Some of this starts to fall back on

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zihadhosenjm50
Posts: 9
Joined: Sat Dec 21, 2024 6:22 am

Some of this starts to fall back on

Post by zihadhosenjm50 »

Some of this starts to fall back on the wider implications of the possibilities with NFTs outside of music. Things like ticketing, passes, and so on being sold as NFTs have been making headlines as well. Again, musicians and music buyers get to disintermediate ticket venues to cut down on costs for buyers and pay more money direct to artists.

Musicians should be looking for ways to provide utility to their NFT buy afghanistan cell phone number list and fans. It could be a make-or-break decision for buyers. Ask yourself, what’s the reason my fan would really want to buy this thing?

The process and idea are the things I love. What I don’t love is the use of blockchain for this. The purpose of a blockchain is to provide an immutable, open, permissionless ledger of transactions. When you are using music NFTs as a way to sell t-shirts and concert tickets, what you have is an ecommerce business. You could do the same thing with a basic WordPress website and ecommerce plugin. We don’t need the blockchain to get this done.

If you think the blockchain and NFTs is going to make your music career explode, I don’t think that’s the case. Anything you want to do with music NFTs on the blockchain you do can with some very basic “web2” skills.
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