NFTs are taking the music biz by storm. The first salvos have revolved around collectible items, but it's only a matter of time before royalty payments and catalog sales enter the fray. Here's a collection of recent news and analysis pieces to help you bone up on the topic (and stay tuned!)
Why NFT Sales in the Music Business Are Still the Wild West — and How It Might Be Tamed (Variety)
Fractional ownership could also pose difficulties with the SEC which may deem these fractional sales as a form of security.
Paperchain NFT Explainer (Paperchain)
One thing that cryptocurrencies and NFTs do well is reward participation in communities and the next wave of successful artists will be those leveraging the technology and the market dynamics of NFTs to build monetized communities that reward the artist and the their audiences
Music Rights and NFTs: What should we (realistically) expect? (Music-Tomorrow)
As NFT offers turn from digital memorabilia into real financial assets supported by music copyrights, we might be looking at a radically new way for artists to fund their careers and establish the value of their art.
The biggest music catalog transactions in the last week
Influence Media Buys Catalog of Grammy-Winning Songwriter Julia Michaels
Hipgnosis Songs Buys Mixing Engineer Andy Wallace's Catalog