The proliferation of the world of Non-Fungible Tokens (NFTs) has grown beyond art, GIFs, video game items, virtual real estate, and collectibles to now include NFT music. Now musicians joining the fray are standing to make millions of dollars by selling digital versions of their art and music. When it comes to Non-Fungible Token music it falls under the domain of a rare collectible that is stored on a digital ledger. 
NFT music possesses lucrative opportunities for creatives to generate revenues as they help cut out middlemen such as record label companies through their sales as well as generate royalties for independent artists. NFT music offer artists and creatives an endless inventory of digital assets to sell and auction off to their fans.
Tag: NFTs
An NFT Bubble Is Taking Over the Gig Economy | WIRED
ARGENTINIAN MUSICIAN FRANK Tavis had the life he always dreamed of. The 26-year-old was traveling the world and performing on the streets and in bars in more than 20 countries—each coin dropped in his guitar case helping pay his way to the next country for five years. Then the pandemic hit, bars shut down, and Tavis’ income dried up. A friend recommended he join Fiverr, a freelance gig economy website where people are paid for a variety of digital services usually offered by contractors. Tavis began writing songs for small sums of cash in mid-2020.
The earnings helped him live, but he saw a bigger opportunity. “I watch a lot of YouTube, and I started to see a lot of different stuff about NFTs,” he says. Tavis knew artists who he could pay to design artwork that others would use to make NFT collections. So he pivoted his Fiverr business to design the artwork used for NFTs.
Ubisoft Bringing NFTs To Gaming With Ubisoft Quartz | Digital Trends
Ubisoft has made itself the first major company in gaming to bring NFTs (non-fungible tokens) to the medium. Through a new service called Ubisoft Quartz, players will be able to earn playable NFT cosmetics in games, with the first such game being Tom Clancy’s Ghost Recon: Breakpoint.
According to a trailer posted to Ubisoft’s YouTube page, players who sign up for Ubisoft Quartz will earn Digits, the publisher’s own name for its NFTs. These Digits are unique cosmetic collectibles that make no difference in gameplay aside from changing how a player character or a player’s weapon appears. Each Digit has a serial number and carries the names of its owners for “years to come,” according to Ubisoft.
Dispatches From The Front 