Royal’s high-profile drop of music NFTs from Nas may have hit a snag this week, but there is still plenty of other news coming out of the sector.
Opulous, the crypto-focused spin-off from distributor Ditto Music, has announced that its token will be listed on the AscendEX financial platform, which it sees as a key endorsement of its business.
Elsewhere, the late hip-hop photographer Chi Modu’s work is being turned into NFTs by ‘blockchain metaverse developer’ Crypto Blockchain Industries, while country artist Parker McCollum’s ‘Gold Chain Cowboy Black Card: Signature Edition’ NFT sold out to 1,000 fans on the MusicFX site. Those buyers will get a year’s membership of his digital fanclub, including access to private jam sessions, meet’n’greet passes at physical concerts, and the promise of ‘secret airdrops’ into their collections on MusicFX.
Meanwhile, US music service Lüm is planning to launch music NFTs with 25 “globally known musicians” as part of a new ‘Fan Access Passes’ service.