Nft fleetwood mac

To be sure, three members of Fleetwood Mac benefitted from catalog-related windfalls in the same roughly month-long stretch. New York City-headquartered Primary Wave acquired a majority stake in Stevie Nicks’s publishing catalog in December, reportedly paying $100 million.

As a pertinent aside, though, the deal encompasses Primary Wave’s representing Nicks’s catalog “in brand alliance and brand marketing opportunities.” Then, Hipgnosis in early January acquired Lindsey Buckingham’s 161-song catalog and a 50 percent publishing stake in his future works, followed shortly thereafter by BMG’s closing a deal with Mick Fleetwood for his over 300-track recorded catalog.

As initially mentioned, Nathan Apodaca is preparing to sell the 23-second-long TikTok video that launched him to commercial prominence.

Nft fleetwood mac

However, the viral video sensation told TMZ that the clip will come without the Fleetwood Mac music included, as he does not the rights to that iconic track.

Bidding is set to start Friday Rarible.com – with the opening bid starting at half a million dollars.

While some may be surprised that tech aficionados may splash six figures on a digital asset, NFTs can sell for astonishing sums.

NFTs are similar to cryptocurrencies like Bitcoin in that they live on blockchain networks – a decentralized, distributed ledger that records transactions of digital assets.

NFTs have boomed in popularity amid the COVID-19 pandemic, as many people stay home and spend more time on their computers.

Art collector Pablo Rodriguez-Fraile – who has been selling of NFTs – explained their popularity in a recent interview with Business Insider.

The resulting attention massively clogged up the Ethereum network and spiked gas fees. Since then, the major rise in NFTs platforms and projects began in late 2020.
For crypto enthusiasts looking to diversify from Bitcoin and regular outcoins, NFTs were the answer and interest grew quickly. For example, CryptoPunks platform sold more than $83 million since its launch and in the second half of February saw $45 million in sales.

OK, but what are NFTs?

NFTs are cryptographically unique, blockchain-derived collectibles.
They use the ERC-721 standard for creation, which means that there is a common and verifiable means of checking the authenticity of the item. Digital artwork and music is the most common direction for NFTs, but anything, or rather the rights to just about anything, can be digitized under this standard.

Nft fleetwood mac1

Super group: Apodaca’s representative told TMZ on Friday that their team had offered Nicks – who wrote the Fleetwood Mac (seen in October 2014) hit – 50 percent of the sale but she had turned it down despite his viral moment tripling Fleetwood Mac sales months ago

An NFT is a unique digital asset encrypted with the creator’s signature, which authenticates it as their original work. NFTs created by famous artists and musicians have become coveted collector’s items and have enjoyed an explosion in popularity in recent months.

Apodaca originally announced that he was cashing in on the craze during an interview with TMZ on Wednesday.

The viral sensation boasts a whopping 6.6 million TikTok followers, and one of his most famous videos on the social media site is a 23-second clip which shows him skateboarding down a street to Fleetwood Mac’s iconic song, Dreams.

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Where do you buy them?

At the moment, NFTs are most commonly sold in so-called ‘drops’, timed online sales by blockchain-backed marketplaces like Nifty Gateway, Opensea and Rarible.

Why would I want to own one?

There’s an array of reasons why someone may want to buy a NFT. For some, the reason may be emotional value, because NFTs are seen as collectors items.
For others, they are seen as an investment opportunity similar to cryptocurrencies, because the value could increase.

When were NFTs created?

Writer and podcaster Andrew Steinwold traced the origins of NFTs back to 2012, with the creation of the Colored Coins cryptocurrency. But NFTs didn’t move into the mainstream until five years later, when the blockchain game CryptoKitties began selling virtual cats in 2017.

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Nathan Apodaca, who posted a TikTok clip of him skateboarding to “Dreams” that went viral in 2020, wanted to create an NFT of it.

Apodaca’s representative told TMZ that the now-famous skateboarder and cranberry juice drinker wanted to make an NFT of his viral video. However, the rights to ‘Dreams”, which he listened to in the clip, belong to Warner Music Group.
He needed permission from Fleetwood Mac’s singer Stevie Nicks, who refused to grant it.

Apodaca’s rep claimed that Nicks refused an offered 50/50 split, despite an opening bid of $500,000. The auction will go ahead with the original audio instead of the song.
As BeInCrypto pointed out previously, this means that the winning bidder is essentially purchasing the raw video.

However, the viral video sensation told TMZ that the clip will come without the Fleetwood Mac music included, as he does not the rights to that iconic track.

Bidding is set to start Friday Rarible.com – with the opening bid starting at half a million dollars.

While some may be surprised that tech aficionados may splash six figures on a digital asset, NFTs can sell for astonishing sums.

NFTs are similar to cryptocurrencies like Bitcoin in that they live on blockchain networks – a decentralized, distributed ledger that records transactions of digital assets.

NFTs have boomed in popularity amid the COVID-19 pandemic, as many people stay home and spend more time on their computers.

Art collector Pablo Rodriguez-Fraile – who has been selling of NFTs – explained their popularity in a recent interview with Business Insider.

Por exemplo, em setembro de 2020 a rede social chinesa concluiu uma negociação com a Sony Music Entertainment para que a plataforma pudesse oferecer produções de artistas vinculados à gravadora.

Porém, a partir do momento que um usuário, como Apodaca, pega o arquivo individual de seu vídeo e o coloca a venda como NFT, os direitos autorais da música que ele aplicou no TikTok não se estendem à sua gravação original. Portanto, o token que será leiloado nesta sexta-feira por pelo menos US$ 500 mil não contará com “Dreams”, de Fleetwood Mac.

Pelos mesmos motivos, o logo da marca de suco “Ocean Spray” que ele bebe enquanto anda de skate também será borrado.

Até mesmo tuítes viram NFTs

A febre dos tokens não fungíveis não atingiu somente os mercados de arte digital e da música. Até mesmo tuítes estão sendo transformados em tokens e vendidos.

Unlike Nicks, Ocean Spray was able to duck the headline treatment.

TMZ reports that Apodaca’s team offered Nicks (who is also the songwriter) half of the money from the sale, but she declined. Reps for Apodaca add that he feels slighted that Stevie didn’t acknowledge his “Dreams” video, unlike some of Fleetwood Mac’s other members, despite the band getting a bump in streams and attention after the clip went viral.

It seems worth noting that Nicks made her own TikTok homage, complete with the same Ocean Spray drink, and that Apodaca has nabbed merch and sponsorship deals off the 23-second clip.

Nonetheless, Apodaca believes Nicks’ rejection is proof enough that she doesn’t want to be associated with him or the viral video, but he still intends to sell the NFT despite the auction date being pushed back to March 27. The minimum opening bid remains at $500,000.

NFTs, which stands for Non-Fungible Token, have became hugely popular during the pandemic lockdown.

They are essentially a digital certificate of authenticity attached to a piece of digital content or artwork, and are made out of a unique string of characters.

That string is attached to a blockchain, which use groups of computers to create a shared digital ledger that no one individual computer can change by itself.

Last week Christie’s sold a 5,000 image digital mosaic by artist Beeple for $69 million.

And Canadian musician Grimes, who has a child with Tesla founder Elon Musk, made nearly $6 million by selling her digital artworks as NFTs.

The entrepreneur sparked a bidding was when he said he would sell off a tweet, but changed his mind when it reached $1.1 million.

“Actually, doesn’t feel quite right selling this.

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