Benefits of Music NFTs for Artists - PowerPoint PPT Presentation

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Benefits of Music NFTs for Artists

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Title: Benefits of Music NFTs for Artists


1
PrimaFelicitas
  • Benefits of Music NFTs for Artists
  • Artists can mint their own music to a blockchain
    and sell their NFTindependently.
  • Through decentralized platforms and organizat
    ions such as Friends With Benefits, SongCamp,
    Zora, and the like,artists are breaking into the
    Web3 music space and bootstrappingtheir unique
    fanbases through NFTs.
  • Unlike traditional music sales, which often
    involve complex licensing agreements and
    intermediaries takinga cut, NFT sales allow
    artists to directly sell theirwork to fans and
    keep a larger portion of the proceeds.
  • Music NFTs can help reduce piracy. Since each NFT
    is unique and cannot be replicated, it would be
    difficult for people to illegally copy and
    distribute album art.
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