NFTs for Music and IP
Learn what NFTs can bring to the music and Intellectual Property industries.
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Learn why we built the NFT Kit and how it relates to our other products (2-3 min read)
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Read more about NFT here to learn the basics, or keep scrolling to read about NFT for music and IP rights
How NFTs will transform the music industry
Music
Exclusive content
NFTs issued by artists can be tickets or keys to some exclusive gifts or events (e.g. concerts)
Automation
NFTs (with smart contracts) can increase the level of automation for royalty distribution as well as song releases
Personalisation
NFTs can be personalised and allow for a better digital experience for the end customer
Reduce costs
The immutable aspect of blockchains reduces the amount of costly human mistakes, on top of having low transaction costs
IP rights
Fraud prevention
NFTs can be verified easily and hence prevent frauds and fake documents/transactions
Royalties
Since NFTs represent ownership, they are well suited for IP rights, and royalties can be distributed easily to the NFT owner
Tradability
Having property rights as NFTs means that you can trade them faster and more easily
New revenue stream
An NFT creator can decide to take a % cut on every additional sale of the NFT which create a new form of revenue stream for them
Why you should you adopt NFTs.
Create unique experiences
There is a high demand for NFT use cases in music and IP rights
Keep up with the innovation
It is important to stay on top of innovations to avoid falling behind the competition
It’s a growing market
It is a growing market with a new way for music studios & artists to engage with communities
Join industry leaders in adopting NFTs
Start building.
Holistic open source infrastructure for building applications and use cases with NFTs.
Open Source.
All our products are open source under the Apache 2 license.
Interoperability.
Use different blockchains such as all EVM-compatible chains (e.g. Ethereum, Polygon, Avalanche).
Advanced features.
From simple NFTs to dynamic ones, soulbound tokens (SBT) or royalties.
Customizable.
Build NFTs in all kinds of variations based on different smart contracts.
End-to-end solution.
Build end-to-end use cases from minting, over distribution to verification (ownership, metadata).
Support & Services.
Industry-leading experts ensure your projects success.