Web3 and Metaverse are Overcomplicating the Music Industryby@metapunk

Web3 and Metaverse are Overcomplicating the Music Industry

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We have web3 pundits claiming that NFTs and decentralization will give artists the power back into their hands and not the labels or streaming platforms. Then we have metaverse startups saying that people want to flock to virtual experiences to feel more connected to their favourite band or singer? Seen many people on the subway or bus logging into a 3D world to listen to Harry Styles lately? Didn’t think so.

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