Web3 is revolutionizing music and art copyright by enabling decentralized ownership and monetization. Blockchain technology ensures transparent, immutable records of intellectual property, allowing artists to retain control over their work. Smart contracts automate royalty distribution, ensuring fair and instant payments. NFTs enable unique digital assets, empowering creators to sell directly to fans, bypassing intermediaries. This fosters greater financial independence and creative freedom for artists while protecting their rights. Challenges like high transaction fees and environmental concerns remain, but Web3’s potential to reshape copyright management is transformative.

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Web3 is revolutionizing music and art copyright by enabling decentralized ownership and monetization. Blockchain technology ensures transparent, immutable records of intellectual property, allowing artists to retain control over their work. Smart contracts automate royalty distribution, ensuring fair and instant payments. NFTs enable unique digital assets, empowering creators to sell directly to fans, bypassing intermediaries. This fosters greater financial independence and creative freedom for artists while protecting their rights. Challenges like high transaction fees and environmental concerns remain, but Web3’s potential to reshape copyright management is transformative.

Source: https://www.coindesk.com/