Published NFT™ — What Are NFT Audio Lyrics?
Audio lyrics are written lyrics that go along with voice recordings of the lyrics of songs that you listen to or read. Audio lyrics can be exact word-for-word versions of songs or abridged versions. You can listen to audio lyrics on the Published NFT platform using a smartphone, tablet, computer, home speaker system, or in-car entertainment system.
Audio lyrics will be purchased and downloaded in the same way as digital music and video. They can be purchased from the Published NFT’s blockchain bookstore or a public secondary marketplace like bay.blocto.app or viv3.comon the Flow blockchain.
How Do You Read & Listen to an Audio Lyrics?
Available as NFT IPFS files, audio lyrics can be read or played on a wide variety of consumer electronic devices, including phones, tablets, and computers — any device that supports blockchain dapps..
When you purchase or download audio lyrics from the Published NFT, they usually come in one of the following audio formats:
Most media devices are designed to use any of these file types.
There are many websites and apps that provide access to audiobooks, both free and paid. But there not on the blockchain.
How Will Audio Lyrics Be Sold And Purchased?
Published NFT will set a starting price for the auction and buyers must place bids at or above this price. Reserve prices are made public on Published NFT.
Audio lyrics will be 1 of 1 NFT’s do to the fact that they are lyrics and will be owned by the buyer of the NFT to do with what he/she pleases 100% royalty owned. prier to the release of a audio lyrics NFT, users will have the ability to do with what they please with the lyrics or audio a week before the auction starts. This is for all types of artist around the world to experiment with your music in there own unique way and put together with different genres, versions, covers, mixes, languages etc. In that case there's a chance of your work getting attention or even going viral for something you own the rights to even if its remade in a fully different genre, and this is all before the auction even begins.
Once a auction has began, if a bid is placed within the last 5 minutes of an auction, the countdown will reset back 5 minutes. The addition of 5-minute extensions give time for each buyer to have their final opportunity to place a bid, and for the lyrics to find its true market value. Time extensions can go on indefinitely until no other bids are placed within the last 5minutes of an auction.
If you are the highest bidder, the reserve price has been met, and the countdown timer has expired, then — congratulations! — you won the auction.
History of Audiobooks
Audiobooks can be dated back to the 1930s. They were often used as an educational medium, found in schools and libraries. Before audiobooks were available digitally, talking books, as they were often referred to, were sold in physical form on analog cassette tapes and vinyl records. However, with the invention of the internet, a vast selection of audiobooks were available from many different sources. The difference today is we have the blockchain.
AUTHORS AND ARTISTS
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