NFT Market research is an intelligence report with meticulous efforts undertaken to study the correct and valuable information. The data that has been reviewed takes into account both existing top players and upcoming competitors. The Music NFT market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others.
Music NFT is simply an NFT that is tied to music. It can come as a single song, an entire album, a music video, or even a generative piece of music; in other words, a composition created using a computer program that algorithmically inserts random patterns, colors, sounds, or shapes into the piece. . Although the rise of streaming platforms has created something of a golden age for fans by giving them easy access to virtually any song, it hasnt been so kind to artists. Current music industry business models seem to reward major labels and platforms, often at the expense of independent creators who are the lifeblood of the industry.
Source : news.google.com/__i/rss/rd/articles/CBMiaWh0dHBzOi8vd3d3LmRpZ2l0YWxqb3VybmFsLmNvbS9wci9tdXNpYy1uZnQtbWFya2V0LWlzLWJvb21pbmctd29ybGR3aWRlLW9wZW5zZWEtbmlmdHktZ2F0ZXdheS1tYWtlcnNwbGFjZdIBAA?oc=5 undefined - November 13, 2022