Pavel
As we enter the realm of 2023, the popularity and the widespread adoption of NFTs is increasingly underway. Decentralization has taking the creative arts by storm as the number of blockchain based projects within the music industry continues to grow at a rapid pace. As a result we...
This year has so far proved to be a very fruitful time within the music NFT ecosystem. The overall interest in the technology is increasing and the communities of music artists and CryptoArt collectors are growing at a rapid pace.
These processes are also reflected in the amount of...
Welcome back to Part Two of the State of Things in Music report. Last week we released Part One, highlighting projects, trends and processes that are happening within the music3 space, as well as the potential future consequences and considerations.
As we have seen in the past one year,...
The last decade has proven to be extremely eventful in terms of the adoption and application of blockchain-based technologies all across the world. The rise and mass adoption of cryptocurrencies has been followed by a formation of an ecosystem of digital collectibles, where the benefits of decentralization have...
Over the course of the last two years, NFTs have taken creative industries by storm, and the music industry is no exception. A never stopping rate of innovation within this space, coupled with benefits of decentralization, has brought a period of substantial changes in the way we perceive...
Day to day, NFTs are increasingly receiving more attention and interest all around the world. As a result of this growth in popularity, the interaction with the technology is on the rise for both creators and collectors, which in turn leads to an unprecedented amount of innovation and...
In 2021 almost $41 billion was spent on NFTs and we witnessed a mainstream adoption of the technology on a grander scale than ever before. Even though only approximately $80 million of that came from the primary sales of music-related NFTs, it is precisely why the space has...
