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[CrazySher]

Jay-Z's first album "Reasonable Doubt", is listed by Sotheby's and Roc Nation to be sold as a NFT in an auction held by them.

 

[Josemendez]

I think there is an going adoption of NFT in the music industry and this is quite a welcoming idea as it will promote NFT to the world

 

[Niftyicon]

I wonder what it would be worth. NFTs are trending now and I think the world of art now has a profitable niche in the crypto space.

 

[Josemendez]

I wonder what it would be worth. NFTs are trending now and I think the world of art now has a profitable niche in the crypto space.

Exactly . But the only issue with NFT is the fact that time will come when there will be so many art works that people won't be making much money from it

 

[Niftyicon]

Exactly . But the only issue with NFT is the fact that time will come when there will be so many art works that people won't be making much money from it

I have also thought in that line. Looking at how the NFT marketplace is gradually getting flooded by different arts, a time will come when only those with unique ideas would be able to make sales.

 

[Josemendez]

I have also thought in that line. Looking at how the NFT marketplace is gradually getting flooded by different arts, a time will come when only those with unique ideas would be able to make sales.

Yeah . It is sad that only nft from top influential personalities that sells high , nft from other artist barely makes it to the market.

 

[BullyMaguire]

Nowadays if you're famous and have a lot of fans you can get a lot of money by just making your own NFT. Many musicians will follow for sure.

 

[Josemendez]

Nowadays if you're famous and have a lot of fans you can get a lot of money by just making your own NFT. Many musicians will follow for sure.

It is only people who are popular in the society that gets their NFT sold faster and at a huge price. Small creators have to struggle to get audience.

 

[SCAMEXPOSER]

It is only people who are popular in the society that gets their NFT sold faster and at a huge price. Small creators have to struggle to get audience.

That's true, I am also trying to understand the concept of the NFT because most celebrities and some companies are interested in NFT

 

[BullyMaguire]

It is only people who are popular in the society that gets their NFT sold faster and at a huge price. Small creators have to struggle to get audience.

It's kinda sad because people who is passionate and really try hard won't get much attention because they are not someone already famous. It's sad but it's the reality that famous always have the advantages

 

[SCAMEXPOSER]

It is very likely that the NFT to be launched by Jayz would be sold at higher price and faster because he is famous celebrity and an influential figure.

 

[Josemendez]

That's true, I am also trying to understand the concept of the NFT because most celebrities and some companies are interested in NFT

Yeah. I see it as the next big thing happening in the cryptocurrency world. We just have to endeavor to have plans for it in order to be able to participate in the profit during the rain days.

 

[GoldenLady]

I think there is an going adoption of NFT in the music industry and this is quite a welcoming idea as it will promote NFT to the world

The entertainment and art industries are really going into NFTs. But I do wonder what will happen when and if people get bored with such. Does this mean if one holds an nft it becomes valueless?

 

[Josemendez]

The entertainment and art industries are really going into NFTs. But I do wonder what will happen when and if people get bored with such. Does this mean if one holds an nft it becomes valueless?

Well , if the nft you are holdl has no value , if people are not really interested in your nft , then it becomes worthless because no one will buy it when you list it

 

[SCAMEXPOSER]

I think these NFts also varies or flauctuate like cryptocurrencies, I am still learning though. I wish we could have a thread solely for NFT discussions.

 

[Josemendez]

I think these NFts also varies or flauctuate like cryptocurrencies, I am still learning though. I wish we could have a thread solely for NFT discussions.

Yeah , they are volatile as well but their supply is not as big as it is with cryptocurrency . I too is still trying to learn about cryptocurrency as well

 

[ipol12]

Yeah. Many recording artists are now into NFTs. I think, even Lindsay Lohan has sold her song as NFT. Other singers are selling NFTs of their photos or artworks with their face. Not a fan of Jay Z though. For sure it was hyped.

 

[gammarays]

The adoption of Nft in the mainstream media sector is increasing at a rapid pace. NFTs are good ways for brands to bond with their fans. Since it's built on the blockchain, the collection can be issued at an organized pace.

 

[Riberet19]

Yeah. Many recording artists are now into NFTs. I think, even Lindsay Lohan has sold her song as NFT. Other singers are selling NFTs of their photos or artworks with their face. Not a fan of Jay Z though. For sure it was hyped.

I think they only want profit from these trends, it is normal for this sector to get involved here since it is a way to sell exclusive items and they know that fans will want to have anything from them and will buy it, even if it is an NFT

 

[gammarays]

I think they only want profit from these trends, it is normal for this sector to get involved here since it is a way to sell exclusive items and they know that fans will want to have anything from them and will buy it, even if it is an NFT

Yes fans always want to feel connected to their favorite artists. This can be done through collectibles that's where Nfts come in. These collectibles are cherished by fans as a reminder of knowing the artist.