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The Basics of Non-Fungible Tokens and Beyond.
Non fungible token music. What makes NFTs so interesting or nifty as its backers like to. British independent artist Big Zuu is selling 75 of his rights to a new track via a Bluebox NFT on Thursday March 18. The technology is called an NFT short for a non-fungible token a cryptocurrency thats basically a certificate of authenticity.
According to reports he started with pen and paper but now mostly uses computer software like. It has gone from being an unknown catchphrase to being a buzzword. Follow me on Spotify.
Non-fungible tokens also offer other benefits to musicians. You cant touch it bu. Beeple has been creating a drawing every single day for the last 13 years.
An NFT is a digital asset or a unit of data stored in a digital ledger called a blockchain. As such they can be a representation of any piece of digital art music album video property rights just to mention but a few. NFT Non-fungible tokens NFT Art.
Blockchain and the technology enabling the network have given the opportunity for musicians to tokenize and publish their work as non-fungible tokens. Music artists and executives alike are in a race to understand and take advantage of this new concept. Anyone can their monetise skill and.
Learn about 2021s defining. Non-fungible tokens NFTs are all the rage in the music industry right now. Home NFT Non-fungible tokens NFTs 101.
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