• Tencent Music Data Institute: NFT deal may expand musicians’ copyright revenue

  • Tencent Music Data Research Institute released the “2021 Chinese Digital Music Annual White Paper”. The white paper shows that this boom in the NFT market in 2021 has also penetrated the music circle, with globally renowned musicians testing the waters and head music companies and platforms coming down one after another. For musicians, music NFT is undoubtedly a complement to the current income dimension. nft deals can also bring more possibilities for musicians to further amplify their copyright revenue.

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