The article discusses how tokenizing music catalogs using blockchain technology can revolutionize funding for independent artists. By transforming songs into digital assets, artists can receive immediate payment and share revenue with fans. The process simplifies accounting through smart contracts, enabling artists to bypass traditional industry barriers and establish direct relationships with their audience.
Indie artists today face immense digital competition. A smarter marketing funnel using AI and Web3 monetization enhances audience engagement and direct income. Tools like Feature.fm, Zapier, EmailOctopus, Audius, and Sound.xyz enable effective fan discovery, relationship building, and monetization. This new model empowers artists, fosters direct fan interactions, and supports sustainable careers.
DAO-based music communities are revolutionizing fan engagement, empowering artists and fans to collaborate through decentralized governance. This model allows for shared decision-making and profit-sharing, enabling indie musicians to maintain control over their art while fostering deeper connections with supporters. Each participant plays a crucial role in shaping the community’s creative direction and financial success.