NFTs Offer Alternative Revenue Source for Asian Musicians
Reading now: 568
variety.comVivienne Chow Hong Kong-based singer-songwriter Hanjin Tan sold out his NFTs in just one minute on Thursday, earning him $200,000 and a new record for a musician in the Chinese-language music industry.
But the award-winning musician believes this is just the beginning of his long-term experiment with the technology which he hopes will be a lifeline for his peers struggling against corporate dominance.Tan’s latest work “The xxxx is an NFT” is a 27-second MP4 of a brand new song with a music video, available in a limited 77 pieces, each costing 7 BNB (Binance Coins).
They were listed on Treasureland, a multi-chain NFT issuance and trading platform. All 77 pieces were sold out for a total amount of 539 BNB, currently the equivalent of around.
Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
