Web3 has grow to be one of many hottest buzzwords within the music business, with everybody from indie musicians to main label artists dropping non-fungible token (NFT) collections and begin gigs within the metaverse. However for a lot of, the true use instances and potential of those applied sciences stay shrouded in thriller and confusion.

On Could 6, Water & Music held its first Wavelengths Summit, a one-day occasion bringing collectively musicians, business executives, artist managers, researchers and technologists to discover the reducing fringe of music know-how and democratizing entry to info. On this system, discussions on blockchain-based communities, rising affect of synthetic intelligence in regards to the music business and the way forward for artists’ sources of revenue.

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