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FANSI will launch an innovative music NFT experience based on ERC6551 technology, leading the music industry into a new era.

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The development and emergence of ERC6551 technology will usher in new industrial gameplay for music NFTs.
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FANSI, as a music NFT platform dedicated to incubating Web2 and Web3 music artists, announced the launch of a new music NFT experience, and adopted the concept of decentralized streaming service based on the latest ERC6551 technology. This move will bring revolutionary changes to the music industry, while enriching users' experience and gameplay of music NFTs.


As a forward-looking platform, FANSI has always been committed to providing innovative distribution and promotion methods for music artists. By adopting solutions based on ERC6551 technology and further utilizing music NFTs as the underlying carrier, musicians' collections, assetization, and interactive applications in Web3 are integrated into ERC6551, gradually realizing the possibility of the music industry truly entering DID, making music NFTs a stackable on-chain asset and a chain-based identity proof that can be accumulated.


The technology of ERC6551 aims to turn each NFT into a smart contract wallet, enabling it to hold tokens and interact with dApps in the Ethereum ecosystem. In addition, it can also turn music NFTs into the concept of playlists and albums. FANSI will leverage the advantages of ERC6551 and combine it with existing MetaBoom NFTs to provide richer functionality and experience for the music NFT industry and holders.


The ERC6551 music NFT experience launched this time will further improve MetaBoom NFT, which originally had Web3 music playlist function. In addition to enjoying music NFT in the form of a playlist, users can also realize true multi-asset ownership through the ERC6551 function, making MetaBoom a concept of Web3 music album, greatly increasing its tradable value and improving its liquidity. We can imagine that in the future Web3 music application scenarios, everyone will be able to accumulate value on music albums made with ERC6551 through on-chain interaction and historical records.


For example, the ERC6551 music album released by musician A was collected by a BAYC whale and transferred a small amount of Ape coin to empower it. Therefore, the value of this ERC6551 music album owned by the BAYC whale will be far greater than the value of A musician's initial release. Also, due to the continuous contribution made by this whale to ERC6551, the album in his hands has a higher degree of uniqueness and effectively dilutes the impact of price fluctuations in the secondary market, strengthening the value accumulation of NFTs and the motivation for users to hold them.


Visually, FANSI has launched a new scene, hoping to present ERC6551 technology in the style of "record selection" and "play panel". This will be a unique ERC6551 NFT form and will support all music NFT holders on Polygon. FANSI hopes to first give back this technology to supporters of Web3 music, who will have the opportunity to mint their own jukebox NFTs for free, further enriching their music NFT collections. The development and emergence of ERC6551 technology will open up new industrial gameplay for the music NFT field, and all of the above are FANSI's initial ideas for ERC6551 technology. We look forward to more new uses for ERC6551 in the future to benefit FANSI's many users.


Finally, FANSI has also announced some exciting bonus feedback activities recently to thank and reward its users and supporters. Please stay tuned to the official FANSI website and social media for detailed information and participation methods about the activities. Don't miss this great opportunity to share a unique music experience with music lovers around the world!


This article is from a submission and does not represent the views of BlockBeats.


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