Music artists are making what they’d earn from 1 million streams in ‘2 minutes’ with NFTs

Fortune,
28 April 2022, USA

Rapper, songwriter and entrepreneur Snoop Dogg dropped Death Row Session: Vol. 2 as a non-fungible token, or NFT, on platform Sound.xyz. All 1,000 copies quickly sold out for a total of 100 Ether, or just over $300,000, in a single day.

Up-and-coming musicians are also increasingly turning toward the space as a more appealing way to earn a living than the options they may have in the traditional music industry. Rather than relying on a label or a streaming service, blockchain technology allows artists to control their pricing, earn royalties in secondary market sales, and connect with their community. 

https://fortune.com/2022/04/27/music-nfts-web3-snoop-dogg-crypto-artists/