A new frontier for collectibles: Preserving music history in NFTs with Legends of Rock

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A new frontier for collectibles: Preserving music history in NFTs with Legends of Rock
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  • 📰 Cointelegraph
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Find out how NFTs can reshape the music collectibles industry in the latest Cointelegraph AMA with Legends of Rock (legendsofrockio). More below. [AD]

The sports memorabilia marketin 2022 and is expected to hit $227.2 billion in 10 years. The collectibles include sports trading cards, video clips of popular moments in the history of sports, autographs, accessories, and many other things that can be in both physical and digital formats. The same can be said for music memorabilia with rare vintage photos that already exist, sometimes only in unknown archives that are hard to access.

It was a total surprise for Klaus Moeller, CEO of Globe Entertainment and Media, to find some 8 million vintage, never-before-seen photos of the biggest rock stars — Queen, Deep Purple, Elvis Presley, The Beatles, Frank Zappa, The Police, Bruce Springsteen, Nirvana, The Who and many more. The pictures were taken on stage and during other official moments, but also backstage in a more relaxed atmosphere.

Along with the physical slides, a professional-quality, high-resolution digital image of the original slides is provided to the buyer as a digital Certificate of Authenticity NFT. This helps prove ownership and guarantees authenticity. In addition, in the event of a future secondary sale, it allows the buyer to conveniently and securely transfer ownership.“We are thrilled to be part of this exciting project.

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