certify
Home arrow Article arrow Article Detail

The musician has recently sold the NFT Token by getting the Royalty Rights for $26K in Crypt

Profile Image

Crypto Business World Follow

INDIA

Dec, 22 2020

Dec, 22 2020

likes | comments 0

Article Image

The platform for blockchain Rocki has recently made an announcement of the first auction which is of non-fungible token that has grabbed the attention of many investors. The buyer's rights to royalty income from the music are what this sale will be all about. In the recent announcement the Israeli-born musician Guy J who is also a progressive house musician sold the income rights of the track called the dubbed cotton eyes on the Rocki platform using the sale on ERC- 721 standard NFT. The token was auctioned with the help of decentralized auction protocol Bounce. Finance and the sale of 40 ether were made.


The name itself suggests that the token is non-fungible and is those that unlike the cryptocurrencies shall be given some unique features. Another token Rocki will be issuing an ERC-1155 standard NFT that will bring the buyers an exclusive privilege of listening. The CEO and cofound of Rocki- Bjorn Niclas stated that there have been more than 30000 tracks that are uploaded by the independent artists on the platform to make the launch in beta. The company further added that the streaming platforms like Spotify will give the independent artists only pocket change for their hard work.


With all this, Rocki surely is in the right place to be the most preferred streaming service that will have different genres of many artists. Sailing the art on such a platform has become a trend these days. Since the trend was even followed by Lil Yacht for selling the Fetches $16K digital collectible in Latest String of the High-Profile NFT Auctions. These are the platform where artists find it more appreciative about the work since there are many buyers who wish to purchase the art.


likes | comments 0

Profile Image

Crypto Business World

CBW - External Analyst

INDIA

Comments
Data Centre Construction - World First artificial intelligence AI-Tech Utility Token
banner
Article
Ethereum Devs Introduce Shadow Fork to Test Ether Withdrawals

Ahead of the Ethereum Shanghai update, developers are taking measures to ensure its success by creating a "Shadow Fork" testnet. According to a tweet thread by Go-Ethereum developer Marius Van Der...;

Disclaimer: The information is for informational purposes only.​ This advertisement does not constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. None of the information and/or content available through this advertisement is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any company, financial product, security or commodity. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable or result in any investment or other losses. In Making the investment decision, investors must rely on their own examination of the issuer and the terms of the offerings, including the merits and risks involved. Investments are speculative, illiquid, and involve a high degree of risk , including the possible loss of investment.