Music business news, analysed in brief by Music Ally's Stuart Dredge and Joe Sparrow. We're in a moment of intense hype around non-fungible tokens of all kinds, music included. Grimes sold $5.8m of her NFTs in 20 minutes last week, while Mike Shinoda recently made tens of thousands of dollars from a single NFT, including a new song. Now artist 3lau (aka Justin Blau) has set his own record: $11.6m of NFT sales. Joe and Stu discuss if this is another crypto bubble, and what the actual good uses of NFTs might be for artists.
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