Josh Savage, the highest-grossing independent UK Music NFT artist, is dropping his Music NFT through TokenTraxx on Polymesh!

https://t.co/ID7du1ggUG

In an exclusive interview with Polymesh 👆🏽, Josh revealed how tokenization on Polymesh is a route to survival:

"The traditional route in music is broken. It's not sustainable for us artists. We used to be able to rely on selling our music as CDs and MP3s and now we get very little income. We spend thousands of dollars to just create, and also hours. Even touring is not sustainable anymore because energy prices are so high now."

Record deals often require artists to sign away as high a 85% of future income from their songs. For Josh, a better way of producing music has been through Music NFTs, which offer a way to sell music free from predatory intermediaries and empower artists to rely on third parties they want rather than need.

Tokenizing his music on the blockchain offered Josh an alternate route to monetization, enabling him to make more music–although the best part for him was seeing his fans gain from it.

Josh's story goes to show the power of blockchain for the creative arts and performing space. Watch the interview to hear what Josh's NFT on Polymesh entails for token holders and the industry more widely!

@joshsavagemusic @TokenTraxx #MusicNFT #NFTCommunity #NFT