NFT can be used by artists in novel ways that provide new revenue streams and new ways to engage with their fans.

NFTs can be used to track and manage royalties for music artists. For example, an NFT can represent a percentage of ownership in a song or album, and the holder of that NFT can receive a portion of the royalties generated from sales or streaming.

Musicians can use NFTs to release limited edition versions of their albums or tracks. Fans can purchase these NFTs, which give them access to exclusive content, such as bonus tracks, behind-the-scenes footage, or virtual meet-and-greets with the artist.

NFTs can be used to issue tickets for concerts or events. These NFTs can contain unique information, such as the date, time, and location of the event, and can be used to verify the authenticity of the ticket.

Musicians can use NFTs to create unique merchandise items that can only be purchased with the NFT. These items can include digital artwork, exclusive access to concerts or events, or physical merchandise like t-shirts or posters.

NFTs can be used to engage with fans by creating unique experiences or opportunities. For example, musicians can release NFTs that grant fans access to exclusive live performances, meet-and-greets, or backstage passes.