As the music industry continues to evolve, so too does the way that artists are able to monetize their work. One of the latest trends is the use of non-fungible tokens, or NFTs. NFTs have been used in a variety of industries, but they are particularly well-suited for the music industry. By using NFTs, artists can sell their music directly to fans and collect royalties every time the song is played. In addition, NFTs can be used to create unique experiences for fans, such as exclusive access to concerts or meet-and-greets. There are a number of platforms that are already using NFTs to sell music. Some of the most popular include Ujo Music, Choon, and Musicoin. In addition, a number of major labels are beginning to experiment with NFTs, including Warner Music Group and Universal Music Group.
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