BinZ pioneered the release of NFT, paving the way for Vietnamese music to penetrate the NFT market
In the latest statement, SpaceSpeakers confirmed that male rapper Binz will release the NFT collection for his new song “Don’t Break My Heart” on the Tuniver blockchain platform on March 16. This event attracts great attention in the crypto community because Binz is the first Vietnamese artist to issue NFT, it is likely that BinZ will hold the flag for the wave of artists entering the NFT market. Vietnam.
Binz, whose real name is Le Nguyen Trung Dan, is a famous rapper and musician in Vietnam. Associated with a series of hits such as Bigcityboi, Blackjack, Cho me, … rapper BinZ is also a member of SpaceSpeakers, the home of many famous singers, rappers, and music producers in Vietnam.
According to information from SpaceSpeakers, Binz’s NFT collection will have four types: Platinum, Gold, Silver, and Bronze, corresponding to a certain share of the digital music royalties of “Don’t Break My Heart”. , among other perks. Coach Rap Viet’s NFT collection will also be auctioned on Binance’s NFT market – one of the largest cryptocurrency exchanges in the market.
NFT stands for “non-fungible tokens”, which represent types of digital assets in many fields such as gaming, digital identity, licensing, art, etc. NFTs can be virtual assets or digitalized versions of real-world assets that are unique and non-interchangeable. The application of blockchain will ensure transparency of ownership as well as the ability to convert and transfer digital assets.
The year 2021 marks a big “transition” of the NFT market, when the total sales of NFTs reached nearly 25 billion USD – a very large number compared to 94.9 million USD in 2020. In which, artists worldwide has created a lot of fever in the community with millions of dollars in NFT transactions. The most prominent event was the event that Rapper Snopp Dogg spent millions of dollars buying virtual land in The SandBox, and released the first NFT collection called “A Journey with the Dogg”.
“King of Rap” Eminem also shocked when he spent $ 450,000 to buy NFT “Bored Ape Yatch Club 9055”. Music star Justin Bieber is also not inferior to his colleagues $ 1.3 million to own NFT “Bored Ape Yatch Club 7404”.
Despite the NFT market boom in the past year, these properties are still a sore point for investors and collectors. So now there are quite a few projects trying to provide solutions for digital assets. Prominent among these are Bami Pawn Shop – a comprehensive platform that allows users to use digital assets, especially NFT, will officially launch at the end of March.
The platform will also open the NFT liquidation market, where users can own digital assets at a much cheaper price than the market price. Besides services revolving around NFT, Bami Pawn Shop is also perfecting the ecosystem day by day with attractive features such as: Launchpad, Membership, Earning, etc.
Bami Pawn Shop promises to be an optimized place for the whole NFT market, as more and more celebrities are encroaching on the release of personal branded digital assets, in addition to the NFT GameFi that have and stirring up the market during the past time.
In addition to Binz, many other Vietnamese artists and rappers are also preparing to enter the blockchain field to release their personal NFTs such as Dat G, B-Ray and LK.
at Blogtuan.info – Source: genk.vn – Read the original article here
