Possible Perks of Getting into Music NFTs Industry

As all of the Music NFTs platforms are working on some type of cryptocurrency, as the Ethereum one, you would first need to get a general understanding of how the crypto world works.


Do not get disappointed at this point, as the current technologies have already made your process of interacting with cryptocurrencies much user-friendlier. Have a smartphone or a laptop? Then you are ready to buy some of the best music NFTs in the music industry.


Here we will provide you with very specific guidelines on how you can make that happen so that no questions or misunderstandings would appear: simply follow our recommendations, and that is it! We already talked about the fact that with the help of music NFT, artists now have an opportunity to take back control over their own music art, but this is quite vague and hard to understand what it means in particular, right?


Well, for example, it means that you do not have to deal with the unsatisfying conditions of different record companies, as well as with the consequences of them: when you are poor and young, you will be glad to sign any contract that any record corporation will offer you, but with time passing by, you will regret making that choice.


The same thing as described above happened with "A Tribe Called Quest" hip-hop group: their representative company, called PPX Enterprises, and in particular, Ed Chalpin that used to negotiate for the boys of the hip-hop group, did not tell the A Tribe Calle Quest anything about them receiving a percentage out of every sell of their albums, as well as about having a share in the settlement, which PPX had sold just earlier this year.


This example shows us how unprofessional and disappointing a record company can behave, which is exactly why musicians are better off with NFTs, where they can control everything.

Publicado en Technology en mayo 20 at 06:00
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