The Best NFT Music Marketplaces

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The Best NFT Music Marketplaces

• Vardhaman Infotech

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What is NFT?

• The term "non-fungible" simply indicates that it
  is one-of-a-kind and cannot be replaced. A
  bitcoin, for example, is fungible, meaning you
  can exchange one for another and obtain the exact
  identical item. Most music NFTs are part of the
  Ethereum blockchain. Ethereum is a
  cryptocurrency, like bitcoin or dogecoin.

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NFT Music Marketplaces

• Nifty Gateway
• Origin Protocol
• OpenSea
• SuperRare
• Rarible

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Nifty Gateway

• Nifty Gateway has handled nearly half of all
  music NFT sales to date. At the same time, it is
  perhaps the most hardest to gain admitted to, due
  to its emphasis on catering to top-tier authors.

Type of Blockchain Ethereum
Payment Types ETH, Debit Card, Credit Card
Platform Fees 5 0.30 on Every Secondary Sales
Perfect for Highest Caliber Artists Celebrities
Auction Style Buy It Now, Timed and Silent
Royalties for Secondary Sales Subject to Customization

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Origin Protocol

• Last year, Origin Protocol was the second largest
  marketplace in terms of music NFT sales, and it
  also became an official partner of Amazon.
• The strategy in this case is concentrated on a
  greater degree of customization of the NFT
  product, as well as attempting to achieve reduced
  costs and make it more accessible to all sorts of
  producers.
• The platform's goal is to become a market leader
  in powering decentralized and peer-to-peer
  markets.

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Type of Blockchain Ethereum
Payment Types ETH, DAI, OGN
Platform Fees 5 0.30 on Every Secondary Sales
Perfect for Tech and Crypto Users
Auction Style Highly Customizable
Royalties for Secondary Sales Highly Customizable

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OpenSea

• OpenSea is the world's largest marketplace for
  crypto collectibles and NFTs, and its music NFT
  area is without a doubt one of the most growing
  and active in the field.
• It is accessible to everybody, and after making
  an account, you may enjoy creating and selling
  NFTs without paying the gas fees, which is quite
  useful for makers on a tight budget.

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Type of Blockchain Ethereum
Payment Types ETH, WETH, DAI
Platform Fees 2.5
Perfect for For a Creator of Any Size and Budget
Auction Style Buy It Now and Timed Auctions
Royalties for Secondary Sales Subject to Customization

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SuperRare

• SuperRare is a curated digital art site that has
  been working hard to enhance and maintain their
  music NFT section.
• As with Nifty Gateway, the application procedure
  is highly selective, and it is not easily
  available to all sorts of authors.

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Type of Blockchain Ethereum
Payment Types ETH
Platform Fees 5 to the Gallery 3 to the Marketplace
Perfect for Established Well-Known Artists and Creators
Auction Style Scheduled Auctions, Reserve Auctions, Open-Ended Offers, Buy It Now
Royalties for Secondary Sales 10 of Every Secondary Sale

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Rarible

• Rarible is another widely accessible marketplace
  that, despite its initial concentration on
  digital artwork treasures, is experiencing a
  surge in the volume of music NFT transactions.

Type of Blockchain Ethereum
Payment Types ETH, WETH, DAI, RARI, ATRI
Platform Fees 2.5
Perfect for Creators of All Sizes and Budgets
Auction Style Buy It Now, Open-ended Offers
Royalties for Secondary Sales Subject to Customization

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Innovative NFT Music Marketplaces to Look Out for
in 2022

• Opulous
• Audius
• One Of

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Opulous

• Ditto Music's Opulous platform aims to build an
  environment in which producers and their fanbases
  may profit together. The idea is that Opulous
  would allow creators to sell NFTs with embedded
  royalties from a specific song or album, letting
  fans to become direct stakeholders in the musical
  product and significantly affecting the fanbase's
  music marketing incentives.

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Type of Blockchain Algorand
Payment Types OPUL
Perfect For Creators Artists Who Want to Strengthen their Bond with their Fans
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Audius

• Audius is a music streaming service that
  compensates artists for streams generated by
  individual customers who play their music
  directly. Audius generates the content's
  timestamps, allowing artists and fans to become
  decentralized node operators that maintain the
  network. The platform intends to become the
  undisputed leader in "B-Side," or
  behind-the-scenes content bundling, and we will
  undoubtedly see more of Audius following their
  relationship and integration with TikTok last
  year.

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Type of Blockchain Ethereum Solana
Payment Types AUDIO
Perfect For Creators Artists Who Want to Strengthen their Bond with their Fans
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One Of

• One of these is a Quincy Jones-backed music NFT
  exchange that claims to be a lower-cost and
  greener alternative to what's already available.
  One of them uses the Tezos blockchain, which is
  significantly more democratic in terms of energy
  use than the regular Ethereum blockchain. The
  exchange concept is connected to generating a
  diverse range of purchasing alternatives,
  allowing even a low-budget fan to participate in
  the music NFT world, and attempting to stimulate
  widespread mainstream acceptance of this
  technology in music.

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Type of Blockchain Tezos
Payment Types Debit Cards Credit Cards
Perfect For Creators Artists Who Want to Strengthen their Bond with their Fans
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About Vardhaman Infotech

• Vardhaman Infotech is a subsidiary of "Vardhaman
  Infotech Pvt. Ltd," a well-known India-based web
  and mobile development company, specializing on
  Blockchain application development. We were
  founded in 2013 by a group of devoted and
  enthusiastic individuals, and our expertise in
  Blockchain solutions has allowed us to grow
  significantly. With cost efficiency and solid
  commitments, we have grown to be a market leader
  in our market verticals to date. We've worked
  with and studied the latest blockchain
  technology, allowing us to apply IT creatively in
  specialist sectors and provide value to our
  clients. We combine our creative ideas to create
  Advanced, Adequate, and Accessible services.

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Contact Us for NFT Development

• E-Mail ID - info_at_vardhamaninfotech.com
• Call Us On - 91- 89559 53845
• SKYPE ID - vardhamaninfotech1