The recent crash has had a significant impact on all aspects of cryptocurrency, including the world of NFTs. Most NFT floor prices have fallen by almost 80% during the last three months. Nonetheless, in the midst of the chaos, artists are searching for innovative ways to use non-fungible tokens. Let’s look at three examples: revenue rights, digital passes and VIP membership, and NFT-based charity efforts.
Source: 3 Music NFT Initiatives That Are Aiding Market Recovery | HackerNoon