The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

How NFTs Help Musicians Reconnect With Fans in the Post-Pandemic Space

by Mattias Tengblad
October 27, 2021
in HodlX
HodlX Guest Post  Submit Your Post
 

The Covid-19 pandemic was an unexpected, world-shaking threat to all of us. Suddenly we were forced to stay inside for weeks and ordered to cease all social interactions for the foreseeable future. While the pandemic was no fun for any of us, it certainly made the careers of artists a little more complicated.

As we know, music halls, venues and shows stopped. Tours were rescheduled for years later, and artists lost a significant revenue stream in the blink of an eye. Essentially, the pandemic pushed artists into finding new ways to build an income. Fortunately for them, NFTs or non-fungible tokens are a good opportunity.

NFTs are unique digital assets that can represent anything and enable new ways for fans and artists to interact in meaningful ways. These unique digital assets allow fans to show their dedication and ensure artists can offer one-of-a-kind experiences such as one-on-one live streams or exclusive events. What’s most important here is that artists are finding a way to reconnect with their fans despite the pandemic. Here are a few ways NFTs provide this luxury.

Direct support for independent artists

Aside from the other benefits, fans will be more willing to invest in independent artist NFTs because all funds go directly to the creator. Unlike in the traditional music scene where ticket sales benefit venues, publishers and record labels, NFTs provide new avenues for directly supporting your favorite independent artists and assisting them in remaining independent.

For artists signed to a record label, the ability to keep 100% of the proceeds may entice them to go independent in the long run.

Loyalty bonus

While supporting artists directly is the main benefit, NFTs can provide you with additional artist-specific benefits as well. For example, artists might provide NFT holders with exclusive discounts and events for their most hardcore fans. As the technology evolves and live shows resume, an NFT might even be your ticket to a VIP section during a live show once the world opens up again.

More than an autograph

Everyone loves an autograph from their idol. However, NFTs are the first technology to evolve the autograph. Now, you can invest in a unique piece of art created by a band or a singer.

NFTs are usable, as mentioned above, and long-lasting as well. A paper autograph can fade over time, leaving you with nothing but old, empty memorabilia. Your NFT will never fade, and it’s something you can pass down to your kids and share your favorite music experiences. It’s also a healthy post-pandemic replacement to the traditional autograph.

Eliminate piracy

For as long as music has been online, songs have been stolen. Piracy is a rampant issue in all art communities, but it hits musical artists the hardest. Bad actors are consistently stealing music for their use, and it’s near impossible to stop in the traditional online space.

If you have a favorite artist you’d like to support, NFTs are the way to do it. The licenses offered by NFTs are non-duplicable, and these assets are much harder to steal, thanks to the underlying blockchain technology. And after this pandemic, artists could undoubtedly use the security.

Digital merch

As decentralized applications grow and the metaverse expands into the mainstream, players customize their online appearances via avatars. Considering avatars are meant to express the player directly, artists who release digital merch via NFTs are sure to benefit.

After all, what fan wouldn’t invest in a digital representation of their favorite artist’s shirt, backpack or sticker?

Undoubtedly, NFTs are here to stay. As the world is pushed into a more digital future, one where celebrities and fans must find new ways to engage, the digital protection and utility offered by NFTs are too much to ignore.

NFTs provide artists with security while still allowing their creativity to shine through. Plus, with NFTs, fans have more ways to support their favorite artists than ever before.


Mattias Tengblad, founder and CEO of Corite. Mattias is an entrepreneur who spent over 20 years running cutting-edge gaming, music and media projects.

 
Check Latest Headlines on HodlX


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Kirk Andrew/Africa Studio

Submit a Press Release

Industry Announcements

  • Venom Foundation Achieves 150,000 TPS in Closed-Network Stress Test, Paving the Way for 2025 Mainnet Upgrade
    May 23, 2025
  • XDC Network’s XVC Tech Announces Investment in Laser Digital Carry Fund, Launches Institutional Fund Infrastructure With Libre
    May 22, 2025
  • Psy Develops First Trustless Bridge From Dogecoin to Solana
    May 22, 2025
  • Mantle and Republic Technologies Forge Strategic Partnership To Pioneer Institutional mETH Integration
    May 22, 2025
  • BTCC Exchange Appoints Dan Liu as CEO Ahead of 14th Anniversary Milestone
    May 21, 2025
  • Bitcoin Suisse Secures In-Principle Approval From ADGM’s Financial Services Regulatory Authority
    May 21, 2025
  • Beer 2.0 – The Memecoin That’s Brewing Something Bigger on Solana
    May 20, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,932.19
$108,932.19
0.05%
Ethereum
$2,553.33
$2,553.33
0.57%
BNB
$676.34
$676.34
1.35%
Solana
$177.04
$177.04
1.53%
XRP
$2.35
$2.35
0.35%

Spotlight

  • Bitcoin Cycle Peak Coming Next Year, Says Crypto Analyst Jason Pizzino – Here Are His Targets
    May 17, 2025
  • Here’s How Bitcoin Explodes To Up to $200,000 This Summer, According to BitMEX Founder Arthur Hayes
    May 17, 2025
  • Thousands of Customers’ Names, Addresses, Birthdays and Other Info Leaked in Cyber Attack on Retail Giant: Report
    May 17, 2025
  • Major Bank Handing $4,100,000 To Americans After Allegedly Hammering Thousands of People With Unwanted Phone Calls
    May 17, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl