NFT stands for Non-fungible Token which are stored on blockchain as digital tokens

containing certificates of the ownership of items, such as music. The key difference between

purchasing tracks on conventional streaming platform and music NFT are of ownership

related. For instance purchasing music conventionally will only provide rights to listen to the tracks, while purchasing music NFT will give ownership of the track itself,in turn the ability to sell or trade music NFT tokens on public marketplaces. And furthermore every time the purchased music NFT is sold again, the creator of the tracks gets royalties for all future sales.

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