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86-496: The PSF format was publicly documented by Neill Corlett in 2003, who also wrote a Winamp plug-in named "Highly Experimental" that plays PSF1 and PSF2 files. Generally, PSF files contain a number of samples and a music sequencer player program. This takes far less space than an equivalent streamed format of the same music ( WAV , MP3 ) while still sounding high fidelity. Background music stored in PSF files can usually be looped forever, as

172-644: A Nintendo 64 video game. The basic USF file structure is a sub-format of PSF. Winamp Winamp is a media player for Microsoft Windows originally developed by Justin Frankel and Dmitry Boldyrev by their company Nullsoft , which they later sold to AOL in 1999 for $ 80 million. It was then acquired by Radionomy in 2014, now known as the Llama Group . Since version 2, it has been sold as freemium and supports extensibility with plug-ins and skins , and features music visualization , playlist and

258-507: A Ponzi scheme . At their peak, the three biggest NFT platforms were Ethereum , Solana , and Cardano . In 2022, the NFT market collapsed; a May 2022 estimate was that the number of sales was down over 90% compared to 2021. An NFT is a data file, stored on a type of digital ledger called a blockchain, which can be sold and traded. The NFT can be associated with a particular asset – digital or physical – such as an image, art, music, or recording of

344-469: A cigarette lighter . They uploaded (known as "minting" in the NFT scene) and sold the video as an NFT. The person who destroyed the artwork, who called themselves "Burnt Banksy", described the act as a way to transfer a physical work of art to the NFT space. American curator and art historian Tina Rivers Ryan , who specializes in digital works, said that art museums are widely not convinced that NFTs have "lasting cultural relevance." Ryan compares NFTs to

430-479: A file system , rather than PSF, which is a single PS executable. PSF's native sample rate is 44,100 Hz , while PSF2's is 48,000 Hz . Rates may vary from 8,000 Hz to 96,000 Hz. Both PSF and PSF2 files contain a header which specifies the type of video game system the file contains data for, and an optional set of tags at the end which can give detailed information such as game name, artist and length. PSF initially stood only for " PlayStation Sound Format ", but with

516-487: A music streaming service with plans to integrate with other music platforms such as Spotify and to play local audio files. Another feature of the new platform is Winamp Fanzone, where artists can upload and license their music for commercial use, and listeners can support artists directly by buying perks, such as early access to new songs or NFTs. On May 16, 2024, Llama Group announced that Winamp would be going partially open source on September 24, 2024. The source code

602-478: A speculative asset . The NFT buying surge was called an economic bubble by experts, who also compared it to the Dot-com bubble . In March 2021 Mike Winkelmann called NFTs an "irrational exuberance bubble". By mid-April 2021, demand subsided, causing prices to fall significantly. Financial theorist William J. Bernstein compared the NFT market to 17th-century tulip mania , saying any speculative bubble requires

688-492: A buying frenzy. Within 24 hours, all tiles of the current version and a prior version, each hardcoded to 1 ETH ( US$ 0.43 at the time of launch), were sold for a total of US$ 1.4 million. In 2016, Rare Pepes a "semi-fungible" NFT project centered around the Pepe the Frog meme involving a collective of artists contributing their works into a curated directory, emerged on Bitcoin through

774-486: A cease-and-desist letter to Nullsoft, claiming unlawful use of AMP. Nullsoft responded that they had replaced AMP with Nitrane, Nullsoft's proprietary decoder, but Playmedia disputed this. Third-party reviews found that Nitrane had bugs that resulted in playing back MP3s incorrectly, and that this resulted in unstable tones being added to the playback, and undoubtedly therefore violated the ISO standard. This also means that Nitrane

860-501: A custom source-available license. Plug-in development support increased Winamp's flexibility – for example, the creation of specialized plug-ins for game console music files such as NSF , USF , GBS , GSF , SID , VGM , SPC , PSF, and PSF2 . Winamp was first released in 1997, when Justin Frankel and Dmitry Boldyrev, formerly students at the University of Utah , integrated their Windows user interface with

946-493: A digital file asset. Ownership of an NFT is often associated with a license to use such a linked digital asset but generally does not confer the copyright to the buyer. Some agreements only grant a license for personal, non-commercial use, while other licenses also allow commercial use of the underlying digital asset. This kind of decentralized intellectual copyright poses an alternative to established forms of safeguarding copyright controlled by state institutions and middlemen within

