Tag: Music Nfts

Non-fungible tokens (NFTs) have been hitting the headlines in recent weeks across global media outlets. These include the Wall Street Journal, The New York Times, and the legendary music publication Rolling Stone magazine. Alongside use cases for financial bonds, insurance policies, and artwork, NFTs are the key to blockchain music royalty tracking. We’re beginning to see more mainstream artists opting to release their music as NFTs on the blockchain. The economic pressures resulting from the global pandemic have hit musicians harder than most industries. This is of course, following a continuous decline in revenue since the introduction of online streaming. However, blockchain music streaming is here to fix that. Blockchain in the music industry is becoming increasingly popular, and for good reason too!