How DeFi Can Deliver Value for Artists and Musicians

How DeFi Can Deliver Value for Artists and Musicians



The music business is infamous for short-changing artists. In what has change into an all-too-familiar story, a musician creates a tune that shapes tradition, solely to have distributors and middlemen revenue from their expertise, leaving the unique creator with few, if any, royalties. Taylor Swift, indie bands, rappers from the East Coast to the West: It appears as if each artist is destined to fall into the identical entice from the identical vested curiosity teams. While streaming companies have been meant to democratize the business, permitting expertise to blow up with out gatekeepers, artists nonetheless see few royalties from the worth they create – basically functioning as “content creators” for tech platforms, in alternate for distribution privileges.



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