NFTiPoD Creation and Validation
The easiest way to gain acceptance for NFTiPoD technology from streaming providers, is to make integrating it into their ecosystems simple and profitable. The foundation of the Fair Trade Music Distribution Group’s business model is to provide all of the necessary processing and interfaces required to make NFT integrated Play on Demand a turnkey process. Starting with standardization, FTMDG will create the protocols and APIs to be used by streaming providers for making validation queries. Affirmation will result in a success code, while a failure will provide a NFTiPoD sales interface so that the streaming provider will be able to transparently offer the content to their listener. As well, FTMDG will provide an interface for music aggregators, so that content creators will be able to release their music, including their NFT integrated Play on Demand licenses, via standard publishing web pages.
The current streaming and music content business models will remain the same, but with potential for added income. The independent music business will be forever changed, for the better. A healthy independent music industry in the future, rests on the success of implementing Play on Demand licensing through NFTiPoDs.