NFTs, or Non-Fungible Tokens, are something of an oddity in the modern world of cryptocurrency.

Photo by Good Faces on Unsplash

As the average prices of NFT sales have driven up exponentially over the past year, according to nonfungible.com, so has its appeal to musicians and producers. As the rate of NFT sales multiplies, it seems more likely that they will greatly affect the music industry for fans and artists alike. 

As previously stated, NFT stands for ‘Non-Fungible Token.’ This means that the token is completely one-of-a-kind. […]