How are you everyone?Today I will discuss with you about the effect of cryptomusic on the music industry . I am young and my experience is very little so please forgive me if there are any mistake.

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Cryptocurrency and blockchain technology are changing the way we see, appreciate and own our industry. From visual art to audio, blockchain technology – and by extension, non-fungible tokens (NFTs) – is revolutionizing the industry. NFT music, or as it is more fondly called crypto music, is not new to the cryptocurrency space. But it wasn't until last year that tokenized music began to gain the right kind of media traction it deserved.
It started crypto music in 2020. And not without the help of exchange platforms.
Before we discuss how crypto music and how blockchain is changing the music industry, it's important to highlight the pioneers of music and cryptocurrency. Whose work helped pave the way for blockchain music and its adoption around the world.
50 Cent was one of the first major musicians to accept Bitcoin for his music, accepting Bitcoin as payment for his 2014 album, Animal Ambition. The $400,000 album is worth $7.7 million today in Bitcoin currency. Other musicians such as Bjork, who partnered with AudioCoin to release her album UTOPIA, Mariah Carey, Lana Del Rey, have also joined the cryptocurrency music craze. Well, it wasn't a frenzy; It was a revolution that helped music recording artists do more with their music.

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However, Crypto Music is much more than just accepting cryptocurrencies – or exchanging these currencies on exchanges, as Crypto Music started in 2020. And not without the help of an exchange platform like RedDot to pay for music.
What is crypto music?
Cryptomusic is a unique audio collectible, usually music (it can be a single track or an album), represented on a blockchain in the form of a token. Cryptomusic is unique because whoever owns the music token is the original owner, the rights to that music cannot be taken away. Each audio token comes with its own specific artwork, making the owner of the music or album the original owner.
Today's discussion ends here. I hope you find it interesting and able to understand. Share your thoughts on today's topic. Wishes and blessings to all.