Blockchain is quickly becoming an innovative force industry insiders promise for years. It is possible that the number of artists who offer their work using blockchain as a key technology could be changing the way musicians make a living.

Independent artists can earn an income from non-fungible tokens (NFTs), and interact with their fans without depending on streaming services like Spotify (NYSE:). 3LAU and NFT were issued in March. Producer of electronic dance music, sold more than $11 million worth of tokens redeemable for real-world goods — including music — in addition to a $3 million token holder who bid for the right to collaborate with the artist. Paul Oakenfold was another popular EDM DJ who announced his intention to be Launching a tokenized albumThe blockchain.