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Explained: How NFTs have changed the way music sells
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cnbctv18.comNon-fungible tokens or NFTs have taken the world of art and music by storm. These digital tokens, which represent various types of unique assets in the digital world such as art, music, videos, and even tweets, are being sold for millions.
They can be bought and sold, but do not have a tangible form.NFTs are particularly revolutionising the way music sells. While the industry has managed to keep pace with technological advances in the field, it has struggled to strike the right balance in terms of providing fair compensation to the artists for their work.
NFTs provide the perfect fix for this problem. Artists can not just expect better compensation now but also interact with their fans and release their music on their own terms.“NFTs also
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