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Victoria Chynoweth Profile picture
@Victoriawrites2
Sep 28, 2022 • 7 tweets • 5 min read • Read on X
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EVERYTHING YOU NEED TO KNOW ABOUT MUSIC NFTs

#MusicNFTs are one of the fastest-growing ecosystems in the NFT market, and this is just the beginning.

A thread 🧵👇
WHAT ARE THE #MusicNFTs?

Why not buy the song on Itunes? The response to that query is identical to that of purchasing JPEGs, which anyone can right-click and save.

Ownership of assets that can be proven to be unique and original is valuable to markets or people.

1/5🧵
ONLY A SOUND?

When it comes to what an NFT is in music, #MusicNFTs can handle a variety of formats in a variety of ways depending on how it is accessible.

For instance, an audio NFT might contain:

➡️PDF file
➡️Displays song lyrics or
➡️Message from an artist

2/5🧵
BIG ARTISTS ATTRACTING PEOPLE ON #MusicNFTs

Despite there being music nfts that don't have a great artist behind many others if they do, here are some big names that have created Music NFTs:

- Snoop Dog
- Eminem
- Steve Aoki

3/5🧵
VOLUME OF #MusicNFTs

While the average Total Volume of the Music NFTs collections is between 20ETH - 200ETH there are some collections such as WVRPS by Warpsound that have a volume of 6.1k ETH.

More than a lot of (No music) NFT collections.

4/5🧵
A BIG MARKET BEHIND

The annual revenue of the global recorded music industry is $25.9 billion as of 2021.

Roughly 7.11 billion people listen to music

The adoption is slowly coming, and that means that the #NFTs market will absorb part of the traditional world of music.

5/5🧵
As we can see the Music NFTs have come to stay and will most likely revolutionize the future of music.

If this thread has been useful to you, please rt and like 🔄❤

#NFTs #MusicNFT #MusicNFTs

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More from @Victoriawrites2

Victoria Chynoweth Profile picture
Feb 28, 2023
Fantom is the FINAL Layer 1 blockchain

Here's why🧵👇 Image
At its core, Fantom is a high-performance, scalable, and secure blockchain platform designed to power decentralized applications (dApps).

It uses a unique consensus mechanism called Lachesis that enables fast and efficient transaction processing.

1/8🧵
Unlike other blockchain platforms that rely on traditional consensus mechanisms such as Proof-of-Work (PoW) or Proof-of-Stake (PoS), Fantom's Lachesis consensus mechanism is based on Directed Acyclic Graph (DAG) technology.

2/8🧵
Read 9 tweets
Victoria Chynoweth Profile picture
Dec 20, 2022
THE $FTM VS $ROSE ULTIMATE THREAD

A Thread🧵👇
$ROSE and $FTM are decentralized platforms that enable the creation and execution of smart contracts and DApps.

This Thread will compare the two platforms and explore a range of aspects that can help to determine which platform might be the best.

1/14🧵
One key difference between $ROSE and $FTM is the underlying technology that they use.

$ROSE is built on a hybrid consensus model that combines proof-of-stake and random beacon, while

$FTM is built on the "Lachesis Protocol," which is based on a DAG data structure.

2/14🧵
Read 16 tweets
Victoria Chynoweth Profile picture
Oct 18, 2022
Do you want to be a cryptocurrency expert? Here you have 8 of the best tools to become an expert!

A thread🧵👇
1. Fear and Greed Index

This website can tell you if the market is fearful or greedy.

Indispensable to understand the market sentiment

Link➡️lookintobitcoin.com/en/charts/bitc…
2.Poocoin

The best page to view the chart and data of the BSC, Polygon, and KuChain cryptocurrencies.

Link➡️poocoin.app
Read 10 tweets
Victoria Chynoweth Profile picture
Oct 17, 2022
EVERYTHING YOU NEED TO KNOW ABOUT $TREEB

The cryptocurrency that with its innovative payment technology built in fantom could take the place of Visa and Mastercard

A thread 🧵👇 Image
WHAT IS $TREEB?

Retreeb is a blockchain-based fintech company working on a decentralized, simple, and long-term mobile payment method.

With an open, permissionless, and free payment service that is supported by a stablecoins network and Fantom's infrastructure.

1/7🧵 Image
HOW DOES $TREEB WORK?

The retreeb is able to free itself and traders from interbank fees by eliminating the intermediary, which is banks.
Retreeb charges merchant fees 0.9%-1.5% for each payment made on the network, which are lower than market rates.

2/7🧵 Image
Read 9 tweets
Victoria Chynoweth Profile picture
Oct 3, 2022
EVERYTHING YOU NEED TO KNOW ABOUT WHAT IS HAPPENING WITH #CreditSuisse

We could be facing one of the biggest economic crisis in recent decades, and the catalyst is Credit Suisse.

A thread👇🧵
SHARES PRICE #CreditSuisse 📉

Its shares $CSGN & $CS have dropped 57% this year, setting a new low. Its shares on the New York Stock Exchange fell 4% in early trading.

$CSGN Market Cap: 10.44B
$CS Market Cap: 10.3B

1/6🧵
WHAT IS A CREDIT DEFAULT SWAP?

A credit default swap (CDS) is a financial swap agreement in which the seller agrees to compensate the buyer in the event of a debt default or other credit event.

2/6🧵

#Creditsuisse
Read 8 tweets
Victoria Chynoweth Profile picture
Sep 29, 2022
EVERYTHING YOU NEED TO KNOW ABOUT $QNT

One of the tokens with the fastest recovery since the Bitcoin drop, rising more than 230% in the last months.

A thread 🧵👇 Image
WHAT IS $QNT?

It's an ERC-20 token fully compatible with all blockchains and protocols to easily integrate into MApps, DApps, and smart contracts.

It is a P2P protocol that uses smart contracts to enable people to create, manage, and trade their tokens on the network.

1/8🧵 Image
HOW DOES QUANT ( $QNT) WORK?

The communication, interoperability, and scale hurdles frequently seen on blockchains were intended to be eliminated with the Quant protocol.

Layers are matched to tasks as follows:

➡️Transaction
➡️Messaging
➡️Filtering and Ordering

2/8🧵 Image
Read 10 tweets

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