Ticketmaster taps Dapper Labs’ Flow blockchain to release tickets as NFTs

Decentralized lending to help venues grow — without Live Nation money

One question Royal raises is what happens if every song has its own stans who benefit financially the more it is played.

Music NFTs build superfan communities. Fans can build relationships with their favorite artists. Artists can identify and monetize from fans.

Musicians are early adopters of tokens given the industry’s predatory economics. Some artists have innovated in new ways: the Grammy-winning artist RAC launched $RAC last fall, powered by Zora protocol. Fans can’t buy $RAC; they can only earn it. RAC distributed $RAC retroactively to fans based on their fandom—whether they’d been a Patreon supporte... See more

The project is currently securing partnerships with a number of undisclosed high-profile artists, and plans to let fans begin backing music productions in October. After building and validating a product around music ownership, the team plans to expand their approach to other royalty-generating assets––both digital (TV licensing, YouTube content cr... See more