@galactic42knight
The rise of the "cryptocurrency + music" track leverages blockchain to transform music copyright and revenue distribution. NFTs and smart contracts enable artists to secure ownership, automate royalties, and ensure transparent, instant payouts, bypassing traditional intermediaries. Audius, a decentralized streaming platform, empowers artists with 90% of revenue via AUDIO tokens, boasting 6 million monthly users and TikTok integration, signaling strong growth potential. Royal lets fans invest in songs for royalty shares, backed by a16z, appealing to top artists like 3LAU. Both projects promise scalability, though they face regulatory and adoption hurdles in a competitive market.
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