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1032-479: A media library, supported by a large online community . Version 1 of Winamp was released in 1997, and quickly grew popular with over 3 million downloads, paralleling the developing trend of MP3 file sharing . Winamp 2.0 was released on September 8, 1998. The 2.x versions were widely used and made Winamp one of the most downloaded Windows applications. By 2000, Winamp had over 25 million registered users and by 2001 it had 60 million users. A poor reception to

1118-598: A music NFT playback feature. Users are able to add music NFTs on Ethereum and Polygon to the media library by connecting to the Metamask wallet. In April 2023, Winamp 5.9.2 was officially released, which, according to the developers themselves, is a minor update to the previous version. On October 15, 2018, Radionomy's CEO Alexandre Saboundjian announced that a new version of Winamp – then called Winamp 6 – would be released in 2019. The new version launched on April 13, 2023 as an online service. The platform features Winamp Player,

1204-499: A music locker service that would essentially compete with other online music lockers . The beta program was cancelled months before the announcement to shut down the Winamp project. On November 20, 2013, AOL announced that it would shut down Winamp.com on December 20, 2013, and the software would no longer be available for download nor supported by the company after that date. The following day, an unofficial report surfaced that Microsoft

1290-672: A musical sting and bleating . Nullsoft was purchased by AOL in June 1999 for $ 80 million in stock, with Nullsoft becoming a subsidiary. AOL itself merged with Time Warner in 2000. Nullsoft relaunched the Winamp-specific winamp.com in December 1999 to provide easier access to skins, plug-ins, streaming audio, song downloads, forums, and developer resources. As of June 22, 2000, Winamp surpassed 25 million registrants. The next major Winamp version, Winamp3 (so spelled to include mp3 in

1376-417: A new class of investment asset, by September 2023, one report claimed that over 95% of NFT collections had zero monetary value . NFTs can be created by anybody and require few or no coding skills to create. NFTs typically contain references to digital files such as artworks, photos, videos, and audio. Because NFTs are uniquely identifiable, they differ from cryptocurrencies , which are fungible (hence

1462-455: A new default interface skin called "Bento" which unlike the previous skins is a unified player and media library in one window as opposed to a multi-window interface. This version dropped support for Windows 9x . Winamp 5.6 was released in November 2010 and features Android Wi-Fi support and direct mouse wheel support. Fraunhofer AAC codec with VBR encoding support was implemented. Moreover,

1548-481: A new kind of market for artworks that deviated from traditional gatekeeping norms and ushered in a different kind of collector. Artist Beeple sold an ERC-721 NFT of his composite artwork known as Everydays: The First 5000 Days at Christie's for $ 69 million and was the first instance of a legacy arthouse dealing in NFTs. The NFT market experienced rapid growth during 2020, with its value tripling to US$ 250 million. In

1634-760: A partnership to simplify the verification and security of metadata for digital content, including NFTs. In 2021, a cryptocurrency exchange Binance , launched its NFT marketplace. In 2022, eToro Art by eToro was founded, focusing on supporting NFT collections and emerging creators. Sotheby's and Christie's  auction houses showcase artworks associated with the respective NFTs both in virtual galleries and physical screens, monitors, and TVs. Mars House, an architectural NFT created in May 2020 by artist Krista Kim , sold in 2021 for 288 Ether (ETH) — at that time equivalent to US$ 524,558. NFTs can represent in-game assets . Some commentators describe these as being controlled "by

1720-599: A protocol known as Counterparty (which had been created in 2014 and used to create other assets). In 2017, several NFT projects emerged on Ethereum that utilized a "fungible" token standard known as ERC-20. Curio Cards in May of that year is credited with being Ethereum's first art NFT project using the fungible standard and features artwork in the shape of a card among a variety of image types including satirized corporate logos The generative art project of 10,000 pixelated characters known as CryptoPunks emerged soon after in June and would later establish itself as one of

1806-415: A reference implementation. ERC-721 provides core methods that allow tracking the owner of a unique identifier, as well as a way for the owner to transfer the asset to others. Another standard, ERC-1155, offers "semi-fungibility" whereby a token represents a class of interchangeable assets. Because the contents of NFTs are publicly accessible, anybody can easily copy a file referenced by an NFT. Furthermore,

