NFTs are democratizing content creator revenue | The Great Disruption Ep. 12
Did you know that artists received about 12% of the music industry’s 2017 revenue? The other 88% was swallowed by record labels, managers, and numerous other business intermediaries.
Can blockchain decentralize the music industry and drive more artist empowerment? Find out in this Forkast video explainer.
What you’ll learn:
- How non-fungible tokens (NFTs) can be used to track the ownership of digital art.
- How NFTs can foster more artist empowerment and redefine the creator economy.
- How NFTs can transform artist-fan relationships through peer-to-peer transactions.
- How fractionalized NFTs enable fans to become stakeholders of their favorite music.