In addition to the NFTs of these singers, the magazine Billboard is associated with Universal Music Group to release NFT collectibles, which are based on milestones from their famous music charts.
The specialized music magazine Billboard is well known for its work in music broadcasting and for its listing the addition of an asset or an asset pair to an exchange. of music hits in the United States. Now it’s going for more: what is now a global music media brand is launching itself into the world of tokens no fungibles , NFT, two important pieces of news this week: that he will be making NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. of singers Madonna, Mariah Carey and Christina Aguilera and, on the other hand, that it will release NFT collectibles of its famed music chart.
NFT of three women singers
Billboard said he wanted to shed light on efforts to ensure that the future was egalitarian. “So we decided to create a series of special covers for our annual ‘Women in Music’ issue featuring non-fungible tokens that Billboard commissioned to honor three iconic singers, including Christina Aguilera, Madonna and Mariah Carey.” explains.
He reports that to do so, they partnered with World of Women , una empresa cofundada y lanzada en julio por la artista de NFT Yam Karkai with the goal of welcoming women into the digital collectibles space, using inclusive and empowering imagery.
He recounts that Karkai’s original collection of 10,000 diverse female avatars was initially priced at 0.07 ETH each, or around USD $200 at the current exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. rate, but some traded for hundreds of thousands of dollars on the secondary market, as celebrities like Eva Longoria and Reese Witherspoon have worn them as their own avatars online. The collection has generated more than $200 million in trade volume, and the company now works to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. women artists around the world by promoting their digital art.
Add the medium: “We are delighted to present our very own Karkai-designed NFTs, which will be auctioned on FTX US NFT Marketplace later in March. Some of the proceeds will benefit the non-profit organizations of each cover star’s choice, and we’ll bring the purchasers of these NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). to Los Angeles for our Women in Music celebration next year, where they’ll walk the red carpet alongside our star honorees.”
These are the three NFTs:
NFT Music Hit List
Also this week Billboard anunció que la firma se asoció con Universal Music Group (UMG) to launch a project of tokens no fungibles (NFT) called Chartstars .
Según Billboard , el proyecto Chartstars will be the first NFT product from Billboard focused on the music fans, as it is a Chartstars aims to “commemorate the achievements and milestones on the Billboard charts.”
These NFTs will be made from the blockchain. Flow. Billboard r eveló además que los NFT de Chartstars will include “officially licensed art and creative, including short a trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit. visual clips from music videos and album photography.”
“The launch of Chartstars marks Billboard’s first scalable NFT product aimed at music fans. Chartstars will be a collection of artist-focused digital digital technologies are these electronic tools that have the ability to generate, store or even process data. artwork commemorating achievements and milestones on the Billboard charts.” , explica el comunicado.
It is worth remembering that this comes three weeks after Universal Music Group (UMG) revealed that it will be using an NFT platform a place to buy, sell and store cryptocurrency for launch artists and albums .
“For the first time, music fans will now have the opportunity to be forever linked to their favorite artists by sharing ownership of a moment in time. These digital collectibles will celebrate and commemorate special chart achievements with visually stunning [creative]. Fans will also compete for real-life prizes, adding an authentic layer of gamification to the entire platform.” said Julian Holguin, president of Billboard.
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