The Future of Music: Why Web3 Needs Creator-Led Environments

Media Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/the-future-of-music-why-web3-needs-creator-led-environments.
With Web3 tech and blockchain-based platforms, artists were promised more control over their music and fairer compensation for their work.
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The music industry has been disrupted by technology time and again, and blockchain is the latest game-changer. With [Web3] tech and blockchain-based platforms, artists were promised more control over their music and fairer compensation for their work. Several NFT marketplaces effectively cutting out creator royalties, it became clear that the emerging ecosystem was not yet delivering on its full potential.