sold out his NFTs in just one minute on Thursday, earning him $200,000 and a new record for a musician in the Chinese-language music industry. But the award-winning musician believes this is just the beginning of his long-term experiment with the technology which he hopes will be a lifeline for his peers struggling against corporate dominance.” is a 27-second MP4 of a brand new song with a music video, available in a limited 77 pieces, each costing 7 BNB .
Around the same time, NFTs also became a hot topic of discussion on audio-based social media platform Clubhouse, where Tan first learned about the acronym and the new property. Originally from Singapore, Tan has written and produced music for some of the biggest names in the Chinese-speaking world such as Jacky Cheung and Sammi Cheng since 1999. He picked up a Hong Kong Film Awards best newcomer prize in 2010 playing a friend of the young Bruce Lee in the drama “Bruce Lee, My Brother.” Tan said back musicians could still make a decent living despite the “bullies.” But the emergence of streaming has made the lives of musicians difficult.
Tan’s discovery of and experiment with NFTs have brought him hope. He released his first NFT in early April on platform OpenSea and auctioned off his single “Nobody Gets Me” for 7 ETH .