Today, a few key players dominate the music industry. These key players include centralized platforms and major record labels. Because of this, new music artists make little to no income when pursuing their dreams. Now, I'm sure you've heard of platforms paying fractions of a cent per stream to artists.
Also, how about budding artists facing all sorts of exploitation from record labels? All these actions harm the industry by deterring new artists from entering the scene. It simply isn't viable for them to create the music they love. However, some projects have come together to try and solve these problems. Now, let's look at 3 Web3 music projects trying to grow the music space.