Musicians Jack Antonoff, Ted Leo and More Fire Return to ‘Illegal’ NFT Sales


Photo by Jason Koerner / Getty Images for Audacy
Musicians like Jack Antonoff, Ted Leo, etc have taken down digital platform HitPeces for illegal NFT sales of their songs.
Antonoff, Leo and Sadie Dupuis from Speedy Ortiz are just a few of the artists who have called on a company called HitPiece to sell apparently unauthorized music NFTs.
For starters, the NFT is an indelible token — a single digital artifact that exists on the blockchain that powers cryptocurrencies.
“HitPiece allows fans to collect NFTs of your favorite songs,” a description that has since been removed said on the company’s website, according to the company’s website. Vulture. NFT has become the subject of controversy not only in the music world but also in video games and art.
“Hey you idiot @joinhitpiece we don’t have any deal with you or any NFT site and there it SHOULD be like an ongoing auction for a speed ortiz song,” Dupuis tweeted.
Ted Leo says the site is “the bottom scavengers of late capitalism sucking the last bit of marrow from our bones.”
Antonoff said any NFTs songs from his band Bleachers are “fake”.
“Currently, I don’t believe in the NFT so anything you see related to me is not real,” Antonoff tweeted.
Many musicians say they are working through the matter with lawyers. The company responded to the Left at London artist in a now-deleted tweet that read, “Your music is not on our site, nor do we stream music.”
HitPeces has been there since issue a statementreads, “Clearly we’ve hit the mark and are eager to create the ideal experience for music fans.
“Just to be clear, artists get paid when digital goods are sold on HitPiece. Like all beta products, we continue to listen to all user feedback and are committed to developing products to fit the needs of artists, brands, and fans. ”
HitPiece was founded last year by Rory Felton and Jeff Burningham, who were early investors in Spotify. Pitchfork. In one episode of Business builder audio filesFelton said that HitPiece is supposed to be built on Spotify’s API and have access to its entire music catalog.
“The idea is that you can show off to your friends or people around the world that you have the biggest hit list you can make, just like all your favorite songs.” Felton said.
Artists receive royalties not only from the initial auction but also from each time it is traded.”
He said NFTs would be a “permanent source of revenue” for both artists and rights holders.
https://wegotthiscovered.com/music/musicians-jack-antonoff-ted-leo-fire-back-at-illegal-nft-sales/ Musicians Jack Antonoff, Ted Leo and More Fire Return to ‘Illegal’ NFT Sales