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May 19

Is the Music NFT Market Boring?

For a long time, the entire NFT market has experienced low trading volume due to high Gas Fees. The music NFT market is no exception. Currently, the release price for music NFTs has reached 0.005 ETH, while the Gas Fees are much higher than that. Taking the music NFT platform Sound as an example, the platform has introduced several updates. The most significant update is allowing artists to choose between unlimited sales or limited edition sales.Commodity or collectible?These two selling mode...

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