Web3 creates a new genre of NFT-based music
Cointelegraph spoke to NFT musicians and web3 music industry natives to understand what came first: music or the desire to make an NFT.
InterviewMusic-related use cases for Web3 technologies are piling up as the industry builds on adoption. From democratizing song rights royalties and blockchain licensing to legacy companies like Sony Entertainment filing patents for Non-Fungible Token (NFT) authenticated music.
>Although electronic dance music and pop seem to get the most attention in terms of NFT music, they even make a difference in more traditional areas like opera.
Like any new tool, however, some designers make a living from fashion. This is often seen with "shitcoins" and pump-and-dump NFT projects, both of which have little to no long-term value or utility.
As musical NFTs become more popular, the hype follows. Hundreds of NFT music projects are popping up on Twitter, creating what can almost be considered a subgenre of NFT music.
The musical revolution is here
Supply: ...
Cointelegraph spoke to NFT musicians and web3 music industry natives to understand what came first: music or the desire to make an NFT.
InterviewMusic-related use cases for Web3 technologies are piling up as the industry builds on adoption. From democratizing song rights royalties and blockchain licensing to legacy companies like Sony Entertainment filing patents for Non-Fungible Token (NFT) authenticated music.
>Although electronic dance music and pop seem to get the most attention in terms of NFT music, they even make a difference in more traditional areas like opera.
Like any new tool, however, some designers make a living from fashion. This is often seen with "shitcoins" and pump-and-dump NFT projects, both of which have little to no long-term value or utility.
As musical NFTs become more popular, the hype follows. Hundreds of NFT music projects are popping up on Twitter, creating what can almost be considered a subgenre of NFT music.
The musical revolution is here
Supply: ...
What's Your Reaction?