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1892-433: A sports event. It may confer licensing rights to use the asset for a specified purpose. An NFT (and, if applicable, the associated license to use, copy, or display the underlying asset) can be traded and sold on digital markets. However, the extralegal nature of NFT trading usually results in an informal exchange of ownership over the asset that has no legal basis for enforcement, and so often confers little more than use as

1978-430: A status symbol. NFTs function like cryptographic tokens, but unlike cryptocurrencies, NFTs are not usually mutually interchangeable, so they are not fungible . A non-fungible token contains data links, for example which point to details about where the associated art is stored, that can be affected by link rot . An NFT solely represents a proof of ownership of a blockchain record and does not necessarily imply that

2064-538: A technological advance for people to "get excited about", with part of that enthusiasm coming from the extreme predictions being made about the product. For regulatory policymakers, NFTs have exacerbated challenges such as speculation, fraud, and high volatility. NFTs, as with other blockchain securities and with traditional art sales, can potentially be used for money laundering . NFTs can be used for wash trading by creating several wallets for one individual, generating several fictitious sales and consequently selling

2150-402: Is an emulated Game Boy Advance audio format developed by Caitsith2 and Zoopd. The basic GSF file structure is a sub-format of PSF. GSF players emulate the files as sound-only Game Boy Advance ROMs, and as such can be processor intensive when compared to mainstream audio formats. Nintendo Ultra64 Sound Format (USF) is a file format by Adam Gashlin that contains the sound-generating code from

2236-474: Is built-in. This was developed by Will Fisher, as a re-write of the open source ml_ipod plug-in . Winamp 5.5: The 10th Anniversary Edition was released on October 10, 2007, ten years after the first release of Winamp (a preview version had been released on September 10, 2007). New features to the player included album art support, improved localization support (with several officially localized Winamp releases, including German, Polish, Russian, and French), and

2322-468: Is worth between $ 5 and $ 10 million , with AOL taking a 12% stake (a financial, not strategic, investment) in Radionomy in the process. Radionomy relaunched the Winamp website, and it was available for download again. In December 2015, Vivendi bought a majority stake in Radionomy. Following Radionomy's acquisition, no new releases would officially surface until Winamp 5.8 in 2018. In September 2018, it

2408-659: The United States Treasury assessed that there was "some evidence of money laundering risk in the high-value art market", including through "the emerging digital art market, such as the use of non-fungible tokens (NFTs)". The study considered how NFT transactions may be a simpler option for laundering money through art by avoiding the transportation or insurance complications in trading physical art. Several NFT exchanges were labeled as virtual asset service providers that may be subject to Financial Crimes Enforcement Network regulations. In March 2022, two people were charged for

2494-943: The net art fad before the dot-com bubble . In July 2022, after the controversial sale of Michelangelo 's Doni Tondo in Italy, the sale of NFT reproductions of famous artworks was prohibited in Italy. Given the complexity and lack of regulation of the matter, the Ministry of Culture of Italy temporarily requested that its institutions refrain from signing contracts involving NFTs. No centralized means of authentication exists to prevent stolen and counterfeit digital works from being sold as NFTs, although auction houses like Sotheby's , Christie's , and various museums and galleries worldwide started collaborations and partnerships with digital artists such as Refik Anadol , Dangiuz and Sarah Zucker . NFTs associated with digital artworks could be sold and bought via NFT platforms. OpenSea , launched in 2017,

2580-458: The spectrum analyzer and waveform analyzer would later appear. Multiple files on the command line or dropped onto its icon were enqueued in the playlist. Version 1.006 was released June 7, 1997, renamed "Winamp", i.e., with "amp" now in lowercase. It showed a spectrum analyzer and color-changing volume slider, but no waveform display. The AMP non-commercial license was included in its help menu . According to Tomislav Uzelac, Frankel licensed

2666-461: The "Pro" and "Full" installers being one and the same, in the process removing OpenCandy, Emusic, AOL Search, and AOL Toolbar from the installation bundle. This was announced to be the last release of Winamp from AOL/Nullsoft. There was a Winamp 5.7 beta program for an invitation-based Winamp Cloud feature, which would let Winamp play a user's entire cloud-stored music library across all supported devices. This feature would have allowed AOL to provide

