Streaming Sucks for Musicians | NFTs and Classical Music #1

The first in a series on NFTs and Classical Music, and how we will be using them with Wagner's Nightmare.
Our thesis: NFTs are the future of the recording industry, and musicians stand to make more money from NFTs than streaming. This is because NFTs introduce scarcity into the digital market place, decentralize distribution so that a handful of major streaming platforms do not have all the leverage over millions of un-organized musicians, and NFTs also solve some of the problems that consumers have with buying digital downloads, CDs, and Vinyl.
References
[1] How Much Does Spotify Pay Per Stream? Streaming Payouts Comparison [2021]. freeyourmusic..... Free Your Music. 1 June, 2021. Web. Accessed 17 December, 2021.
[2] Graziano, Dan. NFL CBA approved: What players get in new deal, how expanded playoffs and schedule will work. www.espn.com/n.... ESPN. 15 March, 2020. Web. Accessed 17 December, 2021.
[3] Gough, Christina. NBA and WNBA Annual Salaries as Share of League Revenue in 2020. www.statista.c.... Statista. 14 October, 2021. Web. Accessed 17 December, 2021
Additional resources for learning about NFTs and Blockchains:
NFTs for Newbies (excellent podcast!): podcasts.apple...
Ledger Academy: www.ledger.com...
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Check out our website to learn more about the project, listen to recordings, watch videos, read essays, and listen to our podcast.
📲 WEBSITE - www.wagnersnig...
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Wagner’s Nightmare is a cultural exploration and recording project led by Daniel Orsen (violist) and Pierre-Nicolas Colombat (pianist).
Daniel’s website: www.danielorse...
Pierre-Nicolas’s website: pierrenicolasco...
Branding and design: beckandstone.com/

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