Web3 is reshaping the music industry as platforms like Audius enable direct stablecoin payouts, offering artists more control over pricing and fan engagement.
Few industries have been as proactive as the music industry in exploring and adopting emerging technologies at the intersection of Web3 and culture.
From streaming and distribution to fan engagement and exclusive communities, the use cases for Web3 in music are plenty and only becoming more so.
One of the early pioneers at this intersection, Audius, a decentralized, community-owned, and artist-controlled music-sharing and streaming service, just announced that artists can now be directly paid for their content via stablecoin.