![]() As a result, the artist can earn profits according to the value of the work, and can sustainably support the creative activities.Īfter purchasing the sound source, by promoting not only viewing but also secondary creation, there is a possibility that a new music market that transcends the boundaries between artists and listeners will be formed. However, “ABC RECORDS” adopts a mechanism in which when the purchased sound source is resold in the specified NFT market, a part of the amount is returned to the original artist as royalties by blockchain technology. Regardless of the music, under the current business model, even if the value or amount of the work increased due to resale, it was not returned to the original artist.
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