In our previous article, we dove into the proper process of NFT creation, and the series of stages the process should go through to achieve successful results. But what is the current state of the NFT market right now? Where are they headed, and when is a great time to start?
We think we are at the forefront of mainstreamization, and in this article, we’ll be expanding on the reasons why, with a pleasant surprise at the very end!
The Market Situation
OpenSea, is a comprehensive all-category NFT trading platform, and throughout its existence has achieved great success in a relatively impressive amount of time. It is home to various series of NFTs ranging from images to music, to videos and even domain names.
Every minute, thousands of dollars worth of ETH is traded back and forth for all sorts of NFTs; some are randomly generated collectibles, some are personalized artwork, some are designed for wallpapers… All in all, it is a diverse and thriving marketplace.
The success of OpenSea has educated the market and allowed more people to participate in the creation and trading of NFTs. As time goes by, minting NFTs is getting much easier. This is attributed to platforms like OpenSea.
Similar to the e-commerce platforms that have dominated the marketplace for over a decade, when an integrated platform matures, the spring of vertical platforms’ development becomes inevitable.
The Age Of Music NFTs
MozikNFT, as a vertical NFT platform specializing in the music field, will slowly approach the mainstream, and carry with it the creation and distribution of music NFTs. Between the ease-of-use and fairness, decentralization and IP protection; MozikNFT lays the groundwork to build and scale the music NFT industry to the upper limits of mainstream adoption.
And it is with that conclusion that we are proud to announce the launching of MozikNFT’s new web app! We invite artists and musicians of all backgrounds and genres to visit this brand new marketplace and create and sell their NFTs on MozikNFT.
Mozik is a decentralized music NFT platform aiming to build a healthier and fairer music ecosystem. Through the decentralized NFT platform, Mozik adopts blockchain technology to register earnings through music copyright, super-star IP, and IP derivatives on-chain. All the participants in the music ecosystem, including creators, publishers, customers, and fans can fairly participate. Through Mozik’s platform, artists will be incentivized to create more and better quality music. With lowered publishing costs and higher engagement from music fans, all participants can share in the rewards, and create a healthier and fairer music ecosystem.