{"id":34843,"date":"2022-03-18T09:42:27","date_gmt":"2022-03-18T09:42:27","guid":{"rendered":"https:\/\/www.unifiedmanufacturing.com\/blog\/?p=34843"},"modified":"2024-07-12T02:47:49","modified_gmt":"2024-07-12T02:47:49","slug":"all-about-nft-albums","status":"publish","type":"post","link":"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/","title":{"rendered":"NFT Albums\u2014pros and cons and the artists that released them"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The rise of <\/span><b>NFT albums<\/b><span style=\"font-weight: 400;\"> marks a groundbreaking intersection of music, technology, and digital ownership in the modern music industry landscape.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An <\/span><b>NFT album<\/b><span style=\"font-weight: 400;\"> represents a revolutionary concept where music meets blockchain technology, allowing artists to release music as unique, non-fungible tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, we will explore the pros and cons of NFT albums, examining how they offer artists new avenues for creativity, fan engagement, and revenue generation, while also raising questions about accessibility, environmental impact, and the future of music distribution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We&#8217;ll also highlight pioneering artists who have embraced this innovative approach to music release, reshaping the way we perceive ownership and value in the digital age<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Welcome to the 21st century, where music is being sold and consumed in a million different ways.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a09e711c980e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a09e711c980e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#but-first%e2%80%a6what-is-nft\" >But first&#8230;what is NFT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#how-can-you-earn-via-nft\" >How Can You Earn via NFT?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#musicians-who-released-albums-as-nft\" >Musicians Who Released Albums as NFT<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#1-3lau-%e2%80%93-ultraviolet\" >#1 3LAU &#8211; ULTRAVIOLET<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#2-kings-of-leon-%e2%80%93-when-you-see-yourself\" >#2 KINGS OF LEON &#8211; WHEN YOU SEE YOURSELF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#3-don-diablo-%e2%80%93-destination-hexagonia\" >#3 DON DIABLO &#8211; DESTINATION HEXAGONIA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#4-jacques-greene-%e2%80%93-promises\" >#4 JACQUES GREENE &#8211; PROMISES<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#5-tory-lanez-%e2%80%93-playboy\" >#5 TORY LANEZ &#8211; PLAYBOY<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#pros-of-nfts\" >Pros of NFTs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#ownership\" >Ownership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#unique\" >Unique<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#indisputable\" >Indisputable<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#cons-of-nfts\" >Cons of NFTs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#speculative-market\" >Speculative Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#copyable\" >Copyable<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#environmental-impact\" >Environmental Impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/#not-theftproof\" >Not Theftproof<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"but-first%e2%80%a6what-is-nft\"><\/span><strong>But first&#8230;what is NFT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34917\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/What-is-NFT.gif\" alt=\"what is nft? NFT album\" width=\"600\" height=\"600\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It stands for Non-Fungible Token.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That doesn\u2019t make it any clearer, does it?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before I dive right into NFT let\u2019s understand the meaning of the term fungible. Fungible is an adjective law term that means the ability to be replaced by another identical item.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s take for example<a href=\"https:\/\/bitcoin.org\/en\/\"> bitcoins<\/a>. A bitcoin is a fungible token because when you trade one bitcoin for another, you\u2019ll be having the exact same value.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following that logic, NFT which stands for NON-fungible token, emphasis on the \u2018non\u2019 there, means that when you trade one of these, you won\u2019t be getting the same thing. This means that NFTs are unique and irreplaceable.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"how-can-you-earn-via-nft\"><\/span><b>How Can You Earn via NFT?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34918\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/How-Can-You-Earn-via-NFT.png\" alt=\"NFT album\" width=\"600\" height=\"400\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/How-Can-You-Earn-via-NFT.png 740w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/How-Can-You-Earn-via-NFT-300x200.png 300w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/How-Can-You-Earn-via-NFT-600x400.png 600w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">NFTs are unique and irreplaceable, making them a limited edition token or item. If you are wondering how you can earn from these irreplaceable tokens as a musician, the answer is to sell your merch and music as NFTs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It can be anything and everything you want to sell to your fans. You can sell your album as NFTs. Autographs, photos, even handwritten copies of your songs\u2019 lyrics can be tokens you can sell.