News > Crypto art could become a primary source of income for musicians and potentially cut out major labels

Crypto art could become a primary source of income for musicians and potentially cut out major labels

Business Insider | 21/03/2021 07:54 PM | Click to read full article

NFTs have already generated millions for artists, breaking digital art records. Crypto art could expand the music industry's $11 billion market. Artists can claim independent revenue by selling NFTs on their own, cutting out major labels. Crypto art could soon upend the music industry.

The sale of digital assets - also known as non-fungible tokens or NFTs - has already generated millions for artists and could change the power structure and profitability of the music industry.

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