According to reports, rap start NAS will give his fans a chance to buy streaming rights to his two hit singles, “Rare” and “Ultra Black.” The availability of ownership and royalty has further cemented the importance of NFT design services, and the idea has gained widespread popularity due to such endorsement. NAS has chosen royalty to give his fans a new way to connect. In his latest interview, he stated that:
“I am always looking for new and unique ways to connect with the people. So I am excited to partner with Royal on their new endeavor for the world to connect with my music in a new way”. {Source THE SOURCE.COM}
The hip-hop legend will be giving away 50% of streaming rights to buyers for each of his songs.
NFT designers such as NFT Kreator are ready to take on the new endeavor on celebrity-based NFT rights.
NAS Teaming with Royal
Hip Hop legend and superstar NAS teamed up with Royal, a song ownership platform that he invested with last year alongside The Chainsmokers. 760 tokens have been made available for his hit singles from his Grammy-winning album “King’s Disease,” which have been publicly announced on January 11, 2022. Three tiers of tokens have been announced; each hasa different level of ownership.
NFT Tiers For“Ultra Black” and “Rare”
ULTRA BLACK:
- Gold Tier: 0.0143% streaming rights for $50
- Platinum: 0.0857% streaming rights for $250
- Diamond: 2.14% streaming rights for $4999
RARE
- Gold Tier: 0.0113% streaming rights for $99
- Platinum: 0.0658% streaming rights for $499
- Diamond: 1.58% streaming rights for $9999
Royal identified that this is a massive opportunity for the music industry to revolutionize itself with the help of NFT design services. Shifting the power to the artists is a decisive step that will surely bring positive results.
Justin Blau, Royal’s Co-Founder and CEO, stated that “Having NAS be the first NFT Crypto artist to sell royalty rights through Royal is an incredible affirmation of our mission. It’s proof that artists across genres feel strongly about democratizing ownership of their music and that they want to be connected to their listeners on a deeper level”.
The drop set offered by NAS has to be the first in many upcoming ownership-based NFT.
How NFT Design Services can Benefit From This Approach?
Since celebrity endorsement is something that fans look forward to and works as a hidden marketing effort. NFT design services have huge opportunities for new and better ownership rights to put their expertise forward.
Services such as NFT Kreator have a chance to work with legendary artists to spread their NFT expertise. They can offer their creative side to celebrities and mainstream artists to come forward and give their ownership to fans. It will provide a substantial earning potential to the right holder and the ones buying those NFT designs. It is now up to the professionals to market themselves in this industry before it becomes too saturated.