Cryptocurrencies are digital currencies that use blockchain technology to ensure their security, transparency and decentralization. Music is an art form that expresses emotions, ideas and culture through sound. Both have something in common: innovation.
In recent years, some musical artists have begun to use cryptocurrencies and NFTs (non-fungible tokens) to create, distribute and monetize their works. NFTs are unique and unrepeatable digital objects that can be bought and sold with cryptocurrencies. Some examples of musical NFTs are:
The album When You See Yourself by the band Kings of Leon, which was released in NFT format with exclusive content and benefits for fans1.
The video clip I Can't Breathe by the singer H.E.R., which was auctioned as an NFT and raised more than $50,000 for an anti-racism foundation2.
The song Ocean Front Property by musician Gareth Emery, which was sold as an NFT for over $200,000 and gave the buyer the right to receive 50% of the royalties3.
These are just a few examples of how music and cryptocurrencies are coming together to create new forms of art and value. Would you like to know more about this topic? You can consult some of the following articles.
Cryptocurrencies and Music: A relationship that makes more and more sense thanks to NFTs
Digital music and NFT, the future of musical artists?
A new stage of music and visual art through technology
Music generated according to the price of the main cryptocurrencies
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