On April 14, 2022, Jupiter Meta will reveal music NFTs for the first time in the country. The unique items will be made available as part of a special metaverse event, including a solo performance by singer and composer Karthik, as well as the country’s first curated NFT marketplace.
According to the firm’s press release, the launch of music NFTs in the nation represents a watershed moment since music NFTs will provide musicians the freedom to own their work and allow them to communicate directly with their fans.
According to the announcement:
“These NFTs substantially benefit the creator, giving them more control over their work. For buyers of these music clips, there is potential in terms of a sense of ownership and financial flexibility. “
Highlights
- It is crucial to remember that a limited number of fixed-price tickets are available.
- Purchased tickets will be kept as NFTs in a user’s wallet and will have a tradeable value.
- Visitors will be treated to some old songs as well as two brand new pieces that will be played for the first time.
- The new tunes will be acknowledged to ticket holders as music NFTs, and while they can be played for personal use, any commercial usage may result in royalties for the musician.
Jupiter Meta CEO Manasa Rajan stated:
“The metaverse isn’t just a buzzword anymore. It has real implications and brings actual value to the way we interact with one another and with intangibles such as culture and the sense of community. ”
He went on to say:
“Music NFTs will give users a specific value and sense of ownership that cannot be replicated, while the concert will bridge the physical divide between artist and fan in a sense and open the doors for more personalised and meaningful conversations outside our reality.”
Likewise, Karthik, a musician, stated:
“Doing something like this in the metaverse is beyond imagination! I’m really happy fans get to experience this special moment and own my new songs! It is going to be rock. “
How can I get into the digital arena?
Visitors are welcome to attend the digital venue at least 30 minutes before the event to explore the environment and meet their friends. Within the metaverse, one may move and sway, clap, send emojis, communicate, and do specific motions such as waving and raising one’s hands. Payment methods include Internet banking, debit and credit cards, and UPI.
