Snoop and Country Singer Parker McCollum Have Something in Common: Respect for Music NFTs

It’s scary that most of the market’s digital currencies – including all of its most popular denominations – experienced double-digit-percentage declines in January, and February isn’t looking much better. I’m scared to even look at my Crypto.com or Coinbase accounts lately!

It seems, however, that the NFT market is taking over, and really signaling a paradigm shift in the music industry. Cryptocurrency holders are taking advantage of top NFT collections’ apparent increasing staying power amid the depressed crypto market. Bolstering that in the Hip Hop realm, Snoop Dogg, now the owner of the iconic Death Row Records has made some indication the label will venture into the NFT music space.

Parker McCollum – Photo credit Tyler Conrad

Another tastemaker artist that’s making their move in this space is rising country singer Parker McCollum, who was the first to launch a fan club membership NFT. But he didn’t just want to put a song on an NFT. He wanted to put an experience on one, and CurrencyWorks www.currencyworks.io, MusicFX’s platform developer has done just that for him.

Parker McCollum NFT

Cameron Chell, CEO of CurrencyWorks

Leading the charge on the tech side is the dynamic NFT platform, MusicFX www.musicfx.io, which is revolutionizing the music industry one experience at a time as an entirely new stage for music fan engagement, giving new meaning to social currency for artists and events. Some experts predict that NFTs will completely take over the music landscape this year. Pretty exciting stuff!

Listen to why folks are so excited about Parker McCollum:

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Tags: Cameron Chell, CurrencyWorks, Death Row Records, Music, MusicFX, NFT, Parker McCollum, Snoop Dogg

About the Author

Dr. Jerry Doby Editor-in-Chief of The Hype Magazine, Media and SEO Consultant, Journalist, Ph.D. and retired combat vet. 2023 recipient of The President's Lifetime Achievement Award. Partner at THM Media Group. Member of the U.S. Department of Arts and Culture, the United States Press Agency and ForbesBLK.