What are NFTs? How can you use them to make more money next time you release music? Are NFTs the future of the music industry?
A producer that goes by the moniker of 3LAU just made $11.7 Million releasing an album in the form of digital tokens called NFTs.
NFT stands for “Non-Fungible Token”
They’re unique digital tokens that use blockchain technology that prevents them from being replicated. Blockchain is the technology behind cryptocurrencies like Bitcoin and Ethereum.
In this video, I’ll explain why these NFTs can (sometimes) be so valuable and how to create your own NFT with your music.
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