Unlike most NFT marketplaces, you need to receive an invite from SuperRare for you to be able to publish your work on the platform. You’ll find plenty of music-based NFTs such as The Winner Is… a musical work by artist which was released as an interactive NFT that combines music and animation. SuperRare is another popular NFT marketplace that’s also a great place to find and sell music NFTs, aside from one-of-a-kind, single-edition digital art. Additionally, it supports ERC-721 tokens for auctions. OpenSea supports NFTs on the following blockchains: Ethereum, Polygon, Klatyn, and Solana. You can program your NFTs in such a way that you can earn royalties each time it’s sold. The platform lets you create your own music NFT with its minting tool. Here, you can find collaborations featuring artists like Calvin Harris and The White Stripes and an array of genres including generative lo-fi music and 8-bit musical loops. Aside from bringing independent musicians to the forefront, OpenSea’s music NFT collection also includes big names like The Weeknd, Snoop Dogg, and Imogen Heap. With music NFTs, you can award perks or benefits to the holders of your NFTs.ĭon’t know where to start looking for music NFTs or where’s the best place to showcase your creative work? This list includes general NFT marketplaces as well as specialized music NFT marketplaces.Īn immensely popular NFT marketplace, OpenSea lets creators and collectors build, sell, and find digital goods such as art, collectibles, domain names, and music. Moreover, music NFTs give artists a new channel for audience engagement. Music NFTs also help artists add value to their work by giving fans the opportunity to access unlockable content, which can be anything like album artwork, bonus tracks, or behind-the-scenes videos. Artists also have greater control over their profits because NFTs, in essence, eliminate middlemen like music labels and lawyers. Some have even blended animation with their music to create interactive pieces. As a musician, you can combine different digital elements to create a truly unique music NFT. Īside from giving them control and ownership of their works, music NFTs give artists more room for creativity. To make a thousand dollars on Spotify, an artist will need to have over 200,000 streams. Music NFTs are a welcome alternative to streaming services, which often generate a small profit for artists, particularly emerging artists. If you decide to sell it, the original artist can still get a cut of the sales. As a music NFT owner, you can store your collection in your preferred crypto wallet and, later on, you can decide whether or not you want to sell it. What they’re basically buying, aside from bragging rights and early support, is the original audio file of the piece, as well as the opportunity to support their favorite artists’ growth. Often, collectors who purchase music NFTs don’t purchase the actual rights to the creative work. Like any other musical work, they can then promote their music NFT drop through their preferred social media platforms. The artist will then select the platform on which they’re going to mint and sell their NFTs with other details like its selling price. Similar to how other NFTs work, music NFTs allow musicians to determine what they’re going to sell.

These pieces leverage blockchain technology to provide proof of ownership over a creative work and make it difficult for others to forge them. These music NFTs can take on the form of albums, singles, digital artwork for albums, concert or gig tickets, video clips of musical performances, mixes, and audio samples.

More specifically, music NFTs are certificates of ownership. Music NFTs are like your usual NFTs or non-fungible tokens, except that they’re musical pieces with encrypted properties.

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