Music NFTs are unique digital items comprised of a visual element but also have a musical component
Some analysts believe that music NFTs are the future of the music industry, while others say they might just be a fad that’s here today and gone tomorrow.
NFTs are non-fungible tokens. They are unique digital assets that live on the blockchain and can either be one-of-a-kind or one copy of many.
So, what are music NFTs?
Well, they are unique digital items comprised of a visual element like NFTs but also have a musical component. They also live on the blockchain and can be bought and sold.
Some analysts believe that music NFTs are the future of the music industry, while others say they might just be a fad that’s here today and gone tomorrow.
Les Borsai, the Co-Founder of Wave Digital Assets joined us to discuss.
