What is crypto music?

Congruously, it is the first truly mainstream example of what many in the industry are referring to as “crypto music.” The defining characteristic of crypto music is the use of NFTs. A music NFT could encompass anything from an album, song, piece of merchandise (t-shirts, stickers etc.) or album artwork.

What is crypto and how does it work?

What is Crypto? Cryptocurrencies are digital tokens that use cryptography for their creation and security. Bitcoin was the first, but thousands more have come. In the past few years, thousands of new cryptocurrencies have appeared, all claiming to offer something a little different.

Will crypto music change the music industry faster than vinyl?

Should crypto music — through a combination of greater democratization and proliferation — meet these challenges, it may very well change the music industry faster than the invention of the vinyl record or compact disc. This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”).

Can I convert cryptoassests back into cash?

There is also no guarantee that you'll be able to convert cryptoassests back into cash, as it may depend on the demand and supply in the market. Plus, fees and charges may be higher than with regulated investment products. What is Audio? Audius is a crypto-powered music streaming platform.