In one week, our CEO, Billboard-award-winning artist WILSONN, made $44,000+ selling his NFT interactive music video AR filter at an NFT auction.
What is an NFT (Non-fungible Token)?
“This means that it’s unique and can’t be replaced with something else. For example, a bitcoin is fungible — trade one for another bitcoin, and you’ll have exactly the same thing. A one-of-a-kind trading card, however, is non-fungible,” according to theverge.com.
This is a game-changer for musicians. This way, you can sell unique copies of your digital music and make some serious cash. “You would need to rack up 11 million streams to get paid by Spotify in royalties for what I made for my NFT in one week of auctioning,” WILSONN said.
“You also don’t need to wait for 12-24 months to get paid that money in increments when you make that money upfront once the final bid for your NFT is made and sealed! My NFT went to the final bidder for USD 44,110!! That’s 16.9 ETH coins!!!”
When is this form of selling music going to be more available for other artists? It’s in the works so stay tuned. WILSONN has a vision for sharing this opportunity with the music community. He wants to show other artists they don’t have to always rely on the traditional methods of raising money to fund their music careers.
“If I can do it, so can you, and I will hopefully be able to help and guide anyone who wants to know about how I did it,” WILSONN said. “You just need to think outside the box and get the knowledge on the next wave of tech and opportunities being developed and you will find a way.”
Thanks To The Team
“I am so grateful to be able to work with an amazing digital creative Laurent Marcus who I was introduced to by a good friend of mine,” WILSONN said. “We wanted to think outside the box and do something that hasn’t really been done before in this country. Laurent had the idea and concept and I had the song and vision for it, and we made it work!”
“I also couldn’t have done this without my team, I want to thank Monegraph for minting the NFT and the NFT auction platform that allowed me to auction it on my website and my partners. That was a game-changing tech on its own.”
Cheers to our innovative CEO and to his passion for changing the music industry for the better!
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