• Tue. Sep 28th, 2021

mccoy.ventures

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NFTs: Are they the future of the music industry?

Cooper Turley, a 25-year-old from Los Angeles, who handles crypto strategy at music streaming/sharing platform Audius, invested in NFTs from Grimes and Shinoda. He happens to be friends with Tim Kang, a 28-year-old software engineer who made his wealth in crypto-currency Ethereum. So far he’s spent $2m (£1.4m) on NFTs, including $333,333 (£235,000) on 3LAU’s multi-million dollar sale.