NFTs and F-NFTs throwing the traditional music market off balance

4 pointsby cryptojournal5년 전2 comments

The music industry has been in a state of upheaval for the past decade. The arrival of streaming services such as Spotify and Apple Music has disrupted conventional models, bringing artists to a broader audience while eroding profit margins for labels and musicians. Artists are becoming frustrated with unfair royalty rates, limited resources for marketing, and data mining by third-party companies that profit from their hard work.

Now, we're starting to see a similar effect with cryptocurrency and blockchain technology. NFTs are a new technology that could potentially be applied to the problem of making music profitable again.

What if *FRACTIONAL OWNERSHIP* can be the solution?

You can read more about my 5-minute report in The Crypto Journal newsletter

https://thecryptojournal.substack.com/p/the-crypto-journal-issue-002

2 comments

loopsdirectory5년 전

Thanks for the research. I am a musician myself, and, I can say that I would defo go 100% into the blockchain if these things get real (with the copywritting)

cryptojournal5년 전

Do you have an account on Audius? I think that's a very good start :)

good luck