How to Make Money With NFTs? Artist Earns $60K in Switch From Spotify to Web3

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A savvy cadre of recording artists has been utilizing the brand new, blockchain-based digital frontier typically referred to as web3 to do what they’ve all the time dreamed of: Earning money by making music.

The income they’re incomes from promoting their songs and music as nonfungible tokens, or NFTs, is considerably bigger than the pennies they pull in from streaming providers resembling Spotify. On the similar time, they’re offering a tangible use case for components of web3, the popular nomenclature of enterprise capitalists who spend money on on-line providers constructed utilizing blockchain expertise, the place management isn’t concentrated in a single enterprise entity.

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