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The advantage for most fans who will buy these tokens as NFTs is that they own it. They\u2019re not only buying access to the token you sell, they are buying the authenticity and ownership.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34919\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/triptcip-1.jpg\" alt=\"music NFT album\" width=\"600\" height=\"285\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/triptcip-1.jpg 800w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/triptcip-1-300x143.jpg 300w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/triptcip-1-768x365.jpg 768w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The advantage for musicians like you is that they buy it directly from you. Doing business with NFTs bypasses the all too familiar third-party contract you have with a record label. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that there will be no cut or sharing, all of the revenue directly goes to the musician.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s become the talk of the town for almost two years now. If you think that you\u2019re too late, then I assure you, you\u2019re not. But you gotta jump onto the wagon now, there\u2019s already a growing list of musicians who are in it now. I promise you, you wouldn\u2019t want to be late.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"musicians-who-released-albums-as-nft\"><\/span><b>Musicians Who Released Albums as NFT<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1-3lau-%e2%80%93-ultraviolet\"><\/span><b>#1 3LAU &#8211; ULTRAVIOLET<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34850\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/3LAU-Ultraviolet-NFT-album-1024x831.jpg\" alt=\"3LAU NFT album\" width=\"600\" height=\"487\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/3LAU-Ultraviolet-NFT-album-1024x831.jpg 1024w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/3LAU-Ultraviolet-NFT-album-300x243.jpg 300w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/3LAU-Ultraviolet-NFT-album-768x623.jpg 768w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/3LAU-Ultraviolet-NFT-album.jpg 1188w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Justin Blau, also known as 3LAU is one of the pioneer adopters of the music NFTs. He apparently sold his first NFTs in the fall of 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In February of last year, the musician reported a net revenue of $11.7 million dollars from a three-day course auction of his <\/span><i><span style=\"font-weight: 400;\">Ultraviolet<\/span><\/i><span style=\"font-weight: 400;\"> collection of 33 different NFTs. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the sale, he announced last August, he moved to forge the <\/span><span style=\"font-weight: 400;\">NFT Music Platform, Royal<\/span><span style=\"font-weight: 400;\">, that enables owners of the token to have royalties for musicians\u2019 songs.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-kings-of-leon-%e2%80%93-when-you-see-yourself\"><\/span><b>#2 KINGS OF LEON &#8211; WHEN YOU SEE YOURSELF<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34846\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Kings-of-Leon-NFT-album-1024x576.png\" alt=\"kings of leon NFT album\" width=\"600\" height=\"338\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Kings-of-Leon-NFT-album-1024x576.png 1024w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Kings-of-Leon-NFT-album-300x169.png 300w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Kings-of-Leon-NFT-album-768x432.png 768w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Kings-of-Leon-NFT-album.png 1500w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">On March 5, 2021 Kings of Leon made their album <\/span><i><span style=\"font-weight: 400;\">When You See Yourself<\/span><\/i><span style=\"font-weight: 400;\"> available the same as their NFTs. The band offered exclusive versions of their album, digital artwork and lifetime concert passes to potential buyers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They used the Yellow Heart platform for selling their NFTs and had generated 820 ethereum (ETH) or $1.45 million at that time. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">After which they donated more than $500,000 to the Live Nation\u2019s Crew Nation Fund, established to give support to road crews affected by the pandemic.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-don-diablo-%e2%80%93-destination-hexagonia\"><\/span><b>#3 DON DIABLO &#8211; DESTINATION HEXAGONIA<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34844\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Don-Diablo-Destination-Hexagonia-NFT-album-1024x576.jpg\" alt=\"don diablo NFT album\" width=\"600\" height=\"338\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Don-Diablo-Destination-Hexagonia-NFT-album-1024x576.jpg 1024w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Don-Diablo-Destination-Hexagonia-NFT-album-300x169.jpg 300w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Don-Diablo-Destination-Hexagonia-NFT-album-768x432.jpg 768w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Don-Diablo-Destination-Hexagonia-NFT-album.jpg 1280w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Jumping earlier into the NFT wagon surely has its benefits. In 2021, Dutch DJ Don Diablo made NFT history when he offered the very first full-length concert film as a token to the highest bidder. