Learn about 3 platforms that help audio content creators save their work as NFT
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Answer Learn about 3 platforms that help audio content creators save their work as NFT
From the end of the 19th century until today, from vinyl records to the Internet, the exclusive traffic economy in the audio and music content industry has become increasingly competitive.
In a world where record companies control copyright and Internet companies control user traffic, nearly 30% of all content creators have not earned a single cent from their audio creations.
Without a reliable source of income, only musicians and audio content makers can cater to the general public’s musical style preferences, which is undoubtedly a huge blow to new musicians who are still exploring their talents.
Artist Freddy Goot Magic commented:
Currently independent artists can make money from brands themselves in the NFT space, essentially removing the risk of undervaluation/fraud by corporate entities.
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NFT is a new vector of art.
Music-focused platforms NFT remove the middleman and lower the revenue share charged by the platform.
With NFT, music deals directly with users, providing a steady stream of income for musicians.
This beginner-friendly model allows owning user traffic and copyrights to their own work.
Here are some of the platforms that help audio content creators leverage their business as NFT:
1- Milos Studio platform:
Melos Studio is a web 3.0 platform for musicians with decentralized music delivery for musicians.
The platform allows anyone to create a work of music, save it as an NFT, and put it on the market for trading.
Musicians who have joined Melos as approved artists by placing an order on their website can upload original and copyrighted music to the platform, convert their music to NFT without any fees, and put it on Melos Marketplace for sale.
Melos selects outstanding musicians for the official release of their NFT music, providing them with greater NFT media exposure, as well as exposure to the community.
2- Bayanati platform:
Pianity is a web and marketplace application developed for musicians and audio content collectors that allows musicians to sell their digital creations to collectors in a digital marketplace.
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On this platform, collectors may trade, transfer, sell and display their proudly collected pieces on the platform.
Pianity restores artist status to musicians, provides them with a new source of income, and allows them to be more independent.
It helps musicians to share and promote their work to the fullest.
Led by Kevin Premesiro, CEO and co-founder of Pianity, the platform received investment from ViaBTC Capital.
3- Royal platform:
The Royal platform allows musicians to publish NFTs that include royalties for online broadcasts.
This platform provides a portal for all musicians to stay independent and creative.
On the Royal platform, musicians need to provide relevant information to become artists by submitting applications.
After that, they can sell a percentage of their revenue on the platform.
Fans can directly purchase ownership of these royalties using digital tokens.
This kind of joint ownership of royalties brings musicians and fans closer together, and the growth of musicians will be in the interest of their fans.
These three platforms are compatible with different types of platforms.
Among music creators and fans, audio 3.0 platforms are eliminating the medium’s monopoly on profits.
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Thanks to these platforms, new content creators can get a chance to bypass the traditional music dilemma and unleash their full potential.
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