From the days of vinyl records to cassette tapes, music has been collected, cherished, and passed down through generations. But with the rise of digital music and streaming services, the concept of collecting music as a physical object has become a thing of the past.
Enter NFTs, which is short for non-fungible tokens. NFTs are a new way to collect, own, and trade digital art, and they're quickly changing the way we think about collecting music.
What are NFTs?
NFTs are digital assets that are unique and cannot be replaced by another identical item. They're created using blockchain technology, which is the same technology that powers cryptocurrencies like Bitcoin. Each NFT is a one-of-a-kind digital asset that is verified on the blockchain, making it a true original.
How Do NFTs Apply to Music?
NFTs are being used to create unique, collectible versions of digital music. Artists can now create limited edition versions of their music, which can be bought and sold like traditional art. NFTs also allow artists to include additional digital assets, such as exclusive artwork, merchandise, and even concert tickets, making them even more valuable to collectors. Another use case is using them to give the owner limited reproduction or royalty free rights. This can include a license to use the art in their own creations like using it as background music for a video, advertisement, etc.
The Benefits of Collecting Music as NFTs
Collecting music as NFTs has many benefits for both artists and collectors. For artists, NFTs provide a new revenue stream that doesn't rely on streaming services or physical sales. It also allows artists to connect directly with their fans and collectors.
For collectors, NFTs provide a way to own a piece of music history and support their favorite artists. NFTs also have the potential to appreciate in value, making them a valuable addition to any collection. The more rare the NFT, the more valuable it can become!
The Future of Music Collecting
The use of NFTs in music is still in its early stages, but it's clear that it has the potential to revolutionize the way we think about collecting music. As more artists and musicians adopt NFTs, we can expect to see a wider range of collectible music available.
In conclusion, NFTs are a game-changer for the music industry and provide a new way for music lovers to collect and own their favorite tunes. It's exciting to see the possibilities that this technology can bring to the world of music. It's a new way to appreciate and support our favorite artists, and it brings the idea of collecting music back to the forefront of our minds.
If you know a struggling artist, invite them to check out how they can mint music as NFTs and start earning with their art in a whole new way!
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Posted using BlockTunes
I keep on discovering new and interesting projects here on Hive. Music is definitely one of the things that keeps the world turning; music NFTs might be the game changer that will revolutionize this generation of musicians. Hey @deythedevil, is this something you and your band will be interested in? !LUV this project.
Posted using BlockTunes
Thank you sir @juanvegetarian for tagging me. I will definitely try to learn how this works. I was so busy these days that's why I'm out of hive right now. But still checking some posts some time to time. Thank you so much sir for bringing this one to me.
I also subscribed to this community to look out for some thing that should do. Thank you @blocktunes for this community for music lovers and artists.
Welcome bro. If you open the blocktunes site, you can check out some of the music and NFTs that is already available. Also, you might be able to sign into the PRO Artist and release your own music here. What's really cool is you also get to earn $music tokens in the blog interface. Good luck and hope to see some of your music here. !PIZZA
Posted using BlockTunes
Ok sir I will try as soon as I'm able. Right now still busy. But i have unfinished and unpublished songs. Maybe i will try to complete them soon. Hopefully i can manage to understand the system of blocktunes.
Thank you so much again bro.
Stay safe always.
Okay lang. Take your time. This is just something that might be one of your options in publishing your songs. Di naman required na dito. Thanks din.
Thanks for the kind feedback! We are working hard to provide as many web3 opportunities for musicians we can!
Welcome. It's good to know that music is going in this direction. Keep up the good work!
I delegated 100HP yesterday.
Awesome! Thanks for your support! We will update the follow list this week!
Ok. Thank you.
I hope someone sell me $MUSIC on hive-engine.
I'm the one who's buying @ 0.0071
I really need it to start my journey.
Is 300+ $MUSIC would be enough to start minting music nft?
You need to have 100 MUSIC staked then it's a 10 MUSIC fee to whitelist. After that it's 4 MUSIC base fee plus 1 MUSIC for every edition. So if you are doing 100 editions of the song, then you would need 104 MUSIC tokens to mint them after getting whitelisted. So 300 would get you started for sure!
I updated my HP delegation. I added another 100 HP so that even when no one sell me their $MUSIC in 10 days, I can register to the platform. Then after 20 days, I can mint some of my music.
Check your MUSIC wallet ;)
Thank you so much for the support
Thank you!
This answers all my questions.
I will be waiting for someone to sell their $MUSIC to me.
The rewards earned on this comment will go directly to the people( @blocktunes ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
I gifted $PIZZA slices here:
@juanvegetarian(1/5) tipped @deythedevil (x1)
Send $PIZZA tips in Discord via tip.cc!