Submitted by soboi12345 t3_11ad2dh in technology
Intelligent-Prune-33 t1_j9tbxai wrote
Reply to comment by 4Wf2n5 in Spotify is testing playlists that could be unlocked by NFT holders by soboi12345
You can take it and sell the nft to a 3rd person.
It’s like a digital album, you can sell it back or to a random store or something.
More interesting, the nft can represent a contract with a cut of each subsequent sale going to the original artist.
And if you treat it as a certificate of ownership and authenticity then you can verify what you’re buying before you ever buy it. Because every transaction is recorded in the blockchain. So, you’re not going to wind up with a random Spanish language version of Cleopatra instead.
Another potential us case bejng for ticket sales; the tickmaster shit couldn’t happen with that (and the nft could be treated as a collectible after. The same way as stubs are.)
There are a lot of utility things you can run (including programs) as well. Right now, it’s people figuring out what can be done. It’s the very bleeding edge and there are grifters. But like everything innovative… it will go main stream.
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