Late Singer S P Balasubrahmanyam's Last Unreleased Song To Be Auctioned As An NFT

ndtv.com:

An unreleased song of late singer S P Balasubrahmanyam will be auctioned as NFT

Music fans, digital art collectors, and fans of legendary playback singer late S P Balasubrahmanyam will now be able to own his final unreleased song. On April 9, Diginoor, a non-fungible token (NFT) platform, will auction a 30-minute recording by the late singer. The legal rights to sell and release the song as an NFT belong to Diginoor. The singer had recorded the album Vishwaroopa Darisanam in collaboration with the music label, Symphony Records. The unreleased Tamil track was the late singer's last devotional track, which he had recorded just weeks before his death in September 2020 due to complications arising from COVID-19.

Pre-bid offers on the platform are already touching $2,00,000 (approximately Rs 1.5 crores).

SPB's signs off his last song in style with the release of his last musical piece as an #NFT !!The #NonFungibleSPB will be auctioned off on Diginoor's #NFTmarketplace starting on April 9th at 11 AM IST ????Get Notified: https://t.co/XR0KeDOPkZpic.twitter.com/O3XlSQZFHt

With the launch of the NFT, Diginoor aims to transfer 51 percent of the copyright to the winning bidder. This would give the NFT holder the right to make the song available to a wider audience, as well as the ability to adapt or reproduce it.

In a tweet on its official handle, the start-up stated, “Did you know that our launch of the Music NFT of Late legendary singer, SPB is the first of its kind as the holder not only gets access to the full 30-minute track but most importantly also gets 51 per cent of all copyrights of this masterpiece through the NFT.”

Did you know that our launch of the Music NFT of Late legendary singer, S.P.B is the first of its kind as the