One thing that’s so special and important

[zihadhosenjm50]

One thing that’s so special and important about NFTs is the ability to buy and sell digital files in limited quantities. There is a ton of things you could potentially do with this, but I think the most interesting is to disintermediate record labels and other mechanics of the traditional music distribution process. This has largely been done to digital files uruguay buy cell phone number list with websites like Soundcloud and Bandcamp, but NFTs allow artists to mint exclusive material as well, without the negatives of physical music distribution.

Rarity, the ability to sell limited edition digital music, collectability, and utility are some broad NFT music ideas to think about.

One thing to note is in many ways a music NFT still acts and behaves a lot like any other mp3 would. The platforms that you mint the NFT to have a player for the song that potential buyers can use to check out the track. Different platforms and artists are handling and viewing this in their own ways. Some provide song snippets, others only release music as NFT. I don’t know if there’s a wrong way to approach music NFTs yet. We’re all still learning.

Rarity
If a musician were to upload a song to Bandcamp and sell it to the world they would most likely upload an mp3 and place a price on it, something like $0.99. If things went (very) well, maybe one million copies of the song could be sold. Maybe it didn’t go quite so great and the artist only sold three copies. Maybe it was even over a million. The point is it’s basically an infinite amount of songs available.

Plus, each song is the same as the next. I mean, it kind of has to be, right? We’re just talking about the standard distribution of a digital song. It’s one file, and everyone has unlimited access to it.