Music artist are now turning to Blockchain and NFTs
MHE Crypto NFT Music Group
With the new emergence of technology, the music industry has changed drastically for years now. From cassette tapes to CD’s, then Ipods to streaming. What would be next? Answer, Blockchain technology and NFTs (non-fungible-tokens). With the new hype and innovation in crypto world. NFTs have been the biggest trend and new guy on the block in the tech world. But why?
To have a simple answer would be a lie. So, to make it simple, the reason for this new hype in the crypto space is: OWNERSHIP! Right now the biggest threat and commodity is User Data. Every centralized application you use from your phone to smart TV tracks all your information of what you do, how you use it, and where you are going. This information and data are then sold to millions of other companies to use to come up with a better way to understand you for shopping, schooling, Politics, Ethnicity, Finance, and more.
