Music NFT s represent an exciting shift in the music industry, and it’s clear to see why. “Crypto Music” is the type of innovation that draws the attention of those who remember what it was like in the early days of Bitcoin. Have an amazing piece of music that no one has heard? Sick of dealing with middlemen & record companies? NFT it!
NFTs allow you to mark your digital creations as true originals. Think of being able to offer a limited edition of your next album, whether it be 100 or 1, with everyone who possesses a copy of it being immutably locked on the blockchain. That’s the sort of power that NFTs enable all creators to possess.
The Nexus Music NFT Platform exists to promote this, offering a marketplace for those interested in creating or selling NFT Music. We’re a place to securely list and sell your original art & music. Our goal is to empower creators to share their works as widely (or selectively) as they desire.
Like audio streaming before it, NFTs, or non-fungible tokens, are the future of lucrative business in music. They’re about to change the face of the music industry, democratizing the process for the independent musician and artist & taking the middleman (record company, gallery or publisher) out of the equation. Power to the people.
At this point, you’re probably holding up a STOP sign or making “time out” hand signals. What even are NFTs, you may be wondering. How can you capitalize on something that you didn’t even know existed or that you thought was just a thing for crypto nerds? In this blog post, we’ll explain everything you need to know about NFTs and what you need to do to get your name out there in this quickly evolving market.
What Are NFTs?
NFT stands for “non-fungible token”. That may not mean anything to you, so let us explain further. Think of it as a digital piece of art. It’s stored in a digital ledger, called a blockchain, where it is verified and considered one-of-a-kind, and not able to be exchanged for another, similar digital art piece. It’s like an original oil painting. Everyone knows which version of it is the original and where it’s stored, and everyone can tell right away when they’re looking at a copy and not the real thing.
That’s how NFTs work; only instead of paintings, the data stored on the non-fungible token is digital art. And music tech experts like Jesse Cannon are predicting that soon, NFTs will be just as valuable as those old paintings that are hanging in the Louvre and other famous museums. And because they’ll be so valuable and in demand, they’ll be worth a lot of money.
How Can Musicians Capitalize On Music NFT s?
The way that musicians are going to start being able to capitalize on NFTs is by releasing albums and artwork tied to their music.
How To Get Started Minting Your Own Music NFTs
You can start minting your own NFTs right away by signing up as a creator on our website at https://nexus.art. We offer tools and resources to help you get started and manage your profits. If you’re a musician, don’t miss out on this exciting opportunity to get your name out there and make some real money. The first ones in to any new technology always make the most profit.