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What is Web 3?
Web3 is a new internet, one with no gatekeepers, intermediaries, or big companies who keep all the value for themselves
But that's not all…
Blockchains are free and open. A place where you can not get blocked or shut down. A place where YOU own your own assets, content, community and data and earn value from the value you bring (not Meta or Google!)
Benefits of Blockchain for Artists
Artists can sell their work directly to fans without intermediaries or algorithms, retaining a larger share of the profits, as well as creative freedom, encouraging new forms of artistic expression where any digital asset (music, photo, video etc) can be owned just like a physical item
Because blockchain assets (we call them digital collectibles or NFTs) can be owned and have a limited supply, fans become true collectors and investors in the artists they love
So if an artist breaks out, their fans and supporters will benefit too from owning limited edition digital items that can be traded just like their physical counterparts
Out of the (Music) Box Comp