Classic Winamp Skin may be sold as NFT, but for good reason

The popular music and video player winamp will market the first skin as a non-fungible token (NFT). The program, which is part of the history of many people before the 2000s, will be auctioned at OpenSea Market between the 16th and 22nd of May. There will be no free list and purchases will be open to everyone: whoever arrives first gets the Winamp classic.

In addition to the original mask, since 1997, another 20 paintings made from classic skins will be sold to collectors. As the Winamp Foundation is newly established, all proceeds from the sale will go to charitable and charitable organizations to support the musicians.

There will be 19 NFT variants with only 100 copies of each and a rare token with only 97 copies – an application for the year in which the player was created. The fixed price is 0.08 ETH, equivalent to US $ 210 or around R $ 1,000, for each picture. In this first sale, 20% of the proceeds will go to the artist and 80% will go to charity.

If buyers decide to resell the token, the artists will receive 10% of the proceeds from their creations, Winamp will receive an additional 10% (which also goes to charity ) and 80% to the owner. The cost of the artists to receive in this case depends on the cost of the second sale.

Winamp on Web3

All items will be minted on the Ethereum blockchain and stored in a virtual wallet. Artists who want to create their own skins for Winamp will be selected to have their own products, but they will have to change their heritage for Winamp.

The original Winamp skin will be sold as NFT and the proceeds will be donated to the relationship (Image: Reproduction / Winamp)

Winamp CEO Alexandre Saboundjian explained in a statement that the goal is to support the performers community, not only by selling tokens, but also by investing in beats music. “Supporting musicians and musicians is also why the work of the Winamp Foundation is so important,” he said.

The first charity selected by the foundation was MusicFund, a non-profit organization that collects, organizes and donates music instruments to music schools in the non-profit area. . The NGO works in conflict areas, developing countries and in parts of Europe, as well as doing great work to support artists.

Source: Winamp

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