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Decentralized Music Streaming Platform Advocates Cryptocurrency for Digital Music Royalties

Yiran Dai

Summary: OPUS, a blockchain-powered music sharing platform, released a survey that advocated blockchain-based royalty payments to support songwriters, especially small artists.

OPUS, a blockchain-powered music sharing platform, released a survey that advocated blockchain-based royalty payments to support songwriters, especially small artists.

OPUS stated that junior musicians often made fewer earnings than they deserved from conventional platforms. According to CoinTelegraph, decentralized platforms employing the blockchain technology can help bring more royalties to the artists and diversify their portfolios.

By Yiran Dai

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