Home Gaming Nas NFTs Break Music NFT Marketplace Royal Backed by 3LAU

Nas NFTs Break Music NFT Marketplace Royal Backed by 3LAU

Nas NFTs Crashes Royal Platform

Music NFT Marketplace Royal crashed after its first mint drop featuring Hip-Hop legend Nas’ NFTs!

Music producer 3LAU and his college best friend JD Ross are the top guys driving the highly anticipated platform. Royal raised over $16 million from investors back in August 2021. Then, last November 2021, it announced a $55 Million Series A investment round led by legendary venture capital firm Andreessen Horowitz (a16z). So the new marketplace has $71 Million in funding to accelerate the NFT music scene, yet the mint drop didn’t go as smoothly.

Nas NFTs Crashes Royal Platform's First Mint Drop
Nas’ NFT drop has been bumped down nine days later than the original schedule! Credit: Twitter (@join_royal)

Royal x Nas’ NFT Drop

The mint was supposed to start on January 11 at 1:00 PM ET, top-billed by NFTs from the Grammy award-winning rap star. However, the platform crashed a minute into the drop. On Twitter, the team explained that heightened user demand on their servers was the main culprit.

The project played it cool on Twitter. “The hype is too. You, you guys broke our servers! We know the site went down and we’ll be back up at 1:30 PM ET!” Then, they apologized to the community before releasing a new schedule. The team bumped down the mint date nine days from the original schedule. It will now start on start on January 20 at 1:00 PM ET.

Fans of Nas can sign up on royal.io to purchase NFT tokens representing royalties to two of his songs. Royalty shares of up to 50% will be given on his songs “Ultra Black” and “Rare.” So fans could make some serious cash with these Nas royalties! 

A limited amount of tokens will be available for each song, 1,110 for Rare and 760 for Ultra Black. Depending on how many tokens you purchase, changes the total percentage of royalties you own. Token owners could be getting more than their share of royalties.

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