NFTz launches a new paradigm in Audio NFT distribution

Sound NFT

NFTz music NFT

NFtz logo

Today, NFTz, a social NFT platform and marketplace, has rolled out what they envision will revolutionize both the online music and audio market.

FORT MYERS, FL, US Launching yesterday, the NFTz platform now allows users to create audio files (music, audiobooks, podcasts, sound effects, audio packs, etc) as non-fungible tokens (NFT).

An NFT can include multiple audio files/tracks, which can then be placed in a zip file and stored on decentralized servers. NFTz supports .mp3, .ogg, and .wav file formats, as well as the use of graphics to represent audio NFTs, including animated GIFs. Additionally, artists can include unlockable content for those who purchase their NFTs. This can include anything from large, high-quality files to QR codes. Unlike other NFT marketplaces, royalties are built into the NFTs on the chain, meaning they are immutable and permanent.

“We recognize that as we move into the next few years, NFTs will not only be about photos, profile pictures and visual art,” explained Ed Krassenstein, CEO of NFTz Inc. “We will see the technology disrupt a number of other industries, namely the music and audio distribution spaces. NFTz is well positioned to benefit from this transformation thanks in part to the social properties of the DeSo blockchain.”

Due to their built-in social layer, NFTz is able to connect musicians and audio producers to their followers, allowing artists to connect, discuss and even be rewarded, via tips, for the content they produce and sell.

To introduce these new features, NFTz has worked closely with music producer, DJ and NFT artist Murkury to release the first ever Audio NFT on their platform.

Going forward, the company intends to implement “Audio Streams” so that fans and listeners can track their favorite artists, purchase their content and interact in a streamlined way.

NFTz is a web/mobile app built on the DeSo blockchain that has enabled the storage of social media content on the chain. The app uses this relatively new blockchain to provide enhanced functionality to NFTs and their owners. These features include tips, comments, follower graphs and a single social identity across chains. NFTz is already working on integrating with Ethereum, Polygon and Solana, with a view to a number of other chains as well.

Brian Krassenstein
NFTz Inc
+ +1 609-226-3146
send us an email here
Visit us on social media:
Twitter
LinkedIn
Other