In this brave new world of music NFTs,

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zihadhosenjm50
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Joined: Sat Dec 21, 2024 6:30 am

In this brave new world of music NFTs,

Post by zihadhosenjm50 »

In this brave new world of music NFTs, things get quite a bit more interesting. We’ll stay at the surface level here, but NFTs are always unique. Meaning each copy of the song is unique.

It is a little confusing because one NFT song could have ten copies “minted” and made available to purchase.

The contents of these NFT songs are indeed the same, i.e. it’s the same venezuela buy cell phone number list file is associated with the NFT, but the mint number is different. This is the hash, provided by the blockchain. The NFT is a certificate of ownership of a particular piece of digital artwork, so basically you can own edition #1 or edition #100 of a song/album/clip. This ID makes it unique among others like it.

When the NFT is purchased, you can then use a crypto wallet to secure access to the music. The mp3 file is stored on the appropriate platform (not cross compatible), and then your wallet acts as a “key” to access the file.

The important part and how it all comes together to represent rarity. Music NFTs are sort of like a limited vinyl release. Some original presses become extremely valuable over time.
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