Week 17: Follow-up exercise 3 – Are NFTs the future of digital music or just crypto snobbery

In the future, NFTs could allow music media like concert videos, livestreams, interviews, and behind-the-scenes footage to be bought and sold as collectable items on the blockchain. 

At first, I thought it was actually good news that, just like music rights, the music media has financially valuable now. After all, all creators need money to keep creating. But then, I read some news about NFTs burning down a painting to sell an electronic collector’s edition. Suddenly I couldn’t figure out the point of electronic collector’s editions.