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2752-475: The 2002 rewrite, Winamp3, was followed by the release of Winamp 5 in 2003, and a later release of version 5.5 in 2007. A now-discontinued version for Android was also released, along with early counterparts for MS-DOS and Macintosh . After a five-year hiatus, Winamp 5.8 (written as Winamp 5. ∞ {\displaystyle \infty } ) was leaked to the public in 2018 before its eventual release by Radionomy; development has since resumed with

2838-629: The AMP 0.7 engine June 1, 1997. Frankel formally founded Nullsoft Inc. in January 1998 and continued development of Winamp, which changed from freeware to $ 10 shareware . Despite the fact that there would be no extra features by paying $ 10, Winamp's popularity and warm reception brought Nullsoft $ 100,000 a month that year from $ 10 paper checks in the mail from paying users. In March, Brian Litman, managing co-founder with Uzelac of Advanced Multimedia Products, which by then had been merged into PlayMedia Systems, sent

2924-496: The Advanced Multimedia Products ("AMP") MP3 file playback engine. The name Winamp (originally spelled WinAMP) was a portmanteau of "Windows" and "AMP". The minimalist WinAMP 0.20a was released as freeware on April 21, 1997. Its windowless, menu bar-only interface showed only play (open), stop, pause, and unpause functions. A file specified on the command line or dropped onto its icon would be played. MP3 decoding

3010-454: The ERC-721 draft, the word deed was given consideration among other alternatives including distinguishable asset, title, token, asset, equity, ticket. Ultimately, through Entriken's initiative under the moniker "Fulldecent," a vote was held during the paper's drafting phase to decide which word would be used in the published version and "NFT" was chosen by the stakeholders. The term "NFT" and

3096-610: The Llama Group about the code on October 15, 2024, the GitHub repository was deleted. Winamp for Android is a mobile version for the Android (version 2.1) operating system, released in beta in October 2010 with a stable release in December 2010. It includes syncing with Winamp desktop (ver. 5.59 beta+) over USB or Wi-Fi. It was received with some enthusiasm in the consumer blog press. The app

3182-514: The ability to count or find the total duration of tracks in a playlist )". Winamp3 had no backward compatibility with Winamp 2 plugins, and the SHOUTcast sourcing plugin was not supported. No Winamp3 version of SHOUTcast was ever released. In response to users reverting to Winamp 2, Nullsoft continued the development of Winamp 2 to versions 2.9 and 2.91 in 2003, even alluding to it humorously. The beta versions 2.92 and 2.95 were released with

3268-462: The addition of the PSF2, SSF (Sega Saturn Sound Format), DSF (Dreamcast Sound Format), USF (Nintendo Ultra 64 Sound Format), QSF (Capcom Q-Sound Format), GSF (Game Boy Advance Sound Format), and 2SF (Nintendo DS Sound Format) sub-formats, the more generic backronym "Portable Sound Format" was developed. As a result, PSF and PSF1 interchangeably refer to PlayStation sound data files. GBA Sound Format (GSF)

3354-487: The art world thinks they have acquired. They definitely do not own the copyright to the underlying work unless it is explicitly transferred." Certain NFT projects, such as Bored Apes , explicitly assign intellectual property rights of individual images to their respective owners. The NFT collection CryptoPunks was a project that initially prohibited owners of its NFTs from using the associated digital artwork for commercial use, but later allowed such use upon acquisition by

3440-410: The awareness of the ERC-721 standard received significant exposure and adopted use through the popularity of CryptoKitties in 2017. While using the standard, CryptoKitties earned the recognition of being the first mainstream NFT dApp; the game's usage was significant enough to have overwhelmed Ethereum's processing power at the time. During the height of the breakout success of CryptoKitties and

3526-402: The beginnings of the "classic" Winamp GUI: dark gray rectangle with silver 3D-effect transport buttons, a red/green volume slider, time displayed in a green LED font , with track name, MP3 bitrate, and "mixrate" in green. Overlength titles appear as slowly scrolling text (or "marquee"). The skeuomorphic design somewhat resembles shelf stereos . There was no position bar, and a blank space where

