From the end of the 19th century to the present, from vinyl to the Internet, the “play volume economy” faced by the music industry has become increasingly fierce. Record companies have controlled copyrights, Internet companies have mastered traffic distribution, and nearly 30% of musicians have never received a point from music. money profit. Musicians lack a reliable source of income, and their musical styles can only cater to the public’s aesthetics. This is undoubtedly a blow to newcomers who are still studying on the road of music.

However, my love for music did not make me flinch. Since the traditional music industry is unable to move forward, it is better to open up a new path, and the first NFT music album “Audiovisual” released by Studio Nouveau brought me into the era of music NFT.

“Independent artists can make money on their own in the NFT field, which fundamentally eliminates the risk of being underestimated, deceived, and dependent on the company.” This is a new artistic medium, and the music NFT platform can remove the middleman and reduce the platform’s share, Music works can be directed to users, allowing musicians to obtain continuous income. This is undoubtedly the most friendly form to music newcomers, who can have their own traffic and control the copyright of their own works. By learning the relevant knowledge of music NFT, I began to try to create my own works with the NFT music platform, and got my first income. Here are a few good platforms to recommend. If you also love music, let’s make music with NFT !

1. Melos Studio

Melos Studio is a decentralized metaverse + music Web3.0 creation platform for musicians and creators. Melos allows anyone to create music, which can then be saved as an NFT and put into circulation.

Musicians only need to apply to join and become Melos-certified artists on the website, then they can upload original and copyrighted music on the platform, and cast their music works into Music NFT without any fees, and they can also be listed on the Melos Marketplace for sale. The platform will select excellent musicians and hold official music NFT releases for them, so that musicians have more media exposure in the NFT and music world.

2. Pianity

Pianity is a web application and marketplace for musicians and collectors. Pianity enables musicians to sell their digital musical compositions to collectors. Collectors can trade, transfer, sell and proudly display their collections on the platform. Pianity returns the status of art to musicians, giving musicians a new source of income, making them more independent, and helping to share and promote their work as much as possible. Pianity CEO and co-creator are Kevin Primicerio, and the platform has received investment from ViaBTC Capital.

Musicians first need to apply for artist status on Pianity, and then they can mint exclusive music NFTs on the platform without fees, but the uploaded works need to be voted by token holders to decide whether they can be listed on the platform. After the online music works can be sold on the platform in the form of auction or buy-in, NFT buyers cannot use it for commercial purposes. On Pianity, musicians can not only get 80% of the total revenue of the primary market, but also 8% of the total revenue of the secondary market, all income will be automatically distributed to the musician’s Pianity wallet.

3. Royal

Royal allows musicians to issue NFTs that include royalties for online streaming. Royal opens doors for all musicians to remain independent and creative.

Musicians need to submit information on Royal to apply for artist status, and then sell a percentage of song royalties on the platform. Fans can directly purchase the royalties of songs in the form of tokens. Co-ownership of copyright makes musicians and fans more closely linked, and the growth of musicians will also bring win-win to fans.

The above three platforms correspond to different types of platforms. Melos Studio is a music creation platform with a bigger picture. Such platforms want to build a complete business ecosystem on the chain. Pianity is a collection NFT platform. The commodity value of NFT is mainly reflected in social value, and Pianity’s strong token incentives are an important factor in helping projects acquire users. Royal is a royalty NFT platform dedicated to putting revenue from the traditional music industry on-chain.

The Web3.0 music platform connects music creators and fans directly, rejects the monopoly of middlemen, and gives us new music musicians the opportunity to break the predicament of traditional music and realize the value of our own musical talents.