While major record labels are thriving in the era of online music streaming, musicians aren’t as lucky. Since most artists only make a fraction of a penny per stream, musicians have started experimenting with non-fungible tokens (NFTs) to gain a larger share of the pie. Could NFTs usher in a new era of artist empowerment in the music industry? Forkast explores what’s on the horizon.
What you’ll learn:
- How NFTs revolutionize the music industry
- How NFTs offer musicians a larger share of the revenue and more artist empowerment
- How NFTs assure the legitimacy and authenticity of content for fans
- What artists can package in their exclusive NFT collections