Rihanna's hit single is released in the form of an NFT, and holders will receive 0.0033% of the streaming royalties

ChainCatcher news, Rihanna's 2015 hit single "B**** Better Have My Money" has recently been released in NFT form through the Web3 music startup anotherblock, with an initial issuance of 300 units at a price of $210 each. Each holder will receive "0.0033% of the streaming royalties" for the song.

The company stated that holders are expected to receive their first royalty payment on February 16, and will receive payments based on streaming revenue every six months. Additionally, NFT holders will also receive unique artwork created by NFT artists, as well as custom music tracks and "a real-world legal contract outlining the terms of the streaming royalties, ensuring NFT holders' ownership in the real world." Holders will also have access to a closed Discord community, real-world events, and priority access to upcoming NFT releases.

It is reported that the series sold out within minutes, and an NFT airdrop will be released before Rihanna's Super Bowl LVII performance on Sunday. (source link)