Last month, Ditto Music‘s blockchain-powered Bluebox platform pulled off a pioneering feat: what the company describes as “the first ever split music copyright NFT sale”. In the end, two artists – UK rapper Big Zuu and US act Taylor Bennett – each sold large stakes (50% and 75% respectively) in the recorded music rights to a yet-to-be-released track. These stakes were themselves divided up into 1% portions as NFTs, selling for $100 apiece.
Source: Having sold music rights to 125 people via NFTs, this blockchain platform is evolving again