Biz/Tech/NFTs

Published on August 6th, 2021 | by Jameelah "Just Jay" Wilkerson

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The World’s First Global Market Place Drops its First NFT Sold Out Within a Week

LONDON, July 5 (Reuters), 2021 – The market for non-fungible tokens (NFTs) surged to new highs in the second quarter, with $2.5 billion in sales so far this year, up from just $13.7 million in the first half of 2020, marketplace data showed.

The NFT Records, the first Global NFT Market place for Artists, Labels and Fans, launched in 26th of July, now has taken a dive into one of the most anticipated digital innovation sine 1990s when internet became a global commercial network.

Shuto Yamamoto from Avex technologies, one of the largest entertainment company in the industry comments for this article that the one path that A-trust/Avex is being able to pursue because of the block chain,NFT technology, is the creation of a true fan economy and the Metaverse hat engraves history and relationships.

“A trust” the NFT business platform within Avex technologies that has been developed by ATS that uses blockchain technology to grant certificates to digital content and prove its authenticity has been accepted to as provide safe and smooth purchases of genuine limited-edition digital products on the worlds first NFT market place, The NFT Records.

Hidenori “HIDE” Kamina, the CEO of The NFT Records shares, The NFT Records will grow to provide the best environment for all artists, labels and fans.

The NFT Recordsʼ first NFT on its market place “GFRIEND NFT” by A girls group consisting of 6 members who made their debut in Korea in 2015 has captured the audience globally. The platformʼs first NFT includes GFRIEND’s blockbuster singles and album works released in Japan and sold out most of the launched NFT in a heartbeat.

We have a lot of projects that are currently in progress. All of them are designed to please the fans.

For example, a new song by an artist, a new recording of a hit song, a product that combines music, music videos, rare movies and photos, a charity project, etc.

The possibilities for NFT are endless, depending on the imagination and creativity. Hidenori “HIDE” Kamina adds to his comment.

Variety in NFTs and its possibility

While NFTs are currently commonly seen in the filed of art, culture and music, it is no doubt the market will broaden its reach through out all different industries.

The NFT Records as well as Avex technologies being launched from Japan, paying attention to how different countries perceive the platform could provide insights whether youʼre investor or “fan” of the digital token.This could be said for a field such as “Takaraziennes,” the performers at the Takarazuka Revue.

With NFTs, I would like to be able to manage digital art version of the art performance by Takaraziennes comments Masahiro Watanabe, an entrepreneur who is now looking to provide its own unique services for fans and Japansʼ renown musical theater troupe based in Takarazuka, specializes in Broadway-like musicals with emphasis on song and dance.

The plays feature male and female characters, despite all actors being female. Japanese fans of the troupe are almost exclusively female, and stars are treated like Hollywood celebrities.

Masahiro Watanabe adds to his comment. Even if it is a “private” fan club, all kinds of support are provided and taken care of by fans, such as ticket agency for members, pick-up and drop-off of cars, payment of meals, and holding of fan events.

At Siennes Butler, one of our goals is to assist fans to experience variety of events and services with the starts, Takarasiennes. One of the unique event related services here in Japan is what people call a personal butler hiring experience where people can temporarily hire a butler as to enjoy the festivity in the occasion of birthday parties or other celebratory purposes. With the rise of needs within such cultural niche event, incorporating such aspects for fan to be able to communicate directly with celebrities by having lunch together or asking for advice is something I believe will continue to grow in needs.

Either NFTs or cameo, a fan engagement platform, or Siennes Butler,a broadway-like musical starts engagement platform, one thing is certain. That the we are heading towards the future in a fast pace. All road lead to how fan engagement will improve in the future and although the uncertainty remains, the excitement of how technology and human can co create is indeed a captivating one. Looking ahead for future news in the space of NFTs, Tech, Culture and Entertainment.



About the Author

Publisher and CEO of The Hype Magazine. Follow me on Twitter @HypeJustJay


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