Un arma secreta para NFT Art and music
Un arma secreta para NFT Art and music
Blog Article
Singer Tobi Okandi from the band O Children says that while big artists are currently dominating the "low-hanging fruit" in the NFT market, he still sees a future.
It’s about helping musicians boost their exposure and momentum in exchange for rare and sentimental collectibles, access to an exclusive online community and a chance to forge deeper connections with artists.
The stepsister of the legendary soul singer has sold an unreleased demo that Whitney had recorded when she was 17. The song is accompanied by a video by digital artist Diane Sunclair. The NFT was sold for a staggering $1 million.
Other companies attempt to satisfy the requirements of the Howie test through airdrops — sending free tokens to communities to encourage adoption (negating the first prong of the Howie test) — or by arguing that a song’s value, much like a bar of gold, is intrinsic and not tied to managerial efforts (negating the fourth prong of the Howie test).
In addition to the standard NFT versions of their album, Kings of Leon also released a very limited number of “golden ticket” NFTs with exciting perks for fans such as front-row tickets to any concert on any of the band’s tours, for life.
Some say that music NFTs are the future of the music industry, while others say that they’re just a fad that will come and go. Let’s talk about what music NFTs are, how to buy and sell them, and what two Berklee community members say about their viability.
The Sound.xyz platform enables fans to post comments about the music they want to support. The platform also offers artist-owned contracts, allowing musicians to retain ownership and chain of custody of their work.
Music is a highly centralized industry, and three major record labels — Sony, Universal, and Warner — control the lion’s share of the industry with an estimated 66–80% of market share, a figure that varies slightly from year to year.
“For years, music has been devalued to the point where most people think it’s free,” Katz said. “And what NFTs do is put value back into the music where people actually have to buy it again.”
Unfortunately for many creators, even many indie record labels are owned by a parent company tied to one of these three giants in some way or another.
With Opulous, artists Gozque embed a Vivo-world share of their future music royalties in Opulous Music NFTs, so fans can actually earn money from the music they love just by owning them.
Communities carry pasado activities that tend to have a greater impact and immediately affect a musician’s growth. Supported by strong communities, musicians have a solid foundation on which to build NFT Art and music a career.
“But now, in terms of transactions, you have data tracking that you do not need to rely on a streaming platform for. You don’t need Apple Music to track who’s downloading your music, who’s consuming it, and who’s paying what for it.”
Through Berklee Online’s award-winning online courses, certificates, bachelor’s, and master’s degree programs, students receive expert music instruction and emerge with the skills to exceed the demands of the music industry.