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Are you Investing in Music NFTs?

Published on 06 Sep 2022 / In Music

#nft #music #investment #blockchain #crypto #token #money #rarible #OpenSea #business

► Are you Investing in Music NFTs?

When people think of NFTs, they may most commonly think of digital art. Beeple's $69 million sales of a digital collage at Christie’s and the Bored Apes Yacht Club collection show that visual art is the most prominent use case for NFTs because there are close similarities with traditional art investing. Digital art can be viewed and replicated endlessly online and this has led to confusion among some consumers about what they're buying. Non-fungible tokens are not always applied to pictures but to many other applicable categories as well. One such category is the industry of music which has seen a fast-growing ecosystem because of interest. In 2021, the total revenue for the music industry amounted to 61.82 billion U.S. dollars. However, only 12% of this goes to content creators as a significant portion of the profits is absorbed by intermediaries. The artist has minimal control over how their music is distributed and little visibility into who is streaming it. The exact figures vary across sources but the message is all but the same: The artist is getting shafted! However, now, with the blockchain revolution, there are many new platforms that will help artists, music makers, and filmmakers. New blockchain-based platforms are launching to give power back to the people so that musicians can distribute their work for a fraction of traditional costs.

For today’s video, exclusive for NFT Nuggets members, we are going to talk about the new trend in town which is Music NFTs. So if you are an artist yourself or planning to invest in some Music NFTs then this video is for you.

Thank you for watching this video. We encourage you to subscribe to our channel NFT Nuggets. Our channel is a culmination of our experiences and content that motivates us.

Here are just a few YouTube channels that continue to inspire us.


► Gary Vee https://www.youtube.com/channe....l/UCctXZhXmG-kf3tlIX
► Max Maher https://www.youtube.com/channe....l/UCLr9nHPNpj7U3096n
► DCL Blogger https://www.youtube.com/channe....l/UCn_tz_81xsEIPjIXV
► Brett Malinowski https://www.youtube.com/channe....l/UCsg20ERGZt9eHVZRX
►NFT Verse https://www.youtube.com/channe....l/UCf9cq3uePT1qmE5RN
►Open Sea https://www.youtube.com/channe....l/UCAOP-TQbG9KPqXIiB

- Metaverse

► Decentraland https://www.youtube.com/channe....l/UCLXcTgzr05cFZaN97
► The Sandbox Game https://www.youtube.com/channe....l/UCzv1t7voB-bxMmXLy
► Somnium Space VR https://www.youtube.com/channe....l/UCabT6LiDZv4cXQRPD

- NFT Gaming

► Axie Infinity https://www.youtube.com/channe....l/UC6AG8_DOvAfKvWsTT
► SoRare https://www.youtube.com/c/SorareHQ
► Kevin Smak https://www.youtube.com/c/kevinsmak
► God’s Unchained https://www.youtube.com/channe....l/UCGQ1oWpKFfjsLYiTY
► Crypto Kitties https://youtube.com/channel/UC....lUgQBJcxAmHjOQgV4QgV
►On Chain Gaming https://www.youtube.com/c/OnChainGaming
►What To Play Channel https://www.youtube.com/c/whatoplaychannel

Thank you for subscribing to the NFT Nuggets Channel on YouTube. We will be showing you the latest news, tips and tricks related to NFTS, Virtual Real Estate, and NFT Gaming. This will include How To’s, DIY’s (Do It Yourself), DFY’s (Done For You’s), Affiliate Marketing, Shameless Promotion, Minting NFT’s, and making money with NFT’s. The possibilities are truly endless. Whether it’s buying collectible NFT art or buying virtual real estate next to Snoop Dogg and renting your virtual land-we got you covered. Whether you are a beginner or a veteran, we are creating and curating content about this amazing segment of Web 3.0 and we are delivering content to you on a daily basis. Make sure to hit the subscribe button if you haven’t already and feel free to comment and ask any questions you may have down below. Enjoy!

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