What Is A Music NFT? To clear some
Posted: Sun Jan 19, 2025 7:07 am
What Is A Music NFT?
To clear some of the confusion right away, image NFTs and music NFTs are not the same things. A Music NFT is an exclusive piece of music that can be listened to. There is some confusion when musicians mint image NFT, but the subject of an image NFT doesn’t change the fact that it’s a still image.
The main difference here is that a music NFT can be played like a buy united states of america cell phone number list song. A music NFT is an actual song that you can play and listen to. Under the hood, the music NFT is actually just an mp3.
So what makes it an NFT?
Using a music NFT platform, you can “mint” an exclusive copy the mp3. The platform is still required to host the mp3, and you must listen to the mp3 on the platform as well. The “non fungible” part is the hash on the blockchain. It’s basically a digital receipt saying that you purchased this song.
Similar to image NFTs, someone could still potentially record or download the song without owning the NFT key. Ownership of the hash also does not convey any type of copyright ownership, including the ability to distribute, modify, or make money from the music.
Benefits of Music NFTs
Once you understand what a music NFT is, the endless well of ideas begins to open up. The core technology of what an NFT is still exists of course, but rather than a static image, this NFT is a digital audio file.
To back up for just a second and provide an analogy, creating music NFTs is a bit like having a vinyl record cutter. Musicians can mint NFTs in a similar fashion to how records are pressed. Vinyl records often have limited pressed, special artwork, and other facets that separate them from some new song uploaded to Spotify. Stay with this analogy for a moment, we’ll come back to it.
To clear some of the confusion right away, image NFTs and music NFTs are not the same things. A Music NFT is an exclusive piece of music that can be listened to. There is some confusion when musicians mint image NFT, but the subject of an image NFT doesn’t change the fact that it’s a still image.
The main difference here is that a music NFT can be played like a buy united states of america cell phone number list song. A music NFT is an actual song that you can play and listen to. Under the hood, the music NFT is actually just an mp3.
So what makes it an NFT?
Using a music NFT platform, you can “mint” an exclusive copy the mp3. The platform is still required to host the mp3, and you must listen to the mp3 on the platform as well. The “non fungible” part is the hash on the blockchain. It’s basically a digital receipt saying that you purchased this song.
Similar to image NFTs, someone could still potentially record or download the song without owning the NFT key. Ownership of the hash also does not convey any type of copyright ownership, including the ability to distribute, modify, or make money from the music.
Benefits of Music NFTs
Once you understand what a music NFT is, the endless well of ideas begins to open up. The core technology of what an NFT is still exists of course, but rather than a static image, this NFT is a digital audio file.
To back up for just a second and provide an analogy, creating music NFTs is a bit like having a vinyl record cutter. Musicians can mint NFTs in a similar fashion to how records are pressed. Vinyl records often have limited pressed, special artwork, and other facets that separate them from some new song uploaded to Spotify. Stay with this analogy for a moment, we’ll come back to it.