Share this article
Musician Sells NFT Token Bringing Royalty Rights for $26K in Crypto
Music streaming platform Rocki has announced its first NFT sale as it prepares for beta launch.
Updated Sep 14, 2021, 10:44 a.m. Published Dec 17, 2020, 11:25 a.m.
Blockchain platform Rocki has announced its first auction of a non-fungible token (NFT) bringing the buyer rights to royalty income from music – one that raised over $26,000 for the artist.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Announced Thursday, Israeli-born and Malta-based progressive house musician Guy J sold the income rights a track dubbed “Cotton Eyes” on the Rocki platform through the sale of an ERC-721 standard NFT.
- The token was auctioned using decentralized auction protocol Bounce.finance and sold for 40 ether.
- As the name suggests, non-fungible tokens are those which, unlike cryptocurrencies, can be given unique characteristics.
- Another token Rocki will issue – an ERC-1155 standard NFT – will bring purchasers “exclusive listening privileges.”
- Rocki CEO and co-founder Bjorn Niclas said there have been more than 30,000 tracks uploaded by thousands of independent artists as the platform prepares to launch in beta.
- The company further said streaming platforms like Spotify typically give independent artists “only pocket change for their work.”
- As such, Rocki is well-positioned to become “the preferred streaming service for all genres of independent artists,” according to the announcement.
See also: Lil Yachty Collectible Fetches $16K in Latest String of High-Profile NFT Auctions
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
XRP higher after early dip as buyers step in near $1.80
Institutional interest in Ripple-linked assets remains strong, though overall market participation is limited.
What to know:
- XRP rose 4.26% to $1.85, recovering from early losses despite low trading volume.
- VivoPower's partnership to acquire Ripple Labs equity indirectly boosted sentiment toward XRP.
- Institutional interest in Ripple-linked assets remains strong, though overall market participation is limited.
Top Stories
