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

4 pointsby cryptojournalover 3 years ago
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.<p>Now, we&#x27;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.<p>What if *FRACTIONAL OWNERSHIP* can be the solution?<p>You can read more about my 5-minute report in The Crypto Journal newsletter<p>https:&#x2F;&#x2F;thecryptojournal.substack.com&#x2F;p&#x2F;the-crypto-journal-issue-002

1 comment

loopsdirectoryover 3 years ago
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)
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