Nas will release NFTs that let users own the streaming rights for the songs “Ultra Black” and “Rare”, and thereby own the royalties for the songs. The NFTs are named “Limited Digital Assets (LDA’s), and the users who buy them will receive a percentage of the royalties, depending on what token they own.
“Teaming up with @join_royal to bring music ownership access to the world. Stay tuned for my first drop on 1/11 where you can own a part of my songs “Rare” and “Ultra Black” by investing in limited digital assets. Sign up now at https://royal.io/nas “– Nas
Nas is no stranger to the crypto world, since the legendary MC was an early believer and invester in Coinbase, back in 2013.