Turning up the volume: Blockchain projects aim to disrupt the music industry
Music is a tricky business. The industry has its fair share of controversies, from monopolies to the limited earning potential for up-and-coming artists. While Web2 brought many positive changes, the industry still has a long way. Because of this, projects are trying to utilize blockchain technology to provide new solutions for the age-old music market.
Over the last 10 years, the industry has changed drastically because of the internet and social media development. Artists have new mediums to share their songs, and fans have many new ways to engage with and support their favorite musicians.