Monthly music NFT sales worldwide 2020-2021

Sales of digital assets through blockchain grew to a size of tens of millions of U.S. dollars in early 2021, as several artists got involved in NFTs. One notable example from March 2021 is the NFT album release from Kings of Leon - the first of its kind from a signed artist - that lead to around two million U.S. dollars worth of sales. One of the potential draws for artists to give out an NFT is that they do not have to rely on a record label: The NFT creator could, for instance, set up the NFT to send a set percentage of any resale to the artist or another party involved such as owners and/or controllers of copyright. Another potential draw is that NFT allow for fan interaction or the creation of unique content in a time when artists are not always allowed to perform.