Steve Aoki zarađuje više od NFT-ova nego od svoje glazbene karijere
Datum: 15.01.2024
At a Gala Event in California in February 2022, Steve Aoki shared how non-fungible tokens (NFTs) have risen in popularity due to their dependence on supportive communities. Moreover, NFTs offer artists and musicians a unique opportunity to sell their works directly to their fans, bypassing third-party publishers and distributors. The music industry is seeing a significant increase in celebrity participation in NFTs, with stars like Diplo, 3LAU, Grimes, Tory Lanez, Post Malone, and Steve Aoki achieving success through their NFT sales. This Criptochipy review explores Aoki’s claim that his earnings from NFTs in one year surpassed his income from a decade of DJ-ing.

The Musician Claims He Makes More from NFTs than in the Music Industry

Steve Aoki, a prominent DJ, musician, and producer, is a strong advocate for NFTs. During his February 10th, 2022 speech at a gala event in Inglewood, California, Aoki stated that his NFT earnings in the previous year exceeded the total income from his 10-year music career.

Aoki explained that most of his music industry income comes from live performances, which constitute 95% of his earnings. He emphasized that while advances help artists, royalties often yield minimal returns. With NFTs now a multi-billion-dollar market, Aoki suggested that if he ever quit music, he knew what his next career path would be.

Immense Growth of Non-Fungible Tokens

Aoki attributed the rapid growth of NFTs to their reliance on crypto communities that actively support them. NFTs allow musicians to sell their work directly to fans, eliminating intermediaries like publishers and distributors who often exploit artists.

Many musicians, including Aoki, believe NFTs will revolutionize the music industry by reducing its dependence on traditional record label contracts. This transformation could empower artists, giving them more control over their creations.

The Contribution of Steve Aoki to NFT Development

Since March 2021, Aoki has been active in the NFT space. His first NFT collection, released on Nifty Gateway, featured animations paired with his signature electro-house sound, generating over $4 million. A notable sale included former T-Mobile executive John Legere purchasing a single NFT for $888,888.88.

In January 2022, Aoki launched A0K1VERSE, an NFT-based membership community built on the Ethereum blockchain. This platform bridges real-world experiences with web2 and web3 by rewarding NFT collectors and creating exclusive experiences for members.

Aoki is not only a creator but also a collector of NFTs, owning several from the Bored Ape Yacht Club (BAYC) and other collections on Solana’s NFT marketplace.

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