Can NFTs revolutionise your music business in 2021…or is it just a 'phase'?


Summary:

- If you visualise an NFT as a digital, interactive, trading card, then you can make your first steps into picturing how you could use them for your music business.
- The biggest benefits fall into two categories: Royalties and Copyright. Ultimately, NFTs allow you to retain more control over your business.
- They’re not a magic bullet - you still have to cultivate an audience and create something that will resonate.
- The biggest issue facing NFTs is energy consumption.

https://www.carousel-creative.com/writing/can-nfts-revolutionise-your-music-business-in-2021

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