Algorand NFT/ASA SIAE Process

Post by cwyl on Feb 11, 2023

cwyl
Feb 2023

Were there any additional papers/articles published by SIAE or Algorand discussing how the 4M NFTs were minted? Process to organize data getting it ready to mint, format/formula for payment stream through parties on the blockchain, timeline from start to end of project, costs to mint/“hold” that many ASAs, onboarding artists with wallets for self-custody, etc…

I think this could be really beneficial for the community to conceptualize what models and methods are being developed.

It’s loosely mentioned that more info would be released in the article linked below:

"Eventually, SIAE plans to share its project results with the international community to promote the decentralized management of rights metadata. Its conclusions can define the future global trends in the Intellectual Property (IP) space, as it’s the world’s sixth-largest copyright collecting company."

LINK: SIAE Launches 4 Million NFTs on Algorand for Creators

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