Money 4 Nothing

NF(t) DOOM or How I Learned to Stop Worrying and Love the Blockchain

March 22, 2021

In the last month, the music world has gone positively gaga for NFT’s, the blockchain-based goods that (some say) promise to transform basic dynamics of the industry, bypassing major labels, reversing decades of artistic austerity, and basically doing everything short of reuniting the Beatles. We…aren’t so sure. Saxon and Sam dig into the phenomenon, trying to separate pump-and-dump tech-bro scams from the genuine potentials of technology. Are NFTs digital beanie babies? Almost certainly yes. Could the blockchain remake music forever? Also… yes. More importantly, some version of this future is coming. And if we don’t figure it out, Elon Musk wins.

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