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3612-654: The collection's parent company. The first known "NFT", Quantum , was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $ 4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City. McCoy and Dash referred to

3698-417: The emergence of ERC-721 tokens in 2017, an NFT marketplace called OpenSea emerged to capitalize off of the new non-fungible token standard. It positioned itself early in the NFT market landscape and grew to a $ 1.4 billion market cap in 2021 during the then-ongoing NFT boom. In 2021, ArtReview's Power 100 ranked ERC-721 at the #1 spot, praising it as "the most powerful art entity in the world" for creating

3784-466: The execution of a million-dollar NFT scheme through wire fraud . The European Commission announced in July 2022 that it was planning to draw up regulations to combat money laundering by 2024. Several blockchains have added support for NFTs since Ethereum created its ERC-721 standard. ERC-721 is an "inheritable" smart contract standard, which means that developers can create contracts by copying from

3870-501: The famous Wesley Willis -inspired DEMO.MP3 file "Winamp, it really whips the llama's ass" . Mike the Llama is the company mascot. By July 1998, Winamp's various versions had been downloaded over three million times. Winamp 2.0 was released on September 8, 1998. The new version improved the usability of the playlist, made the equalizer more accurate, and introduced more plug-ins. The modular windows for playlist and equalizer now matched

3956-674: The financial markets, the Journal said "NFTs are among the most speculative." In December 2022, a programmer named Casey Rodarmor introduced a new way to add NFTs to the Bitcoin blockchain called "ordinals". By February 2023, the popularity of ordinals had led to an increase in bitcoin's payment fees and may have also partially contributed to an increase in bitcoin's price. A September 2023 report from cryptocurrency gambling website dappGambl claimed 95% of NFTs had fallen to zero monetary value. NFTs have been used to exchange digital tokens that link to

4042-486: The first three months of 2021, more than US$ 200 million were spent on NFTs. In the early months of 2021, interest in NFTs increased after a number of high-profile sales and art auctions. In May 2022, The Wall Street Journal reported that the NFT market was "collapsing". Daily sales of NFT tokens had declined 92% from September 2021, and the number of active wallets in the NFT market fell 88% from November 2021. While rising interest rates had impacted risky bets across

4128-438: The form of NFTs. Artists involved in the entertainment-industry can seek royalties through NFTs. So far, NFTs have often been used in both the music- as well as the film-industry. By February 2021, NFTs accounted for US$ 25 million of revenue generated through the sale of artwork and songs as NFTs. On February 28, 2021, electronic dance musician 3lau sold a collection of 33 NFTs for a total of US$ 11.7 million to commemorate

4214-421: The formally published version of the standard in 2018. While experiments around non-fungibility have existed on blockchains since as early as 2012 with Colored Coins on Bitcoin, a community-driven paper called ERC-721: Non-Fungible Token Standard was published in 2018 under the initiative of civic hacker and lead author William Entriken and is recognized as pioneering the foundation for NFTs and enabling

4300-482: The growth of the wider eco-system. It introduced the formalization and defining of the term Non-Fungible Token "NFT" in blockchain nomenclature by establishing a standard for smart contracts known as "ERC-721" whose tokens would have unique attributes and ownership details, ensuring no two tokens are alike. The creation of derivative standards followed from its influence on Ethereum (like ERC-1155 enabling semi-fungibility) and other blockchains. Its versatility enabled

4386-543: The inclusion of some of the functionality of the upcoming Winamp 5. During this period the Wasabi cross-platform application framework and skinnable GUI toolkit was derived from parts of the Winamp3 source code. For Linux , Nullsoft released an alpha version of Winamp3 on October 9, 2001, but has not updated it despite continued user interest. During this time Winamp faced stiff competition from Apple 's iTunes . Winamp 5

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4472-456: The latest version 5.9.2 released on April 26, 2023. Its developer Radionomy has since rebranded as Llama Group and launched a streaming service that allows users to support artists by buying perks or NFTs . The service launched on the web in April 2023, followed by beta apps for Android and iOS in July 2023. In September 2024, Llama Group partially released the Winamp source code for Windows under

4558-433: The most commercially successful NFT projects. In December, a clipart based collection featuring images of rocks called EtherRock emerged. in November 2017, the widely acclaimed blockchain game on Ethereum known as CryptoKitties launched and is credited with pioneering what is considered to be the first bona fide non-fungible token standard, known as ERC-721. It used an early version of ERC-721 that differed from

