The new NFT project, introduced by the music company Republic under the leadership of rapper Lil Pump, has reached its maximum goal by raising hundreds of thousands of dollars in a very short time. The people who invested money in the project obtained the copyrights of the song they invested in.
Blockchain powered platform Opulous and famous music company Republic holding hands, rapper Lil Pump and new NFT projects with DJ KSHMR Security NFT‘s (S-NFT) introduced. Thanks to this project, Republic also became the first platform to bring music investment and blockchain technology to large audiences by offering Security NFTs.
Within the scope of the project, fans from all over the world will listen to their favorite music. 100 dollars be able to invest with a reasonable amount such as to copyrights may also have.
Reached $500,000 in two hours
Leading this new project, Republic introduced Security NFTs, which combine securities innovation with blockchain technology, under the leadership of world-renowned rapper Lil Pump. In this context, NFT produced the first version of the project. Jimmy DuvalNew song by Lil Pump, performed by “Mona Lia (feat. Soulja Boy)” presented to the fans on the relevant platform. The sale took place last November 4, within the framework of the project, which gave fans a chance to invest. The work is only two hours as soon as 500,000 dollars has reached its maximum goal.
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So what does this mean? That is, each time the song is played on streaming platforms, or whenever the song plays on any radio, television, movie or video game, NFT owners who have invested in the song will receive royalties means. In other words, investors every time the song plays. earned money it will be.
Source :
https://www.coinkolik.com/rapci-lil-pumpin-yer-aldigi-nft-projesi-aninda-satildi/