Mighty Creators

Raphael Spannocchi: What are NFTs and how anyone can sell digital assets as NFTs

August 23, 2021 Asim Jalis Season 1 Episode 2
Mighty Creators
Raphael Spannocchi: What are NFTs and how anyone can sell digital assets as NFTs
Show Notes

Raphael Spannocchi talks about NFTs and how anyone can sell digital assets as NFTs.

  • How does copying NFT-minted music and art increases its value instead of decreasing it.
  • How are NFTs different from DRM or right management?
  • How hard is it to take a JPEG or MP3 and mint an NFT for it?
  • How much does minting cost?
  • What are the tradeoffs of different minting platforms? 
  • Platforms: OpenSea.io, Rarible, Hict Nu, Singular, UniFi, Audius.
  • What platforms are able to mint for cents instead of hundreds of dollars?
  • What makes Audius special?
  • What is neat about smart contracts that enable artists to earn commission on every sale?
  • What happens to music platforms when NFT become mainstream?
  • What are mechanisms for splitting NFTs?

Follow me on twitter at https://twitter.com/asimjalis

Links from podcast

  • Numbrs https://www.numbrs.com/en-de/ provides smart wallet app.
  • Singular https://singular.rmrk.app/ enables inexpensive minting of digital assets
  • Hic et Nunc https://www.hicetnunc.xyz/ makes it easy to configure commissions using Smart Contract on NFTs