Non-fungible Tokens (NFTs) and the Music Industry
Non-fungible tokens (NFTs) may allow artists to better monetize their work. They will be able to more easily sell to and be supported by their fans, without interference from labels, streaming services, and other distributors. Fans also have the ability to "invest" in artists – as their popularity increases, the price of their NFTs may as well. NFTs represent a unique opportunity for artists and fans alike.