• Decentralized Ownership: NFTs in music enable artists to tokenize ownership, allowing fans to possess unique, verifiable digital assets representing songs or albums.
• Royalty Transparency: Smart contracts embedded in NFTs streamline royalty distribution, ensuring artists receive direct and transparent compensation for their work.
• Fan Engagement: NFTs enhance fan engagement by offering exclusive perks such as concert tickets, backstage access, or limited edition content, creating a closer connection between artists and their supporters.
• Innovative Revenue Streams: Musicians can explore new revenue streams through NFT sales, opening avenues beyond traditional music distribution channels.
• Preserving Intellectual Property: NFTs provide a secure and immutable way to establish ownership and protect intellectual property rights, fostering a more equitable music ecosystem.

Read More: https://www.leewayhertz.com/nft-in-music/