An NFT is a new smart contract block-chain asset technology. Amongst other things, It allows artists, musicians and content creators to sell their work as an exclusive digital asset that can be displayed & resold by the buyers. This revolutionary cryptographic tech is being integrated in many industries and ripe to cause disruption. Nft's are being compared to the invention of the internet & are being built on top of the Ethereum Block-chain. NFT stands for non-fungible token, existing on a blockchain it controls ownership over a digital property, often art or music. the value is set by the price people are willing to pay.
Here are some ways NTF's can be useful to the music industry