Independent Rap Hip-Hop Music NFTs: From a Corporate Perspective

NFTs Represent Value of an Artist

Non-Fungible Tokens (NFT’s) are verifiable assets, that’s royalty attachment suggest a current value on a product’s entity (like a dividend). I’m suggesting that if an independent rap or hip-hop artist puts out a song NFT, the value of that NFT might increase based on their current evaluations.

A music artists NFT could be like a stock of the artist to the current NFT holder. And there’s so much strategy to holding and selling stocks.

I had looked at music artists beginning to get their names out, or trying to, and I would bet that the artist would or would not prosper. It’s speculation, I know. Yet speculation that is often coupled with the actuality of marketing mechanisms from an artist’s management force (which is sometimes themselves), can fuel the value of an artist’s NFTs.

ASYNC for Music Artists

Artists interested in selling NFT’s should consider developing their mints through ASYNC.art. ASYNC enables music artist to upload components of their music as “stems". Creating a music NFT on ASYNC supports eight stems that the minter can upload. The best part of ASYNC, for music artists is the opportunity to gain royalties, per stem, from the transfer of the stem component to another party.

For regular song NFT, for instance sold on Rarible or Open Sea, royalties are limited to the cost of ownership transfer purchase price. Ofcourse, non-fungible tokens (NFTs), earn royalties every time it’s transferred at a price. Consider the exponential opportunity that ASYNC provides; dividing one royalty-potential product (music NFT) into eight royalty-potential products (music NFT with eight components that can be bought and traded). So, if an independent (or not) music artist has the song recording stem files, they might want to consider minting and selling on ASYNC.

Example of Interest Bought in a Rapper & Collective Bargaining

One of the greatest rise and fall stories in Hip-Hop has been Tekashi 6ix 9ine. The rapper’s charisma alone drew worldwide attention, his premiere singles were very catchy, and his publicity coupled with public and social media antics garnered millions of dollars for the artist and his label. I knew he was good at pulling in the media, and with some solid songs out the gate, he would have success for years.

If only I could have bought equity in Tekashi 6ix 9ine, I could have cashed in on my accurate insights, by selling at his peak or before he’d take his fall. I could buy a rapper’s non-fungible token (NFT), and it could get value like a baseball card of an Major League Baseball MLB player. Rappers are able to offer a lot more with their NFTs than the music itself, yet this article is of a more narrow scope to bring awareness to purchasable interests in music artists.

I had come up with the concept of buying interest in music artists for over five years. Awareness brought to, public awareness through that time, NFTs make that possible. It’s for artists and the consumer to realize that too.

I also think rap industry artists could benefit from having a union. Unions represent citizens legal liberty to engage in collective bargaining with an employer. Collective bargaining is the act of employees collectively, petitioning an employer for benefits, wages, or other accomodations (collective bargaining is a federal liberty for US workers). Each state might have variants of collective bargaining laws or statutes, so rap groups can leverage collective bargaining to get better pays for their work, from their labels/companies, in local courts.

Conclusion
It’s long been a faux pas of record labels shorting artists for their royalties. Countless cases, including, Eminem, Dr. Dre, Megan the Stallion, and more, have sued their labels over their dues. With NFTs, ownership through minting places that evidence on the Blockchain, while royalties can be placed directly in the artists' crypto wallet. NFTs for independent rappers are promotional tools, intellectual property security, and a way to distinguish themselves from the flooding of material on the traditional internet.

In regards to intellectual property, I will mention that all H. Master Ice NFTs are legally authorized (licensed) by any contributor to it’s material. So no bootleg NFTs are coming from TwoSq Media’s, H. Master Ice.

Check out H. Master Ice latest NFTs for sale on: https://opensea.io/collection/hmasterice

H. Master Ice is a rapper from the Americas. He has performed with artists worldwide and writes, records, and performs his own music. Read more about H. Master Ice.