[evergrande]

That's a Twitter level of undertstanding.

Did you know not all NFTs are just a hyperlink to an image?

Did you know that NFTs can give a % of every sale to the original artist in perpetuity? Without relying on a company that can deplatform you or change the rules at any time. Imagine this use case with other things too, like music. On web2 music artists only get 18% of the revenue. Spotify gets 33%. The music industry takes 49%. Web3 flips the script. Artists get 95%, the rest are fees.

Did you know that NFTs have other use cases than art? e.g. https://ens.domains

Did you know that technologies tend to get more efficient over time? Did you know many NFTs are on Solana which is already energy efficient? Ethereum is slated to be there next summer. <insert delay joke here>

[Gigachad]

There is nothing that stops artists selling music directly and getting close to 100% profit. You don't need blockchains or "web3". The thing is that labels and spotify actually provide a valuable service that artists mostly choose to use.

People constantly devalue the real work that these "middlemen" are doing, pretending that the artist is doing it all. The label provides marketing, mixing, advice, etc which all boost the final profits of the music. Spotify provides technology, marketing, consumers, billing, distribution, etc which all boost the reach of the music.

But there is nothing stopping you from making music with no label, and putting it on bandcamp to sell directly.