Muse's Will Of The People becomes first UK number one album with NFT technology
Muse has made history with their ninth LP Will Of The People, marking the UK's first number 1 album to incorporate NFT technology. It is the first full-length record containing NFT (non-fungible token) elements to make the top spot, and the first new format to be added to the official albums chart since it began counting streaming data in 2015.
A fairly recent craze from the cryptocurrency world, NFTs are unique digital assets that exist on a blockchain and cannot be replicated. For clarification, if something is fungible, it is interchangeable with another good or asset - non-fungible means it is not. Last year, a piece of digital art sold for more than $69 million (£50m) at Christie's, marking the first ever sale by a major auction house of a piece of art that did not exist in physical form.
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