The Musician that Sold 50% of His Album Royalties Via NFTs

The Musician that Sold 50% of His Album Royalties Via NFTs

On the seldom occasion that the media covers NFT creators, it’s usually either because they’re surprisingly young (like Benyamin ) or because they’ve made absurd amounts of money (like Beeple ). If you’re not plugged into the NFT community, you’d think that being an NFT creator was all or nothing. Either you get uber-wealthy or don’t sell a thing. There’s no middle ground.

But this overlooks the hundreds of creators who have made respectable (and still life-changing) money from their NFT creations. Generally speaking, there’s a lot more that can be learned from an NFT creator who has found a way to make five or six figures from their work. These are the case studies that can actually change people’s lives.

Take Daniel Allan , for example.

Back in September 2021, we created a case study on Daniel Allan (which you can view here at the 9-minute mark of the video). At the time, Daniel was a pioneer of Music NFTs – selling 50% of his next album’s royalties in the form of NFTs. He successfully raised 50 ETH and was able to crowdfund his career through a platform called Mirror.

Four months later, Daniel has not slowed up at all – completing his album, auctioning off the singles as NFTs, and selling exclusive editions of the album. We discuss exactly what he’s done in the video below:

Grassroots creators like Daniel are the case studies that need to be shared more. There are thousands of musicians like Daniel who aren’t at the top of the Billboard Charts, who don’t have a million followers, but create great art that an audience will support.

Daniel is the epitome of what happens when you have talent, knowledge of NFTs, and the willingness to connect with other future-thinkers in the space. He’s the best case study we have of a creator using NFTs, DAOs, and various web3 services to entirely fund their career.

If you’re looking to use NFTs and web3 communities to build or grow your artistic career, Daniel Allan is the guy you should look at. We talk frequently about how NFT creators can build and sustain momentum , but there’s no one better to learn this from than Daniel.

For more information on the topics discussed in this newsletter, head over to https://NFTQT.com

Also, The NFT Handbook is available now grab your copy here: https://amzn.to/3HIJY6O

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