38 days ago • Posted by Martin Boujol
Live Nation to turn concert "magic moments" into NFTs
The NFT mania is expanding to the music industry. Recently, Live Nation's CEO said that the company would branch out into NFTs. Much like NBA Top Shot, the company will propose top moments in the form of NFTs to be traded on platforms like OpenSea, as well as concert tickets in the form of NFTs. Such as ticket will be sellable on the secondary market, but could be made so that the price does not exceed a certain threshold to avoid ridiculous prices as well as make sure that part of the profit goes back to the artist or concert venue.