There are a few different kinds of music NFT marketplaces, and each drop comes with a different level of exclusivity.
1/1 NFT: A 1/1 NFT means that the NFT has been issued as a single, unique item. In this respect, it’s completely exclusive. These types of NFTs are similar to real-life paintings in that only one exists.
Open edition: It is a type of NFT with countless number of editions that can be minted. Numerous open editions are only available to mint for set periods. As the time window closes, no new NFTs are allowed to be minted.
Limited edition: It is confined to a predefined number of editions. Therefore, only a limited number of NFTs are made available for minting.