Steve Aoki has made more money with non-fungible tokens (NFTs) than in his 10-year music career.
thI Renowned EDM DJ has been one of the biggest advocates of NFTs over the past 12 months,
In April 2021, for example, Aoki’s . sale of NFT The Dream Catcher art collection brought in over $4 million. Former T-Mobile boss John Legere spent $888,888 for a job.
“But if I really wanted to break it, in 10 years I’ve been making music… six albums, and you [combine] All those advances. What I did in a drop in NFTs last year, I made more money, ”Aoki told a private event in California.
They claim royalties are minimal nowadays, with 95% of their income coming from live gigs.
Steve Aoki: NFT will change the music industry
Aoki called himself a “visionary”. He said he believed NFT will really change the music industry. He says that one of the reasons why NFTs are so exciting is that they depend on the communities that create and support them.
For Aoki, this is a great thing, as many musicians have a large and passionate following.
“With musical NFTs becoming an integral part of how we engage and support artists, the label will need to offer more than just music,” he said.
For DJs, Web 3.0 is synonymous with ownership, and that includes ownership of your data. He said that as technology improves in the future, the days of collecting user data on Facebook and Instagram will be over. And that the Internet will become something that empowers users.
Last month, Aoki interrupted one of his sets, taking out his phone to show a picture of a pink NFT alien that cost him around 270 ETH.
In Videowhich he posted on Twitter, telling the crowd: “Look at this little gorgeous alien. I had to stop the music because I’m so excited. NFTs make me feel like a kid again!”
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