4644-415: The name and to mark its separation from the Winamp 2 codebase), was released on August 9, 2002. It was a complete rewrite of version 2, newly based on the Wasabi application framework, which offered additional functionality and flexibility. Winamp3 was developed parallel to Winamp 2, but "many users found it consumed too many system resources and was unstable (or even lacked some valued functionality, such as

4730-428: The name non-fungible token). Proponents claim that NFTs provide a public certificate of authenticity or proof of ownership , but the legal rights conveyed by an NFT can be uncertain. The ownership of an NFT as defined by the blockchain has no inherent legal meaning and does not necessarily grant copyright , intellectual property rights, or other legal rights over its associated digital file. An NFT does not restrict

4816-416: The option to write ratings to tags (for MP3, WMA/WMV, Ogg , and FLAC ) was added. Hungarian and Indonesian installer translations and language packs were added. With the release of Winamp version 5.66 on November 20, 2013, AOL announced that Winamp.com would shut down on December 20, 2013, and Winamp would cease to be offered for download after that date. Five days later, version 5.666 was released with

4902-410: The owner possesses intellectual property rights to the digital asset the NFT purports to represent. Someone may sell an NFT that represents their work, but the buyer will not necessarily receive copyright to that work, and the seller may not be prohibited from creating additional NFT copies of the same work. According to legal scholar Rebecca Tushnet , "In one sense, the purchaser acquires whatever

4988-414: The ownership of an NFT on the blockchain does not inherently convey legally enforceable intellectual property rights to the file. It has become well known that an NFT image can be copied or saved from a web browser by using a right click menu to download the referenced image. NFT supporters disparage this duplication of NFT artwork as a "right-clicker mentality". One collector quoted by Vice compared

5074-493: The pioneering of numerous use cases, including digital artwork, deeds to physical items, real estate (including virtual), access passes, and game assets. Ultimately, the emergence of ERC-721 is recognized for having fundamentally changed the landscape of digital verification, authentication, and ownership. The term NFT, prior to the blockchain game CryptoKitties' adoption of ERC-721, is not known to have been used for earlier projects. Through discussion among stakeholders for

5160-465: The player's skin and could be moved around and be separated or "docked" to each other anywhere in any order. The 2.x versions were widely used and made Winamp one of the most downloaded pieces of software for Windows . By the end of 1998, there were already over 60 plugins and hundreds of skins made for the software. PlayMedia filed a federal lawsuit against Nullsoft in March 1999. In May 1999, PlayMedia

5246-592: The respective NFT to a third party. According to a report by Chainalysis these types of wash trades are becoming popular among money launderers because of the largely anonymous nature of transactions on NFT marketplaces. Looksrare , created in early 2022, came to be known for the large sums generated through the sale of NFTs in its earliest days, amounting to US$ 400,000,000 a day. These large sums were generated in large part through wash trading. The Royal United Services Institute said that any risks in relation to money laundering through NFTs could be mitigated through

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5332-461: The respective events or artists performing there to receive royalties on the resale of each ticket. NFTs have been proposed for purposes related to scientific and medical purposes. Suggestions include turning patient data into NFTs, tracking supply chains and minting patents as NFTs. The monetary aspect of the sale of NFTs has been used by academic institutions to finance research projects. NFTs representing digital collectables and artworks are

5418-503: The respective industry. Digital art is a common use case for NFTs. High-profile auctions of NFTs linked to digital art have received considerable public attention; the first such major house auction took place at Christie's in 2021. The work entitled Merge by artist Pak was the most expensive NFT, with an auction price of US$ 91.8 million and Everydays: the First 5000 Days , by artist Mike Winkelmann (known professionally as Beeple)

5504-493: The second most expensive at US$ 69.3 million in 2021. Some NFT collections, including Bored Apes , EtherRocks , and CryptoPunks , are examples of generative art , where many different images are created by assembling a selection of simple picture components in different combinations. In March 2021, the blockchain company Injective Protocol bought a $ 95,000 original screen print entitled Morons (White) from English graffiti artist Banksy and filmed somebody burning it with

