Saved by Luke deWilde
Ticketmaster taps Dapper Labs’ Flow blockchain to release tickets as NFTs
the ticketing industry has a major opportunity here: By issuing tickets as NFTs, venues can give a variety of benefits to purchasers, creating more of an incentive to buy, as well as providing the venues an opportunity to collect royalties on secondary sales.
Steve Kaczynski • How NFTs Create Value
11. Sell a sync license: NFTs offer a potential opportunity for simplifying the sync licensing process. By embedding a complex set of rights and licenses into a fairly liquid digital token, copyright owners can simplify how they issue licenses and how everyone gets paid.
Justin De Marco • The Musician’s Guide to Web3
2. Fractionalize ownership with royalty-bearing NFTs: “Fractional ownership” is one of the more widely discussed use cases around NFTs. Here, a fraction of a song is sold as an NFT, with the owner then being entitled to the equivalent portion of royalties generated from the commercial exploitation of the song.
Justin De Marco • The Musician’s Guide to Web3
The blockchain inverts the digital advertising landscape because it makes all transactions public. Data is no longer proprietary. So if you wanted to take advantage of that information by, say, serving New Balance ads to Nike .SWOOSH token holders you would have to create real estate on the internet where people actually spend time. You know, like
... See moreDaisy Alioto • The Taste Economy
To create an aura of artificial scarcity around their music, the likes of 3LAU and RAC create a non-fungible token (NFT) to represent each piece of art. An NFT is a token that — unlike, say, a U.S. dollar bill or a standard cryptocurrency like Bitcoin or Ether — is rare, singularly unique, not mutually interchangeable and indivisible into smaller d... See more
Cherie Hu • Digital music’s new drop culture
Music NFTs build superfan communities. Fans can build relationships with their favorite artists. Artists can identify and monetize from fans.
Coopahtroopa • Music NFT Landscape
-Management: blockchain simplifies monetization, payments, and rights management