CryptoVinyl is an NFT Marketplace, an online Music Store & a streaming Platform exclusively for electronic dance music.
A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable.
NFTs can be used to represent items such as audio and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT.
While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with proof of ownership that can be separate from copyright.
To Mint & list an NFT to Sell, you have to Sign Up. Initially, We have to Verify you as an artist first, before you get access to our Marketplace.
To get a Verification, simply fill up the sign-up form. we will then Get Back To You as soon as possible. please note that you need to meet some criteria, to get a Verification.
We Ask For Your Understanding That We Currently Only Working With Professional Artists, Who Already Established In The Music Scene.
That Is One Of The Reasons, Why A Verification Is Necessary.
CryptoVinyl is currently free to use for all members. However, all transaction fees associated with blockchain interaction are paid by the end user.
Yes, Listing items on CryptoVinyl is easy, secure & free.
You pay the usual Gas fees to the blockchain when you mint & sell an Item. Lastly, you pay a service fee when your item is sold.
On Successful Sales, Artists Pay A 15% Service Fee On The Final Sale Price.
Buyers Pay A 3% Service Fee On The Final sale Price.
There are gas fees when the item gets sold. who is paying those fees is depending on the transaction.
Buyers pay the gas fees when purchasing fixed-price items.
Sellers pay the gas Fees when accepting offers.
For more information on gas fees, please click here.
Blockchain transactions are irreversible, Therefore all sales are final.