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through SuperRare the concert film <\/span><i><span style=\"font-weight: 400;\">Destination Hexagonia<\/span><\/i><span style=\"font-weight: 400;\"> was given to the winning bidder who paid for it with 600 ETH which roughly converts to $1.26 million at that time. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the film, the winner also received a unique<strong><a href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/cardboard-flash-drives\/\"> USB<\/a><\/strong> stick containing its file.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4-jacques-greene-%e2%80%93-promises\"><\/span><b>#4 JACQUES GREENE &#8211; PROMISES<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34845\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM-1024x1024.jpg\" alt=\"jacques greene NFT album\" width=\"600\" height=\"600\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM-1024x1024.jpg 1024w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM-300x300.jpg 300w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM-150x150.jpg 150w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM-768x768.jpg 768w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM-600x600.jpg 600w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Jacques-Greene-NFT-ALBUM.jpg 1200w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Canadian electronic musician, Jacques Greene, auctioned off the publishing rights forever to his brand new single <\/span><i><span style=\"font-weight: 400;\">Promise<\/span><\/i><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before the actual auction a six-second teaser of the tune was released to urge the fans. The track was sold for 13 ETH which was around $23,000 at the time.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5-tory-lanez-%e2%80%93-playboy\"><\/span><b>#5 TORY LANEZ &#8211; PLAYBOY<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34848\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Tory-Lanez-PLAYBOY-VINYL-ALBUM.jpeg\" alt=\"tory lanez NFT album\" width=\"600\" height=\"749\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Tory-Lanez-PLAYBOY-VINYL-ALBUM.jpeg 747w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/Tory-Lanez-PLAYBOY-VINYL-ALBUM-240x300.jpeg 240w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Tory Lanez released his album <\/span><i><span style=\"font-weight: 400;\">Playboy<\/span><\/i><span style=\"font-weight: 400;\"> along with three unreleased tracks as NFTs on March 4, 2021. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It was expected to sell out and it actually did. He apparently earned around half a million dollars in 24 hours after release just out of selling NFTs.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"pros-of-nfts\"><\/span><b>Pros of NFTs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"ownership\"><\/span><b>Ownership<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34920\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/download.jpg\" alt=\"pros of nft\" width=\"600\" height=\"448\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Since NFTs have unique identifications artists are given ownership over their products. NFT has a solid built proof-of-authenticity which makes it a more valuable asset to have. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This ownership increases the interest for such products, therefore, raising the price is possible.<\/span><\/p>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"unique\"><\/span><b>Unique<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34921\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/9c32d46647dc6864821d870e73732f18.gif\" alt=\"pros of nft\" width=\"600\" height=\"338\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Since they are unique they become collectible to the human eye. Remember that unique and rare things tend to catch anyone&#8217;s attention. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">They\u2019re like collectible letter stamps which have a unique image for each. This uniqueness cements their rarity and, thus, increases their value.<\/span><\/p>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"indisputable\"><\/span><b>Indisputable<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/i.pinimg.com\/736x\/b3\/91\/d8\/b391d83602e8387f20933da56cc40f70.jpg\" alt=\"pros of nft\" width=\"559\" height=\"808\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Since NFTs are blockchain-based, they will never be altered, erased, or replaced. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">These three qualities will help prove the origin or authenticity of the token when the time comes.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"cons-of-nfts\"><\/span><b>Cons of NFTs<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Every new technology will always have disadvantages and here are some of NFT\u2019s:<\/span><\/p>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"speculative-market\"><\/span><b>Speculative Market<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34923\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/main-qimg-cea36ac6450cee28451ea7279afe4f7b-pjlq.jpg\" alt=\"Cons of NFTs\" width=\"600\" height=\"536\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Economics is already a hard topic to study, and it\u2019s even harder with predicting economic trends. