How NFTs Could Be Closing the Income Gap in the Chinese Music Industry

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How NFTs Could Be Closing the Income Gap in the Chinese Music Industry

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Hong Kong-based singer-songwriter Hanjin Tan, the first musician to launch a Chinese music non-fungible token (NFT), discusses the role of NFTs as a potential lifeline in helping close the income gap among struggling musicians in China and other parts of Asia. "70% of professional musicians make $0 from music distribution... that's totally unacceptable," Tan said. "NFTs could be the answer."

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