Fairness Rocks News NFTs for copyrights: Why non-fungible tokens could transform who gets paid from music rights, and how

Home Industry News NFTs for copyrights: Why non-fungible tokens could transform who gets paid from music rights, and how

Author: Tim Ingham

Date: March 15, 2021

Original Source: Music Business Worldwide

Industry News

NFTs for copyrights: Why non-fungible tokens could transform who gets paid from music rights, and how

Non-fungible tokens (NFTs) are all the rage in the music industry right now.

DJs like 3LAU and Steve Aoki have sold theirs for seven-figure sums. Kings Of Leon just racked up around $2 million selling them bundled with their new album. And, ever the auteur, Grimes recently sold a bunch of NFT-affiliated artwork for around $6 million in just 20 minutes.

Read More: https://www.musicbusinessworldwide.com/nfts-for-copyrights-why-non-fungible-tokens-could-transform-who-gets-paid-from-music-rights-and-how/