Web3 Watch: Study finds musical artists hold mixed views on blockchain use

Researchers at Korea University in Seoul conducted interviews with 16 Korean musical artists to gauge sentiments toward the use cases for blockchain in the music industry. 

The study, published in a subsidiary of Nature, reported mixed results: The artists thought of blockchain as a possible new route for revenue generation but doubted blockchain-enabled applications would become reality.

Interviewees believed that blockchain applications for the music industry could better their financial prospects and help protect copyright. Skepticism stemmed from a general belief that blockchain music startups would lack the heft to unseat the current behemoths in the music industry. 

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