5590-473: The sequencer handles its own loop points. Several PSF sub-formats also have a miniPSF/PSFlib capability, wherein data used by multiple tracks is stored only once in an accompanying PSFlib file. Further differences are stored in a miniPSF file, which can be compressed via zlib to further increase storage efficiency. A PSF2 file is the PlayStation 2 equivalent of a PSF. PSF2 is internally structured as

5676-477: The sharing or copying of its associated digital file and does not prevent the creation of NFTs that reference identical files. NFT trading increased from US$ 82 million in 2020 to US$ 17 billion in 2021. NFTs have been used as speculative investments and have drawn criticism for the energy cost and carbon footprint associated with some types of blockchain, as well as their use in art scams . The NFT market has also been compared to an economic bubble or

5762-632: The technology as "monetized graphics". This explicitly linked a non-fungible, tradable blockchain marker to a work of art, via on-chain metadata (enabled by Namecoin). In October 2015, the first NFT project, Etheria, was launched and demonstrated at DEVCON 1 in London, Ethereum's first developer conference, three months after the launch of the Ethereum blockchain. Most of Etheria's 457 purchasable and tradable hexagonal tiles went unsold for more than five years until March 13, 2021, when renewed interest in NFTs sparked

5848-640: The three-year anniversary of his Ultraviolet album. On March 3, 2021, an NFT was made to promote the Kings of Leon album When You See Yourself . Other musicians who have used NFTs include American rapper Lil Pump , Grimes , visual artist Shepard Fairey in collaboration with record producer Mike Dean , and rapper Eminem . A paper presented at the 40th International Conference on Information Systems in Munich in 2019 suggested using NFTs as tickets for different types of events. This would enable organizers of

5934-630: The use of " KYC best practices, strong cyber security measures and a stolen art registry (...) without restricting the growth of this new market". Auction platforms for NFTs may face regulatory pressure to comply with anti-money laundering legislation. Gou Wenjun, the director of a monitoring centre for the People's Bank of China , said that NFTs could "easily become money-laundering tools". He pointed to unlawful exploitation of cryptographic technologies and said that illicit actors often presented themselves as innovators in financial technology. A 2022 study from

6020-440: The user" instead of the game developer if they can be traded on third-party marketplaces without permission from the game developer. Their reception from game developers, though, has been generally mixed, with some like Ubisoft embracing the technology but Valve and Microsoft formally prohibiting them. NFTs have been proposed for use within the film-industry as a way to tokenize movie-scenes and sell them as collectibles in

6106-434: The value of a purchased NFT (in contrast to an unpurchased copy of the underlying asset) to that of a status symbol "to show off that they can afford to pay that much". The "right-clicker mentality" phrase spread virally after its introduction, particularly among those who were critical of the NFT marketplace and who appropriated the term to flaunt their ability to capture digital art backed by NFT with ease. This criticism

6192-431: The way for future Winamp-related development on Mac and a fully featured media player as Winamp on Windows. However no further development occurred. An early alpha preview of Winamp3 for desktop Linux was developed in October 2001, but support was dropped not long after. Nonetheless some versions of Winamp for Windows are functional using Wine . DOSamp for MS-DOS operating systems was released in 1997. The software

6278-403: Was based on the Winamp 2 codebase, but with Winamp3 features such as modern skins incorporated via a plugin, thus incorporating the main advantages of both products. Regarding the omission of a version 4, Nullsoft joked that "nobody wants to see a Winamp 4 skin" ("4 skin" being a pun on foreskin ). It was also joked that "Winamp 5 is so good they skipped a number" and "Winamp 2+3=5,". Winamp 5.0

6364-540: Was granted an injunction by Federal Judge A. Howard Matz against distribution of Nitrane by Nullsoft, and the same month the lawsuit was settled out-of-court with licensing and confidentiality agreements. Soon after, Nullsoft switched to an ISO decoder from the Fraunhofer-Gesellschaft , the developers of the MP3 format. Winamp 2.10, released March 24, 1999, included a new version of the "Llama" demo.mp3 featuring

6450-458: Was in talks with AOL to acquire Nullsoft. Despite AOL's announcement, the Winamp site was not shut down as planned, and on January 14, 2014, it was officially announced that Belgian online radio aggregator Radionomy had bought the Nullsoft brand, which includes Winamp and SHOUTcast. No financial details were publicly announced. However, TechCrunch has reported that the sale of Winamp and Shoutcast

