How exactly do music NFTs plan to change the music industry?
macbudkowski.substack.com
What’s the problem with the music industry? Well, artists don’t make enough money. Over 7.000.000 artists published their music on Spotify. Only 0,19% of them made more than 50k$ - a median annual US wage - from the platform’s royalties in 2020. Bear in mind that more than 95% of artists haven't even made $1K a year.
How exactly do music NFTs plan to change the music industry?
How exactly do music NFTs plan to change the…
How exactly do music NFTs plan to change the music industry?
What’s the problem with the music industry? Well, artists don’t make enough money. Over 7.000.000 artists published their music on Spotify. Only 0,19% of them made more than 50k$ - a median annual US wage - from the platform’s royalties in 2020. Bear in mind that more than 95% of artists haven't even made $1K a year.