Securities Meet NFTs With Investment Platform Republic’s New Music Vertical

Posted on by American Coins & Gold

Securities Meet NFTs With Investment Platform Republic’s New Music Vertical
Republic – the financial services company, not the record label – has announced the launch of “Republic Music,” a loosely defined investment product that claims to offer “an entirely new way to create, produce, and share royalties from music.”The result of a partnership with a crypto company called Opulous, Republic Music gives listeners the chance to “invest in the music they love for as little as $100 and share in the rights to royalties.”The idea revolves around something called “S-NFTs,” or “Security NFTs.”New path for NFTs?NFTs are non-fungible tokens – a kind of cryptocurrency that can be attached to media…