Here to change the way that artists and fans interact forever, cryptocurrencies and blockchain technologies are on tour in the music industry – from digital ticketing to distribution, NFTs are taking over. Let’s take a close look at the top four NFT platforms fronting the way: Centaurify, MusicArt, and Meteora. Centaurify Centaurify is a music NFT universe that helps music lovers connect with their favorite musicians on a new level, through NFT ticketing, live events, and official merchandise. Centaurify aims to revolutionize the music industry by taking control from scalpers, while giving it back to artists through the power of blockchain technology. Today, scalped tickets go for massively inflated prices, with very little of their original sale going to performers. With the live event market expected to 10x by 2025, a massive amount of resources are being stolen from those who really deserve them. Centaurify is fighting back with tokenized tickets that are specially developed to prevent scalping by providing full transparency, thus empowering artists. Another hugely important element is the official merchandise musicians produce, an essential component of artist-fan relationship building. While fans are able to collect cool mementos of concerts they attended or artists they support, musicians gain another revenue stream that allows them to continue producing their art. As a fan, it is important to wear the logo or symbol of ...
