General Question

Strauss's avatar

Can (or should) I convert my music to sell as NFT's?

Asked by Strauss (23618points) 2 weeks ago

I have been writing and composing for years, and as a result I have a fairly large collection of songs, tunes, and compositions that have never been released or published, (It is all copyright-protected.) What would be the risk vs. reward of going NFT/

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9 Answers

janbb's avatar

Who is going to buy it?

ragingloli's avatar

NFTs have crashed and burned months ago.
Even the ones that sold for millions at first in the initial craze, are now worth almost nothing.
They have always been nothing but a way for the initial speculators to enrich themselves at the expense of the fools that followed after them, smelling a way to get rich quick.
A classic Greater-Fool type scam, dressed up with techie sounding language to obscure its true nature.
Stay as far away from it as you can.

Demosthenes's avatar

If you can find a way to get money from the stupidest, most obnoxious people in the world, I say go for it.

Caravanfan's avatar

@ragingloli You mean all those Donald Trump NFTs I bought are now worthless? Damn!

ragingloli's avatar

Those always were worthless.

Caravanfan's avatar

@ragingloli I know. All NFTs are worthless.

cookieman's avatar

Sorry @Strauss, but the whole NFT “market” has come and gone. Toast. History. Yesterday’s news.

janbb's avatar

That was my point.

Smashley's avatar

I appreciate the idea, actually. I’m in possession of rare code from the early days of video games I considered making into NFTs as a form of preservation. In the end I felt like the cost was more than the value to me, and that uploading the code for the world to see would make my rare code visible, and thus, less special. I don’t see it adding value, and there are better ways to preserve your music.

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