COMMUNITY
PHOTO SOURCE : ONE37PM . COM
Music NFTs
Is the future of music here ?
BRENTON E . HUND WarnerMedia brenton . hund @ warnermedia . com
“ I ’ m in favor of progress ; it ’ s change I don ’ t like .” – Mark Twain .
“ Video killed the radio star .” – The Buggles
The history of music is the history of
30 November / December 2021 technology , and the history of technology is the history of change . NFTs – nonfungible tokens – are capturing headlines this year . 2021 NFT sales are approaching $ 20 billion , an increase of almost 80 times over last year ’ s $ 250 million . Christie ’ s Auctions even made news in March when it sold Beeple ’ s digital art NFT , Everydays , for $ 69 million .
NFTs have crossed into the music space , with established and emerging artists now