Music – the last bastion of art defined “FINE”
Contemporary music leapt into the air recently on the wings of NFT.
Almost overnight artists now have another avenue to monetize their art.
NFT provides similar opportunities to musicians as it does to visual artists. The real winners over the long term will be musicians who own their publishing. The Bob Dylan catalog recently sold for $300 million, and many more historic catalogs are entering the digital competition. Grimes, 3LAU, and Ozuna all recently had big NFT scores, with many more to come.
A question being asked lately is, is contemporary POP or Alt music fine art? A few still argue no, but the reality is that all music does have an intellectual component open to interpretation.
It contains tension and release, suspension and mood. Consequently, based on that definition it can qualify as fine art. Music also supports other fine art genres, and is unique in that it can be experienced simultaneously across a number of mediums.
Many live performances and even music videos are without question fine art, and they contain visual as well as aural components. NFT is turning the outdated FINE ART concept upside down.
Fine Art Music no longer has to be Classical. It also encompasses Rock, Alternative, Rap, Blues, and of course Jazz.
It’s all in the ear of the beholder.