We will be using NFTs for royalty free use licenses, creator copyrights, etc. It's not just about the digital images. It's about so much more. We can also mint and sell things like rare editions, live performances, etc to sell as collectibles that people can resell and trade. Although people may be able to access the file itself, doesn't mean they will have to right to reproduce or resell it.
We are not only trying to tokenize music, but also the reproduction rights, etc. That is where the real use cases for NFTs are going to be put into play.
This platform is also not really using Hive for NFT purposes just yet. Will be using the Hivelist NFT marketplace if anything. We will be using Binance Smart Chain and Polygon more for these purposes. Eventually if we can get the funds to build our own outpost with NFT marketplace, then we will go at it then on Hive, but for now we are working with other chains on this. The cool thing about BSC and Polygon is that is cross chainable with Hive by using SWAP tokens on Hive Engine.
The key to keeping the files and such safe is to use unlockable files, but right now, Hivelist market doesn't have that. The only one I know of on Hive is NFTShowroom, and then on Opensea. I am working to find a solution for this on the BSC collections on Blocktunes, but haven't found a great way yet. Well, I kind of have, but it relies on using the Wordpress/Woocommerce side of things, which could work, but is pretty centralized, but it would work for the case of music.
We are working on getting @groove-logic 's stuff up as a demo so people will see how we are looking at setting things up. Just trying to figure out the minting on sell part of it on BSC...
But the big focus I am wanting to make is the DAOs that artists will be able to set up. Being able to invest in an artist can be an impactful thing for musicians. All of that is coming and is in the works.
Thanks for your reply to my thoughts on this, and what you are doing in those regards. I am very interested and will put this on my watch list for the new year! And will probably want to sign up as an artist myself. Great work @thelogicaldude