'How NFT Projects are Revolutionizing the Music Industry' nft music
Non-fungible tokens, or NFTs, are one-of-a-kind tokens that represent ownership in an increasingly digital world. Artists are releasing songs and albums as usual but with the added launch of NFT. MoonwalkerFM is an Ethereum-based, NFT record label aiming to connect musicians and their fans in ways never seen before. Arpeggi Labs provides artists a digital audio workstation to directly build and mint their work on-chain.
In music, artists are releasing songs and albums as usual but with the added launch of NFTs. These NFTs might be of an album cover, a rare image of the band, or some sort of poster. But they’ll also come with utility, as an artist can directly interact with those who acquire their NFTs. MoonwalkerFM financially incentivizes fans to hold NFTs via passive income. Every time the label drops a song, two NFTs are minted and tied to it — one of common quality and another of a rarer quality.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — reportChainalysis notes that high web traffic to NFT-related services in Oceania and parts of Asia is not surprising as the region is 'a hub for innovation in blockchain-based entertainment.'
Read more »
World of Women NFTs playing a different gameTurns out the 'pink it and shrink it' marketing strategy that mainstream shops often reach for in an attempt to draw women is fungible. What's not: social causes, or so one NFT project is banking on.
Read more »
Blanket Statements Do Not Help Define NFTs | HackerNoonMost people (bloggers and journalists included) don’t have the time or the dedication to dive deep into it or really think deeply about blockchain.
Read more »
NFTs Are Helping the Web Evolve | HackerNoonWhile there is no doubt more information flowing than ever before, the early hopes of the internet have yet to materialize.
Read more »
Play to Earn - Crypto & NFTs - WAM.app'Revolutionising P2E with GameFi + HyperCasual Games On cryptogaming gamefi
Read more »