Non-fungible tokens (NFTs) have quickly emerged as a significant player in the digital space, revolutionizing the way we perceive art, collectibles, and other forms of digital assets. The music industry has not been immune to this disruptive technology, with numerous artists and industry insiders exploring NFTs’ potential to reshape music streaming platforms. This article examines the role NFTs may play in the future of music streaming platforms, the potential benefits, and the challenges this technology presents to artists, listeners, and the industry as a whole.
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