Musicians have been making millions of dollars in recent weeks for auctioning off their music in the form of an NFT (Non-Fungible Token). Grimes made nearly $6 million in 20 minutes doing it, EDM artist 3lau has made more than $11 million and Kings of Leon just released a full album as an NFT. 

Chase Danzig joins this episode to fill us in on how NFTs work. He runs a YouTube channel called “The Bitcoin Express," and recently released a video titled, “How NFT Will Take Over the Music Industry.”

Support the show: https://www.kexp.org/sound/

See omnystudio.com/listener for privacy information.