6536-568: Was introduced as a beta release. It is the first Winamp version for the Mac OS X platform and runs under version 10.6 and above. Its focus is on syncing the Winamp Library to Winamp for Android and the iTunes Music Library (hence the name, "Winamp Sync for Mac"). Nonetheless, a full Winamp Library and player features are included. The developer's blog stated that the Winamp Sync for Mac Beta would pave

6622-543: Was one of the first marketplaces to host various types of NFTs. In July 2019, the National Basketball Association , the NBA Players Association and Dapper Labs, the creator of CryptoKitties , started a joint venture NBA Top Shot for basketball fans that let users buy NFTs of historic moments in basketball. In 2020, Rarible was found, allowing multiple assets. In 2021, Rarible and Adobe formed

6708-406: Was performed by the AMP decoding engine developed by Advanced Multimedia Products co-founder Tomislav Uzelac , which was free for non-commercial use. It was compatible with Windows 95 and Windows NT 4.0 . Winamp was the second real-time MP3 player for Windows, the first being WinPlay3 . WinAMP 0.92 was released as a freeware in May 1997. Within the standard Windows frame and menu bar, it had

6794-417: Was promoted by Australian programmer Geoffrey Huntley who created "The NFT Bay", modeled after The Pirate Bay . The NFT Bay advertised a torrent file purported to contain 19 terabytes of digital art NFT images. Huntley compared his work to an art project from Pauline Pantsdown and hoped the site would help educate users on what NFTs are and are not. NFTs that represent digital art generally do not store

6880-422: Was released in December 2003. A blue themed "Modern" skin became the default interface. The media library was improved, CD burning and ripping was introduced, and other additions. The original Nullsoft team quit in 2004. As of version 5.1, Winamp development is credited to Ben Allison (Benski) and Maksim Tyrtyshny. From version 5.2 onwards, support for synchronizing with an iPod and other portable music players

6966-512: Was released in a GitHub repository under the " Winamp Collaborative License ", a license restricting the ability to create forks or distribute modified binaries (which is not considered free or open source ) and requires waiving ownership of contributions to Llama Group. After the source code was released, multiple pieces of proprietary source code were found: the entirety of the SHOUTcast server software, as well as code from Microsoft, Dolby and Intel . After The Register contacted

7052-407: Was released on September 9, 2022, with mostly under-the-hood improvements. The development team migrated the project from Visual Studio 2008 to Visual Studio 2019, in addition to improving support for Windows 11, high-resolution audio , and playback of HTTPS streams. The minimum supported operating system was increased to Windows 7 SP1 . On December 6, 2022, Winamp 5.9.1 was released, adding

7138-574: Was removed from the Play Store in 2014 due to a combination of factors, including a decline in user interest and the cessation of support from its parent company, AOL. It was reported in 2018 by TechCrunch that a redesigned Android app was planned alongside the announcement of the development of Winamp 6. An app for the Winamp service was released in beta for Android in July 2023. In 1997, Nullsoft also released MacAmp , an Apple Macintosh equivalent of Winamp. In October 2011, Winamp Sync for Mac

7224-425: Was reported that a Winamp 5.8 beta build 3563 was leaked to various file-sharing sites. The leaked build, bearing a build date of October 26, 2016, would be the first public build under Radionomy's umbrella, with changes including compatibility with Windows 8.1, 10 and 11, and the removal of the paid Winamp Pro. Following the leak, Radionomy officially released Winamp 5.8 build 3660 on October 18, 2018. Winamp 5.9

7310-488: Was soon abandoned by Nullsoft to focus on the Windows version (Winamp). NFTs A non-fungible token ( NFT ) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. Initially pitched as

7396-545: Was unlikely to have been based on the AMP software, and was more likely evidence of a hastily written MP3 decoder that didn't concern itself with standards compliance. Version 1.90, released March 31, 1998, was the first release as a general-purpose audio player, and documented on the Winamp website as supporting plugins, of which it included two input plugins ( MOD and MP3 ) and a visualization plugin. The installer for Version 1.91, released 18 days later, included wave , cdda , and Windows tray handling plugins, as well as

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