Michael Bailey Posted August 17, 2022 Share Posted August 17, 2022 Currently on Discogs "Do You Love Me" by Senator Jones is selling for about $6K U.S. Although I suppose I could afford that, I'd rather stay married. The record has been on Discogs for more than a week, so I suspect others feel similarly. I had this idea: If, say, six of us split the cost as an investment, this would be much more affordable. We could sell audio copies of the records as NFTs (see: https://en.wikipedia.org/wiki/Non-fungible_token) to DJs, who could also claim to own a copy of the record. And if at some point we all decide to sell the record (hopefully for a profit), we can. We'll keep the record at my house. 1 Link to comment Social source share More sharing options...
Jnixon Posted August 17, 2022 Share Posted August 17, 2022 genius. 2 Link to comment Social source share More sharing options...
Amsterdam Russ Posted August 17, 2022 Share Posted August 17, 2022 1/ You don't own the publishing rights or copyrights. 2/ There's more than one copy of the 45 (NFTs typically work best when the item is unique). 3/ Audio files of the track can be easily had - YouTube and Spotify, for example, and files can be easily copied/shared - thus making the money-making part of the scheme a non-starter. Next... 2 Link to comment Social source share More sharing options...
Michael Bailey Posted August 17, 2022 Author Share Posted August 17, 2022 Jnixon, I'll count you in. Amsterdam Russ, I'll count you in for only half a share. 3 Link to comment Social source share More sharing options...
laparis Posted August 19, 2022 Share Posted August 19, 2022 Funny idea!!!Like Jnixon said: Genious! Question to you: what are the others who split the costs with you winning with this if YOU gonna keep the copy??Do not follow! 1 Link to comment Social source share More sharing options...
Pat Posted August 20, 2022 Share Posted August 20, 2022 I like your style Mr. Bailey, but I don't fancy your chances!!! Alan C 2 Link to comment Social source share More sharing options...
Michael Bailey Posted August 20, 2022 Author Share Posted August 20, 2022 14 hours ago, laparis said: They are equal co-owners! Link to comment Social source share More sharing options...
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