Hi everyone, I received a request from @dbiggs611 about the possibility of sending a video through NFT.
He is very interested in the fact of sending a recorded piece of the festival to only certain fans, so he was asking if he could create an NFT with a high res video attached and send or sell this NFT to some of his fans.
He was also concerned about the speed and cost of uploading and downloading a huge quantity of data, and he also mentioned where this data would be stored.
Now this will be the perfect fit for what we call Membership NFT.
While creating a Membership NFT you will be able to decide what perks this NFT will reserve for your fans, and once you put it up for sale, it will be possible for you (the creator) to decide who to sell it to, under these conditions:
if you know your customer/fans wallet address
if you want to sell it only to those who have already another (anyone or a specific one) of your NFT
About the uploading of videos or contents of large data, the NFT will not “contain” these data but will grant access. Only members who have the Membership NFT can download or stream the data.
Where this data will be stored is totally up to the creator of the NFT, you can keep it anywhere and make it accessible only with the Membership NFT.
For the cost, other than the regular transaction fees for the blockchain, there will be no cost from Outwave, just the regular cost of the data storage provider (think Google drive, for instance).
Sure thing @Miro can get more in the details here.
So, in conclusion, you will be able to generate an NFT, allowing owners to download, stream and own your digital assets and choose who you want to sell them to.