Tag: NFT Music News

Reshaping & Innovating the Music Industry Through NFTs

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Over the course of the last two years, NFTs have taken creative industries by storm, and the music industry is no exception. A never stopping rate of innovation within this space, coupled with benefits of decentralization, has brought a period of substantial changes in the way we perceive the interaction between the artist and the fan. As the music NFT space is developing at a significantly fast pace, the legacy music business structures are being challenged, while more and more creators are interested in using NFT technology to raise funds,…

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TokenTraxx NFTs Look to Take on the Mainstream Music Industry

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One of the stand-out use cases for NFTs materializing over the last year, is the potential to revolutionize the music industry. The latest platform to try its hand at disrupting the current system is TokenTraxx. An innovative music curation vehicle looking to transfer power into the hands of musicians and fans. To achieve its worthy goal, TokenTraxx will liaise directly with the artists under its wing, providing a firm foundation to build out an all-inclusive, community-driven platform. For its initial offering, they will enable tokenized songs, albums and merchandise controlled…

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