Freestyle hiphop beat | Niva beatz | NFT on XRPL
Freestyle hiphop beat | Niva beatz |
Collection: Niva Beatz
Smart Contract: Retention of Mastering Rights: The contract would include a clause explicitly stating that the creator (you) retains the mastering rights regardless of the sale or use of the NFT. Commercial Use: There would be a rule that allows the buyer to use the beat for commercial purposes, such as in music or film productions. Royalties: The contract would have a feature that tracks how much the beat is used commercially and automatically transfers 50% of the generated revenue to the creator’s address. Third Party Lending: The contract would include terms for lending the beat (NFT) to third parties, including the requirement that a fee be paid and how that fee is to be split (possibly a portion to the current owner and a portion to the creator). Public Use: This would simply be a permission in the contract that allows the buyer to use the beat publicly, as long as it is in line with the other terms. Selling an NFT: When selling the NFT: A feature would ensure that all rights associated with the NFT are transferred to the new owner, except for the mastering rights. A royalty mechanism would be activated where 5% of the sale price is automatically sent to the creator’s address. For example: If the NFT is purchased for 10 XRP and later sold for 20 XRP, the smart contract code would calculate that 5% of 20 XRP (1 XRP) goes to you. Important Considerations: Legal Validity: This smart contract is also legally valid outside of the blockchain.
Issuer: rJrsaYN55FqEXgjEXUjNQa8Lem52SiVzG9
Taxon: 10
- hiphop : beats
NFTokenID: 00081388BA7BE336AFEE6A88A7EE90FD6FAF9DD4A41BF3A7E7F5E195058A9404
View and trade this NFT on XRPL.to — the XRP Ledger NFT marketplace.
Frequently Asked Questions about Freestyle hiphop beat | Niva beatz |
What is Freestyle hiphop beat | Niva beatz | ?
Freestyle hiphop beat | Niva beatz | is an XLS-20 NFT on the XRP Ledger from the Niva Beatz collection. It has a rarity rank of 4. The NFT has 1 traits. Smart Contract: Retention of Mastering Rights: The contract would include a clause explicitly stating that the creator (you) retains the mastering rights regardless of the sale or use of the NFT. Com
How do I buy Freestyle hiphop beat | Niva beatz | ?
Freestyle hiphop beat | Niva beatz | is not currently listed for sale, but you can place a buy offer through XRPL.to. Connect any XRPL wallet, set your price, and the offer will execute automatically when the owner accepts.
How rare is Freestyle hiphop beat | Niva beatz | ?
Freestyle hiphop beat | Niva beatz | has a rarity rank of 4 within the Niva Beatz collection. Rarity is calculated from trait frequency — lower rank means rarer combinations of attributes.
What traits does Freestyle hiphop beat | Niva beatz | have?
Freestyle hiphop beat | Niva beatz | has 1 traits encoded in its NFT metadata. Each trait contributes to the rarity score based on how common or rare that attribute is across the entire Niva Beatz.
Who owns Freestyle hiphop beat | Niva beatz | ?
Freestyle hiphop beat | Niva beatz | is currently owned by rUWrSnGBXvXn3v41xNaAUnLaovXUwGmasv. NFT ownership on the XRP Ledger is fully on-chain and transparent — you can verify the current owner at any time on XRPL.to.
What is XLS-20?
XLS-20 is the XRP Ledger's native NFT standard, launched in October 2022. Unlike Ethereum NFTs which require smart contracts, XLS-20 NFTs are built into the XRPL protocol — meaning lower fees, faster settlement, and built-in royalty enforcement. Freestyle hiphop beat | Niva beatz | is one of these native XLS-20 tokens.
Traits
1Details
Smart Contract: Retention of Mastering Rights: The contract would include a clause explicitly stating that the creator (you) retains the mastering rights regardless of the sale or use of the NFT. Commercial Use: There would be a rule that allows the buyer to use the beat for commercial purposes, such as in music or film productions. Royalties: The contract would have a feature that tracks how much the beat is used commercially and automatically transfers 50% of the generated revenue to the creator’s address. Third Party Lending: The contract would include terms for lending the beat (NFT) to third parties, including the requirement that a fee be paid and how that fee is to be split (possibly a portion to the current owner and a portion to the creator). Public Use: This would simply be a permission in the contract that allows the buyer to use the beat publicly, as long as it is in line with the other terms. Selling an NFT: When selling the NFT: A feature would ensure that all rights associated with the NFT are transferred to the new owner, except for the mastering rights. A royalty mechanism would be activated where 5% of the sale price is automatically sent to the creator’s address. For example: If the NFT is purchased for 10 XRP and later sold for 20 XRP, the smart contract code would calculate that 5% of 20 XRP (1 XRP) goes to you. Important Considerations: Legal Validity: This smart contract is also legally valid outside of the blockchain.
Minted
Jan 8, 2025
Serial
#92967940
Storage
IPFS
Freestyle hiphop beat | Niva beatz |
Not listed for sale
Make the owner an offer below