3LAU Announces Blockchain-Powered NFT Single, “Everything” – EDM.com

January 19, 2021 Editor Blockchain 0

3LAU is set to become the latest artist to join in on the non-fungible token trend.

Coming later this week is a new song from the producer on the Nifty Gateway marketplace. On Twitter, he shared an image of what appears to be the cover art for the new blockchain-powered single, titled “Everything.”

For those unfamiliar with non-fungible tokens or NFT, they are essentially digital items one can collect. As detailed on Nifty Gateway’s website, the concept is similar to earning a new weapon in a video game or a skin for your in-game character. The difference lies in the fact that each item is stored on the blockchain, so they are exclusively yours and can never be deleted.