How Musicians Can Make Money through NFTs
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There’s a problem with the way musicians make the bulk of their revenue today. Typically, artists make a large share of their revenue through online streaming services, like Spotify, Apple Music and Tidal. But after all of the talent, creativity and hard work they put into their music, they typically only accrue 12% of the revenue generated from their music on these streaming platforms. With artists accruing only approximately USD .0006 per stream on these platforms, combined with only 12% of the revenues going towards them personally, the gains from streams are minimal. If an artist manages to put out a song that has 100 million streams,
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