It is no longer news that web 3.0 is here, which is why many individuals and companies associated with blockchain technology are presently focused on the metaverse. In anticipation, many people have started acquiring assets in the metaverse via the use of cryptocurrency. After purchasing such digital assets, the buyer receives an NFT, which proves ownership of the digital items, which range from images to video files or physical assets. Although, the majority are currently focused on visual assets alone and ignoring audio assets, which are equally important and crucial to create the full audio and visual experience in the metaverse.
Since the metaverse is just like a replica of the real world enabled by virtual and augmented reality headgear usage, it is important to emphasize that audio assets should not be left out of the picture because they are a very important aspect of the real world. The metaverse is aimed at improving social interaction and we all agree that social interactions are not entirely visual, far from it in fact.
Have you ever imagined a world without sound? Honestly, just the thought of it is abysmal. That’s just to emphasize the importance of sound in any environment.
The metaverse is here, and there is a huge need for sound in that virtual world.
That’s great news for the audio creator community because audio creators can now make some money off their crafts. Now, how can sound be introduced into the metaverse? Just like visual assets have NFTs, audio assets can also have NFT arts which will really boost the potential of the already expanding NFT community. When a creator makes an audio file, let’s say music, and proceeds to minting using some amount of cryptocurrency, the file becomes a digital asset and an NFT Art will be given to the creator to prove ownership.
Where does SOUNDIT come in?
Why SOUNDIT? SOUNDIT is a blockchain social platform with audio at the core of its conception, which can help anyone create and purchase audio assets in the metaverse. It is a great decentralized audio platform that integrates audio with NFTs, enabling audio creation in the metaverse audio platform.
Imagine a world where everyday people can create audio on their phones on impulse; that would mean everyone can be a creator. The first benefit is that creators are free to convert their audio files into Audio NFTs to be rewarded. On the other hand, this will allow visual content makers who are lacking the critical element of sound to now have a platform that fits all of their requirements.
Being dedicated to audio creators and users, SOUNDIT is working relentlessly to be the audio enabler for the metaverse.
Through SOUNDIT decentralized app, creators will produce different types of audio assets that are extractable and can be minted into an NFT that can be bought. That way, creators get to monetize their talent, and buyers get to use these digital assets however they want to create a fun and engaging environment in the metaverse.
A growing number of people have repeatedly complained about the downsides of “destructive social media” in recent times. With issues like increasing anxiety of body image, constant trolling, and lack of privacy are all arising because of the current design of social media. This is because social media is built in a way that places more emphasis on visual but neglects and does not amplify audio content.
SOUNDIT makes it simple for anybody, including NFT newcomers, to mint NFTs. Creators may now mint onto different blockchains with the push of a button on their phone. Each NFT is absolutely unique, with just one owner. For example, on the SOUNDIT platform, you can mint your audio files into an NFT using polygon, and if you want to utilize the same on a metaverse that uses Solana, you can do so simply by utilizing the NFT bridge that is presently being constructed.
The NFT owner has a certificate and record on the blockchain confirming their purchase and ownership, indicating that they are the sole owner of the original and copyrights, as well as all ownership rights. The good news is that because NFTs are digital, they are impervious to external forces such as fire, mildew, and other types of harm, making them indestructible.
To accomplish anything mentioned above, users must acquire the SOUNDIT token (SNDIT). The utility token for the whole ecosystem is SNDIT; it is the ecosystem’s best money, and it will be utilized throughout the SOUNDIT app. The token will also be utilized to supply liquidity to the liquidity pool, and users that stake their tokens will receive a reward.
Apart from benefits like listening and socializing simultaneously, you can also enjoy connecting with your favourite audio creator easily and more effectively via SOUNDIT. Also, it can help you discover new talent with ease, without leaving out the fact that you can sell your favourite audio in NFTs.
Key:
Metaverse: Metaverse is a virtual environment with avatars, digital items, and functional economies, where technology is more than simply a tool, but an all-encompassing force.
NFT Minting: Minting an NFT is the process of transforming digital data into crypto collections or digital assets kept on the blockchain.
NFT: A non-fungible token (NFT) is a one-of-a-kind digital asset that symbolizes ownership of physical goods such as art, video clips, music, and so on. NFTs are based on the same blockchain technology as cryptocurrencies, but they are not a currency.
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For more information, visit our website: https://soundit.com/
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