One of the most popular bands in the world for decades is now preparing to release an NFT. Exclusive interviews with The Beatles' John Lennon, Paul McCartney, George Harrison and Ringo Starr will be auctioned off as NFTs.

This news has changed the way traditional artists use IP to make money.

According to The Voice of Classic Rock (VOCR),This is the first time an interview with an old-school music artist has been sold as an NFT, and the Sound of Classic Rock is minting an associated NFT and hosting the auction。

These four audio interview NFTs, which have not been heard by the public for decades, are now available to the highest bidder.

The four audio interviews are titled John Lennon on 'A Day in the Life', Paul McCartney on Chaos and Creation in the Backyard, George Harrison on 'Abbey Road' and "Ringo Starr on "His Lost Medallion."

The Sound of Classic Rock's archives, which contain material left behind by artists like The Beatles and Led Zeppelin, have been embraced by a wide range of music and NFT enthusiasts.

Jonathan Forsterberg, managing director of VOCR, said: "Our collection of various Beatles interviews is one of our most comprehensive and valuable assets, which is why we're launching NFTs about John, Paul, George and Ringo, the ultimate classic rock stars！”

"While we considered many ways to make this archive available to the public, we chose to start with NFTs because the current market demand for unique NFTs composed of original content seems to be growing rapidly.Also, NFT auctions are a very simple and effective way to post audio interviews。”

He went on to point out that stakeholders believe that NFT will continue to exist as a new medium, and stakeholders are very interested in how this new medium will develop. In particular, examine how the market determines which rights need to be embedded in the NFT itself in order for it to have real intrinsic value.

Each NFT will contain unique artwork and a WAV file of the interview.NFTs will be released via the Ethereum blockchain with a minimum bid of 1.25 ETH per NFT, considering that ETH’s recent price was around $4,000, which is a steep price for the average music lover.

The original text comes from bitcoinist, compiled and organized by Blockchain Knight, the English copyright belongs to the original author, please contact the compiler for Chinese reprint.

The original text comes from bitcoinist, compiled and organized by Blockchain Knight, the English copyright belongs to the original author, please contact the compiler for Chinese reprint.