Royal & Nas’ First-Ever NFT Drop Sells Out in Minutes

It’s official: hip-hop icon Nas has been added to the blockchain. On 3LAU’s new platform, Nas worked with the DJ to make his first-ever NFT collection in two parts.

Both of the drops, which were the first live sales of NFTs on Royal.io, sold out in record time, with a total of 1,870 NFTs. In addition to the $560,000 in total money, secondary sales have already begun, with the project rising on OpenSea to270 ETH ($725,000+) in sales volume.

Both “Ultra Black,” the album’s debut hit, and “Rare,” from Nas’ 2022 Grammy Award-nominated album King’s Disease II, can be included on the compilation.

Streaming royalty ownership is now available to collectors of both tracks, which were initially released by Nas’s indie label, Mass Appeal, as LDAs (Limited Digital Assets, a.k.a. royalty-bearing NFTs).

Both “Ultra Black” and “Rare” have a limited quantity of tokens, and streaming royalty ownership is divided into three tiers: Gold, Platinum, and Diamond. In addition to royalties, there are additional perks for each tier, which are detailed in the table below.Royal & Nas’ First-Ever NFT Drop Sells Out in Minutes

Even though its original debut date of Jan. 11 was canceled, the collection went up today without a hitch after an extra week of preparation.

Royal’s technology is already changing the game for independent artists, but it will have far-reaching consequences for them as well.

Until recently, the only ways for fans to demonstrate their support for their favorite artists have been to listen to or buy their music, go to performances, or purchase merchandise.

It’s now possible for fans to invest directly in singers and experience shared riches as they ascend to recognition via Royal.

Visit the Royal.io website to discover more about Nas’ drop.

spot_img

Subscribe

Related articles

Munchkin Secure Grip Changing Pad Review

This is one of the most clear-cut pads that...

OZARK RIVER PORTABLE SINKS KIDDIE STATION REVIEW

New parents know the hassle of changing a baby...

PETG Filament For 3D Printing Pros and Cons

Today, we'd like to share some interesting facts about...

Best Koala Changing Tables

You will only understand the importance of a baby...

Can I afford a baby? Of course you can!

No matter what your situation is or where you...
spot_img
Peter Graham
Peter Grahamhttps://fix-iphones.com
Hi there! I'm Peter, a software engineer and tech enthusiast with over 10 years of experience in the field. I have a passion for sharing my knowledge and helping others understand the latest developments in the tech world. When I'm not coding, you can find me hiking or trying out the latest gadgets.

LEAVE A REPLY

Please enter your comment!
Please enter your name here