Make Money With NFTS  As A Music Producer, Composer, Musician 🎤🎼💸
Channel: Giouli Giannakandropoulou
Date: 04/09/2021

Make Money With NFTS  As A Music producer, Composer, Musician

A n NFT is a non-fungible token and it's part of blockchain technology that allows you to verify ownership of something that is digital just as you can buy fake versions of the mona lisa but we know which one is the real one this allows us with digital files like waves mp3s or gifs to say this one is the original and this person owns it and have it not be stolen which then creates value and that right there is why we're now interested in these for musicians since they need money asap if you haven't noticed so basically this is technology that allows you to sell gifts songs pictures or other digital assets as a one-off or even a 10 off and have the buyers be able to prove that they are the owner of a rare or limited quantity digital asset okay so i was skeptical of nfts until this weekend since all of the most annoying people i know who lost their life savings on bitcoin or gamestop stock we're now talking about this which turned me off but someone prides themselves on being the person who can find good sources and do a ton of research that helps me not do embarrassing takes i figured it was time to hit the books and talk to some smart people and now i have my take and that take is i regret to inform you that the most annoying person in your feed who talks about ethereum all day is unfortunately correct nfts are going to be the most consequential change in music since streaming music and itunes before that i also say youtube algorithms encourage us youtubers to be hyperbolic to get clicks and some of my peers really abuse this but i try to not and i really do believe what i just said or i wouldn't say it i think you will get that as you hear what i'm talking about and what i describe is going to be the future in these nfts let's first talk about why that is one of the most over quoted phrases about the music business is the hunter s thompson quote the music business is a cruel and shallow money trench a long plastic hallway where thieves and pimps run free and good men die like dogs there's also a negative side and the reason this is relevant to what we're talking about is you have never seen a bunch of people who will try to grab a quick buck like this business and even before it became far less profitable host the 1990 decline they would put their names on goddamn slap bracelets fanny packs and tons of other cringe just to make a goddamn buck seriously how much merch have you seen that no one should be wearing yet they will do anything they can to make sure that they get that out there and profit off of it i also say this as someone who manages some successful musicians and bands....

Thanks to Musformation // Jesse Cannon for this awesome video so many musician and producers would be interesteed in : https://www.youtube.com/watch?v=VMOyg8lGq4o&ab_channel=Musformation%2F%2FJesseCannon

#nftsandmusicproducers,#makemoneyasacomposer,#makemoneyasamusician,#nftsandmusicians