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NFTs democratize music industry and redistribute song rights

EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song — including fans.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

NFTs democratize music industry and redistribute song rights

EDM artist R3HAB and music community anotherblock are using NFTs to share song royalties with everyone involved in the process of launching a song — including fans.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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