After the explosion of Decentralized Finance this year, Non-Fungible Tokens (NFTs) or Digital Collectibles like some people prefer to call them is another revelation of the year 2020. They have been the rave in the Blockchain Art and gaming world, so many who saw them as just another passing fad are beginning to have a rethink are see their enormous potential. I for one hadn’t at first been enamored by the though, by like many others I have slowly warmed up to the thought of NFTs and now I am as much a proponent of them as any other you would find.
One industry I am excited for that is slowly but surely integrating the use of NFTs is the Blockchain Music industry. Blockchain Music streaming platforms have overtime grown a reputation for taking back power and giving it to the artists who toil and work hard to put out their craft but are under-appreciated and underpaid for it. With Blockchain streaming platforms the story is being rewritten and today with platforms like Emanate we have artists earning their fair due for doing what they love.
The introduction of NFTs takes the artists earning potential to a whole new level. Artists now have the opportunity to create and sell Digital Collectibles to fans. The team behind Emanate is currently working with Electronic Music legend Deadmau5 to bring to fans RAREZ. It will feature sales of classic slogans, live show photos, video cards, artworks, logos, stickers and so much more. They are all items that can be bought and sold and can also be held for higher gains in the near future. Packs go on sale December 16th only, and to find out more you can join their Telegram group; t.me/rarezofficial to find out more.
I expect more artists to key into stuff like these and continue to bring value to their fans by sharing the experience in different forms. They are also forms of Digital Memorabilia which fans can hold on to and recapture and cherish the moments like shows and new music. It definitely is another form of revenue for artists and I expect many more to key into this. I think very soon the days of having those we call ‘struggling artists’ will be a thing of the past because there will be so many earning potentials and streams for them.
NFTs are playing their part of making this dream of increasing artists earning potential a reality, so many opportunities will keep coming along and I expect more mainstream artists to keep keying into this revolutionary tech just like deadmau5 has done.
To sign up and begin to earn from your creative work either as an artiste or say a producer or even composer or to begin to listen to beautiful Music and reward the artists go sign up on their website by clicking this link;
If you have any questions or anything you need clarification on, don’t hesitate to join the Emanate Discord group and ask your questions, a Rep will be sure to reply you as soon as possible;