SXSW 2022

The Rise of NFTs and Digital Assets in Music

Description:

This panel discusses how the rise of NFTs and digital assets affect the music industry. Blockchain, smart contracts, and tokenization are not a fad anymore; they are a part of a maturing market and digital assets offer creators new ways to monetize and distribute their creative work. For creators in the music industry, blockchain offers a secure platform for their works, and a new framework to monetize and engage their audiences with digital assets and collectibles.

The panel addresses the questions: Are Digital Assets & Smart Contract Technology A Fad?, How Will NFTs Impact Direct-to-Consumer Fan Engagement?, and How Will Creative IP Management, the Ownership Economy, & Fractional Rights Ownership Shape the Music Industry?


Related Media

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Takeaways

  1. What started as a fad is now a maturing market enabling creators to safely store copyright metadata, rights, & digital transactions in the music biz.
  2. NFTs have sparked resurgence in direct artist-to-fan engagement with unique collectables, content & new mediums for direct-to-consumer fan engagement.
  3. Blockchain’s decentralized finance disruption & the digitalization of music is leading to more real time, liquid, accessible, & composable payments.

Speakers


Organizer

Leila Grossman, Publicist, Rock Paper Scissors


Meta Information:

  • Event: SXSW
  • Format: Panel
  • Track: Future of Music
  • Track 2 Tech Industry
  • Level: Intermediate


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