How are Music NFTs Changing The Music Industry? | Binance Blog

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NFTs are changing the world with their innovative technology and many industries are jumping onto the train, the music industry being one of them.

, NFTs are stored in a distributed ledger, making them hard to forge. Through NFTs, artists can claim full ownership of their music without having to share their profits with intermediaries like music labels or lawyers.There are a few different forms of NFTs in the music space. Let’s explore the different ways NFTs have changed the traditional way you can experience music.Always wanted to own the first-ever vinyl of your favorite song or album? Now you can.

that features unreleased new songs and exclusive music pieces composed by Trey Songz himself. Another set of NFTs in the collection includes other rewards such as newest songs, opportunity to have zoom calls and once in a lifetime music co-creation with Trey.Artwork plays a big part in a musician's artistry and, to a certain extent, income. Digital artwork and pictures can include limited edition album covers, posters and exclusive behind-the-scenes images from concerts.

 

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