Source | Medium
Giving power back to the artists
The music industry has been providing entertainment to people for decades. As technology has advanced, fans have had more options and accessibility to listen to their favorite artists. Even with all the improvements, musicians today face many issues. NFTs can help solve some of these.
Issues in the industry
One issue in the music industry is that most artists do not get a large share of the revenue from their music. Revenue has to be spread out to all participants, which can include record labels, managers, distributors, promotors, public relation companies, producers, songwriters, sound engineers, and more.