The latest music nft drop is courtesy of AnotherBlock's platform and producer Deputy
Similarly than AnotherBlock's other drops, a small percentage of the song divested by a producer with points on the record, in this case, Deputy, is sold off in exchange for a share of future streaming royalties.
The History Behind Bitch Better Have My Money
"Bitch Better Have My Money" is a song by Barbadian singer and songwriter Rihanna, released in 2015 as a single from her eighth studio album, Anti. The song was written by Rihanna, Bibi Bourelly, and Kanye West and produced by Deputy and West.
"Bitch Better Have My Money" generally received positive reviews upon its release, with critics praising its catchy hook and Rihanna's confident performance. The song was a commercial success and has earned its place among fans of Rihanna and Kanye, reaching the top 10 in several countries and earning a platinum certification in the United States.
The song's music video, which was released in July 2015, received widespread attention for its graphic and violent content. The video, which was directed by Rihanna and Megaforce, depicts the singer seeking revenge on a wealthy woman who has stolen her money. The video sparked controversy and was eventually removed from YouTube due to its violent themes. Despite the controversy, the video has been praised for its cinematography and Rihanna's acting performance.
About Fractional Royalty Music NFTs
Fractionalized royalty music NFTs (also known as fractionalized ownership NFTs) are a type of non-fungible token that represents a share in the royalties generated by a piece of intellectual property, such as a song, album, or film. These NFTs allow investors to own a fraction of the royalties generated by intellectual property rather than the physical asset itself.
In this case, a musician may release an NFT representing a share of the royalties generated by their upcoming album. Investors who purchase the music NFT will receive a share of the royalties generated by the underlying track based on the percentage of the NFT they own. This process allows investors to own a piece of a musician's work without purchasing the physical album.
Fractionalized royalty NFTs can be a useful way for musicians and other creators to raise funding for their projects and for investors to earn passive income from the royalties generated by the intellectual property. These NFTs have gained popularity in recent years as the use of blockchain technology in the music industry has increased.