So unless you’ve been on an internet-break for the past two years the terms NFTs, Ethereum, Cryptocurrency, and Blockchain have more than likely surfaced on your newsfeed somewhere. Of course, the language of money is universal so it’s no doubt the concepts would spread across all genres of music!
From A-List rappers such as Eminem, Post Malone, and Snoop Dogg, to the top EDM DJs such as Steve Aoki, Don Diablo, Deadmau5, Grimes, Getter, 3LAU, and UZ, a multitude of artists have found a new way to take control of their money combining current industry tactics with the new emerging decentralized world of digital currency & assets! There is no doubt that Non-Fungible Tokens (NFTs) and Blockchain technology will revolutionize the Electronic Music Industry.
So what are Non-Fungible Tokens? The technical term for an NFT is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded.
Essentially, this can be any form of...