Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: codehash on November 28, 2021, 01:17:07 AM
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The music industry has undergone a massive transformation in recent years. We have seen the advent of the internet leave its mark on music, and most notably, 1999 spelled the coming of Napster. This then-revolutionary peer-to-peer online streaming service defined a whole generation and enabled musicians to share their creations with the world.
Streaming has become the dominant format for music today, through Apple, Amazon, Tencent Music and the clear category winner — Spotify. The goal of distribution services and platforms like Spotify is to enable and empower artists to create more without worrying about anything besides honing their craft.
(https://s3.cointelegraph.com/uploads/2021-11/46668976-2b91-47c6-86e6-902fb6dc1f7e.png)
https://cointelegraph.com/news/online-content-streaming-is-dead-long-live-the-music-nfts
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I am starting to see the big potential of NFT in music or music in NFT whichever you would like to look at it. And there are now some platforms focusing on this possibly huge market really redefining music distribution and ownership. With music touching the lives of billions of people worldwide, one should not wonder why there can be an avalanche of players on this NFT music market coming in soon. Right now, am supporting two big projects that are involved with music and NFT.