When classical music meets NFT

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Joined: 20 Jan 2022, 06:40

When classical music meets NFT

2021 is the year of NFT. NFT is used in areas of music, art, sports and game etc., while it’s trading volume is growing. NFT represents ownership of online-only things like digital art, trading cards and the online world, thus Speculators and cryptocurrencies enthusiasts have flocked to buy this new breed of asset.

Speaking of NFT project, The KOLO platform which combined with classical music has to be mentioned. KOLO is a brand new NFT platform which focuses on classical music works and own many legitimate copyrights. KOLO is committed to digitizing the master pieces of classical music works, and providing functions such as NFT creation, trading and auction etc. On KOLO, users could discover value of NFT and maximize it. The platform also provides NFT application scenarios for the future Metaverse.

In addition to, KOLO has created a whole new market for classical music. Unique is released in a 1:1 limited edition based on the works and is sold in a British auction way. Tape NFT is a derivative of Unique NFT, and when the Unique NFT auction ends, Tape NFT will go on sale as a limited edition of 100. The sale is based on a stepped price, the earlier you buy, the lower the price. The starting price for all Tapes is 100 BUSD. The price rise by 10% per 10 units sold! Funds from sales are split proportionally between the corresponding Unique NFT holder and the platform. Users trade directly using the wallet App. KOLO does not hold funds when trading and users have 100% ownership of their cryptocurrency and NFT.

Interestingly, Tape NFT can bind any NFT passes, giving them musical properties such as artwork, Metaverse etc. This is what sets it apart from other musical NFTs in terms of play. In general, KOLO maximizes the role of NFT with its own characteristics and advantages, creates better ecosystem of classical music, and contributes to the prosperity and development of NFT market.

Follow us:

Official website:https://www.kolonft.com/


Telegram: https://t.me/Kolonft

Discord: https://discord.gg/SGkn8mqF
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