Yet another music label is exploring NFTs
Non-fungible tokens are similar to ordinary cryptocurrencies, but they hold artwork, video, audio and tickets instead of money. They are already transforming many industries, including the music business.blockchainPlenty of musicians have already ventured into the NFT scene. In March, Kings of Leon became the first band to release an album in the form of an NFT.
Earlier this month, Muse made history by becoming the first act to top the UK music chart as a limited edition NFT with its album called"Will of the People." It is worth mentioning that the album was also available in traditional formats.
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