Tinie Tempah, the music artist behind Pass Out and Frisky, believes NFTs have the potential to disrupt exploitation in the music industry.
Speaking outside London auction house Bonhams today, Tinie Tempah said NFTs that allow artists to directly monetize their work offer creatives an attractive alternative to the traditional music industry he has compared to “modern-day slavery”.
“For me, the NFT was like this revolutionary, dynamic and disruptive new way to be able to showcase your work as an artist. And get compensated for it in the right way and the fair way too,” Tempah said, speaking on a panel at a launch event for Lobstars, an NFT collection by artist Philip Corbet.
“Obviously, being an artist who’s been through the music industry system, I’ve done pretty well, but traditionally the music industry rapes a lot of artists you know? It takes away a lot of their rights, their masters – the royalties,” he said.
“It’s terrible. It’s basically like modern-day slavery,” Tinie Tempha continued.
Tinie Tempah said he aims to educate other artists on how they can empower themselves through NFTs.
The musical entertainer, from East Lancashire, has previously signaled his support for NFTs by changing his Twitter display image to a Bored Ape Yacht Club image. Last year, Tinie Tempha joined French-Iranian artist Sassan Behnam-Bakhtiar for an NFT art residency.
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