A little over a week after independent Toronto musician Seth Dyer released his “Act One — Outcast” album, he had sold just one copy.
But he was excited.
Why? That one copy sold for $1,000, or around half an Ethereum, to someone who purchased it via Rarible.com, a marketplace for NFT digital art.
“It might sound like a little, but (I) would have to get a couple hundred thousand streams to get $1,000,” Dyer said, drawing a comparison to success in the music world industry.
Dyer sees a creative future in this transformative digital landscape.
Source: Toronto Daily Star
Date: May 5th, 2021
- This chart is very useful and informative. What sorts of things could it apply to?
2. Is there a way to start a business around helping people distribute their work with NFTs?