Is anyone still paying attention to NFTs?
Jay Chou's music NFT has a premium of 340%! Practical rights are reshaping the industry, with VR recording studios + DAO governance becoming a new trend.
By the end of 2025, the NFT "Sound of Illusion" launched on the Mytrol platform, associated with
#周杰伦 , will ignite the market, including unreleased demos and creative manuscripts, selling out digital assets in 72 hours, with a secondary market premium reaching 340%. The
#NFT adopts the
#ERC1155 protocol to design three layers of rights: the basic layer unlocks the VR virtual recording studio experience, the advanced layer allows for one-on-one creative dialogue with Jay Chou, and the ultimate layer grants a seat on the new album production committee (only 100 seats globally). This marks a shift of NFTs from mere collectibles to "practical rights carriers." Currently, the share of practical music NFTs has soared to 67%, with Coldplay, Hatsune Miku, and others following suit, incorporating royalties and concert privileges into smart contracts. Data shows that by 2025, the global music NFT market is expected to exceed 9 billion dollars.
Which practical rights are you willing to pay for? Let's discuss your ideal NFT rights design in the comments below 👇