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are questions of whether NFTs have any true value, are they worth the investment, are they just going to be a passing trend? It\u2019s difficult to say for sure and only time will tell.<\/span><\/p>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"copyable\"><\/span><b>Copyable<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34924\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/busu4s.gif\" alt=\"\" width=\"600\" height=\"592\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The unique imprint of the token will never be compromised, However, the digital assets of the token, like the image or song can be copied. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s much like those who buy the actual <a href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/dvd-packaging-clothing-edtitions\/\"><strong>DVDs<\/strong> <\/a>of a film will have ownership of that certain DVD but the film itself will never not be pirated. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In actuality, what your fans are really buying from you is the authenticity of the product.<\/span><\/p>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"environmental-impact\"><\/span><b>Environmental Impact<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34925\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/write-environmental-impact-assessment-studies.jpg\" alt=\"Cons of NFTs\" width=\"600\" height=\"338\" srcset=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/write-environmental-impact-assessment-studies.jpg 680w, https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/write-environmental-impact-assessment-studies-300x169.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">There have been debates online on whether NFTs are better adapted when we think of the future. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">I tell you, that future is bleak because NFT has environmental costs. To insert entries into a blockchain, NFTs require a lot of computer power. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Energy resources are consumed by computers to make this possible and most of it leaves carbon footprints behind.<\/span><\/p>\n<ul>\n<li aria-level=\"1\">\n<h3><span class=\"ez-toc-section\" id=\"not-theftproof\"><\/span><b>Not Theftproof<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-34926\" src=\"https:\/\/www.unifiedmanufacturing.com\/blog\/wp-content\/uploads\/2022\/03\/stealing-steal.gif\" alt=\"Cons of NFTs\" width=\"600\" height=\"337\" \/><\/p>\n<p><span style=\"font-weight: 400;\">They can be stolen from you. The technology behind NFT is quite secure, however the platforms used for the exchange mostly aren\u2019t. This leaves it vulnerable to cyberthieves.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019ve explained NFT and how you can earn from it. We\u2019ve also listed 5 successful NFT releases done by musicians. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lastly, we gave you both the advantages and disadvantages of it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The question now is, are you going to jump into that wagon? Choose wisely. Good luck.<\/span><\/p>\n<p>_________________________________________________________________<\/p>\n<p><b><i>James Hill<\/i><\/b><i>\u00a0is a veteran of the music industry. He first worked at Warner Reprise Records then later joined Interscope\/ Geffen Records where he managed producers and songwriters and got his first platinum record for Keyshia Cole\u2019s The Way It Is. He is now helping indie artists with branding and manufacturing through his company\u00a0<\/i><a href=\"https:\/\/www.unifiedmanufacturing.com\/\" target=\"_self\" rel=\"noopener noreferrer follow\" data-wpel-link=\"internal\"><span class=\"s1\"><b><i>Unified Manufacturing<\/i><\/b><\/span><\/a><i>, a CD\/DVD,\u00a0<a href=\"https:\/\/www.unifiedmanufacturing.com\/vinyl-pressing\" target=\"_self\" rel=\"noopener noreferrer follow\" data-wpel-link=\"internal\">custom vinyl records<\/a>\u00a0and merch company in LA.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rise of NFT albums marks a groundbreaking intersection of music, technology, and digital ownership in the modern music industry landscape. An NFT album represents a revolutionary concept where music meets blockchain technology, allowing artists to release music as unique, non-fungible tokens. In this article, we will explore the pros and cons of NFT albums, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":34919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,13,3,1,8,21],"tags":[],"class_list":["post-34843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artist-tips","category-music-distribution-news","category-music-industry-news","category-unified-manufacturing-news","category-vinyl-packaging-design","category-vinyl-pressing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.2.1 (Yoast SEO v18.4.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NFT Albums\u2014pros and cons and the artists that released them - UnifiedManufacturing<\/title>\n<meta name=\"description\" content=\"The rise of NFT albums marks a groundbreaking intersection of music, technology, and digital ownership in the modern music industry landscape. An NFT\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.unifiedmanufacturing.com\/blog\/all-about-nft-albums\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NFT Albums\u2014pros and cons and the artists that released them\" \/>\n<meta property=\"og:description\" content=\"The rise of NFT albums marks a groundbreaking intersection of music, technology, and digital ownership in the modern music industry landscape. 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