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NFTs (2)

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5 Ways Brands Have Benefited From Utility in NFTs

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Ben Plomion

Humans have always valued utility. From developing stone tools to perfecting animal husbandry, our ancestors crafted technology that creates value by making life easier — or, sometimes, simply more interesting. Look around, and you’ll find that we’ve never lost that mindset, it’s just evolved. Nowhere is that clearer than NFT projects with utility, which show how the Web3 internet is helping people and businesses connect.

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Utility NFT Benefits: Bringing Value to Web3

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Ben Plomion

Most of us first learned about NFTs (non-fungible tokens) because of their relation to digital art, but the technology is capable of much more. NFTs that function as utility tokens act as a gateway to the new possibilities afforded by Web3 technology. By embracing utility NFT benefits, brands will be better equipped to engage audiences in any industry, from music to apparel and beyond. Let’s dig into some examples of successful NFT projects and how you can implement their lessons into your project.

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3 Benefits of AI NFTs for Entertainment Brands

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Ben Plomion

Maybe your entertainment brand has already dove into the deep end of NFTs (non-fungible tokens) with a range of artist and community collaborations. Or maybe you weren’t convinced by the early days of NFTs and observed from a distance instead. Either way, the still-young technology has steadily redefined public perceptions of scarcity and value in ways no one expected. But now that it’s integrating with another technology that promises to redefine how we work and play, it may be time for your next (or first) on-chain project. We’re talking about AI (artificial intelligence) NFTs.

A Day in the Life of an NFT

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The Dibbs Team

10:00 AM

Today’s the big day—I’m getting authenticated. An expert will examine my provenance trail, kind of like a background check. I’m not worried, of course, but it’s always nice to be validated by companies like PSA/ Beckett, Analogr, and CGC/WATA.

The word 'NFT' is printed on a piece of paper in a bold font. It sits in a green typewriter

The 10 Types of NFT Utility

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Ben Plomion

NFTs (non-fungible tokens) have become a foundational part of the internet’s Web3 future in the few short years since they burst onto the scene. While some still see them as fancy jpegs (or, more accurately, pngs), the truth is that NFTs are much more than digital pictures. With NFT utility, brands can offer unique ways to engage audiences, ranging from proof of ownership of physical goods to access passes for major events. By the time you’re finished with this article, you’ll understand the major types of NFT utility as they exist today.

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5 Music NFT Companies Bringing Art & Culture to the Metaverse

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Ben Plomion

Music NFTs are changing the dynamic between fans and artists, giving both parties new ways to engage online. The new dynamic is made possible by music NFT companies, who are fueling the transition with innovative new types of tokens that can be bought, sold, and traded online. Music NFTs allow fans to own portions of a song’s royalties, iconic memorabilia, or even access to digital concerts. Here are the companies making the biggest impact.

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NFTs for Music Artists: What Modern Musicians Need to Know

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Jonathan Barbone

In 2021, just a few years since anyone had first heard of them, the market of music NFTs was valued at $1.24 billion — and it’s forecasted to grow to $42 billion by 2032. Blockchain technology has granted musicians a new way to monetize their craft, and this guide will show you how to be part of it. You’ll learn what NFTs for musicians are, why your business goals should include NFTs, and how you can grow new revenue streams with digital assets.

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The 5 Best NFT Marketplaces for Buyers, Sellers, and Collectors

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Ben Plomion

More people are minting unique NFTs than ever before, offering potential buyers and sellers plenty of online storefronts to choose from when purchasing unique digital tokens. In fact, there may be too many to choose from if you’re on the business side and just trying to find the right platform to bring your assets to the blockchain.

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Where to Sell Music NFTs

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Jonathan Barbone

Web3 presents an exciting new opportunity for musicians to expand their reach beyond conventional channels and take control of their revenue. By minting NFTs on the blockchain, bands and performers can create unique digital items for collectors to own or sell, earning revenue with each transaction.

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How to Tokenize Music

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Ben Plomion

The same modern streaming platforms that make digital distribution possible also pay fractions of a penny with each play. Thankfully, artists are finding new ways to engage directly with fans by selling exclusive tracks, assets, and collectibles. There’s just one problem — understanding how to tokenize music without falling into the same pitfalls that plagued the old ways of digital distribution (or discovering all-new ones). Thankfully, the process is far less complicated than even the biggest names in music might realize.