Do artists perceive blockchain as a new revenue opportunity? A | ResearchBunny

Index

Abstract

This study investigates Korean artists' perceptions of blockchain's potential to revolutionize the music industry by offering new revenue streams through disintermediation of the royalty distribution system and the Non-fungible Token (NFT) market. Based on social representation theory and interviews, the study reveals ambivalent perceptions – artists hope for new possibilities but also recognize the impracticality of immediate widespread blockchain adoption. The study offers implications for the sustainable implementation of blockchain technology in the music industry.

Publisher

Humanities and Social Sciences Communications

Published On

Jan 24, 2024

Authors

Yujun Park, Seongcheol Kim

Related Publications

Explore these studies to deepen your understanding of the subject.

Education

Thai Menschenbild: A Study of Chinese, Thai, and International Students in a Private Thai University as measured by the National Survey of Student Engagement (NSSE)

T. Waters and M. J. Day

Political Science

The portrayal of Pakistan as whited sepulture against the Taliban: a case study of American media

A. Khurshid

Economics

Economic impact of ACES trends on the automotive value chain: a forecast exploratory study of the Chinese automotive industry in 2030

Y. Chen and D. Zhu

Psychology

Do perceived control and time orientation mediate the effect of early life adversity on reproductive behaviour and health status? Insights from the European Value Study and the European Social Survey

B. C. Farkas, V. Chambon, et al.

Listen, Learn & Level Up

Over 10,000 hours of research content in 25+ fields, available in 12+ languages.

No more digging through PDFs—just hit play and absorb the world's latest research in your language, on your time.

listen to research audio papers with researchbunny