NFT stands for “Non-Fungible Token” They’re unique digital tokens that use blockchain technology that prevents them from being replicated. Blockchain is the technology behind cryptocurrencies like Bitcoin and Ethereum.
In this article we’ll cover the following topics:
- NFTs Will Change The Music Business More Than Spotify Did
- How To Make NFTs For Music | $11.7 Million Album Release
- Make Your Own NFTs (Non-Fungible Tokens for Musicians)
NFTs Will Change The Music Business More Than Spotify Did
In this video, Jesse Cannon (YouTube) discuss how he sees NFTs changing music and the music business and how it will become one of the main income streams for musicians.
He breaks down:
- What NFTs will be for music musicians and what they will be selling
- How NFTs will roll out starting with art and moving to music, live show experiences etc.
- Why selling master files of song will become the marketplace and a huge profit model that will dominate the music business.
- Why people are wrong about using trading cards for music sales.
- Are NFTs in music just a trend? ► How will NFTs help DIY musicians?
How To Make NFTs For Music | $11.7 Million Album Release
What are NFTs? How can you use them to make more money next time you release music? Are NFTs the future of the music industry?
A producer that goes by the moniker of 3LAU just made $11.7 Million releasing an album in the form of digital tokens called NFTs.
In this video,JamMob (YouTube) explains why these NFTs can (sometimes) be so valuable and how to create your own NFT with your music.
Make Your Own NFTs (Non-Fungible Tokens for Musicians)
NFTs seem to have taken the world by storm in recent months, with everyone from artists to entrepreneurs jumping into the space to cash in on the action. But what about musicians? How can we take advantage of the opportunity? Well, last week, Tom DuPree III (YouTube) went through the process of creating his very own non-fungible tokens, and in this video, He’s going to show you exactly how I did it.