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NFT music marketplace AmplifyX has announced what it describes as the first ever pop-up NFT music gallery. The gallery features artists from the US city of Detroit and is being held at the Nicole Tamer Art Gallery in the iconic David Whitney Building in downtown Detroit. The NFT music gallery is being branded as the “Detroit Culture Club”.
Non-fungible tokens (NFTs) are garnering huge interest from the creative industries and elsewhere as they provide a way to assign ownership to digital products and open up new revenue streams. NFTs are one of the hottest areas of crypto right now. If you want to get into NFTs and learn how to buy cryptocurrency then check out our guide.
AmplifyX, built on the Tezos blockchain, was founded by music-lovers across the technology, entertainment, and financial industries to leverage their expertise to build blockchain-powered tools for creators. It aims to empower creators by providing the a suite of resources to make it easier to finance and monetize their work in Web 3.0 environments (decentralized networks) by leveraging NFT utility.
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The NFT music gallery will be open to the public the evening of Wednesday, September 29 from 6:00 PM – 9:00 PM EDT. Artists featured in the exhibit will include: Rocky Badd, Jay Vinchi, Tiny Jag, Kid Vishis, Craig Blackmore, Cadillac Musik, Joe Apollo, Lyric Le’son, Botez, TAMAE, Mattie Armstrong, and Andrew Blake. To register and for more information, click here.
“Over the last few months, most people have heard a lot about NFTs—but few people actually own them. At AmplifyX, we are trying to change that. One of our goals is to make buying an NFT as easy as buying a t-shirt online.” says Adam Cowherd CEO of AmplifyX
AmplifyX unlocks access to unreleased songs, audiovisual works, and exclusive experiences — as it looks to make NFTs “the passport to the digital age”.
If you are new to NFTs and crypto and looking for alternatives to bitcoin, then read our guide.
AmplifyX’s NFT marketplace on Tezos (XTZ) is a win for artists and fans
By building on Tezos, AmplifyX is creating a cultural marketplace where artists get paid and fans can own a piece of history.
Gallery attendees will be able to purchase NFTs using credit card payment options with staff on-hand to assist.
Tezos is one of the original Proof of Stake layer one blockchain networks and claims to be among the most sustainable and environmentally-friendly blockchains. Tezos has been able to attract projects and brands such as Red Bull Racing Honda, McLaren Racing, OneOf, Ubisoft, Interpop and Hic-Et-Nunc.
Tezos is constantly innovating and upgrading because of its unique on-chain governance that builds in a regular update timetable for protocol improvements. Improvement proposals are voted on, adopted, and deployed — all without the need to rely on hard forks.
To date, Tezos has rolled out seven major network upgrades and in the process reduced gas fees by 70%.
An eighth upgrade is imminent aimed, among other things, at further improving token standards and transaction speeds.
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