The internet has changed the music industry in countless ways, from how music is distributed and consumed to how artists connect with their fans. But with the rise of Web3, we're witnessing a new wave of innovation that has the potential to transform the industry yet again.
If you’re new to Web3, think of it as a new and novel way of using the inter- net. It utilizes decentralized technologies, such as blockchain, to empower artists with greater autonomy, control, and security in monetizing their work online.
This allows for greater decentralization in the music industry, which could significantly impact the way artists generate revenue, retain financial and creative control, and interact with their fans in a more transparent and direct way.
