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Why Musicians Need NFTs with Ed Young, CEO of NFT.hiphop
nft now podcast
The Future of Hip Hop?
The music industry, royalties rule. With the theorium or any of the other platforms, the royalties are on the market contract, not on the chain. And that's pretty significant, because if you logically extend, once people get sophisticated, they're going to hold their nfts in a non custodial and can then sell them ho they want. But the royalties not being on the chain mean that you could lose the royalties. So i looked around and i was like, where do you not have that? Where you have on chain royalties? And i found near, and the folks over at near protocol. And eventually this will be fixed, i assume, because it's so critical what the
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