How Music NFTs Can Help Reduce Unjustified Copyright Strike Claims
Any content creator who has been around on the internet for a while, be it a YouTuber or a streamer, is fully aware of the absolute nightmare it is to use music in their content. Whether they’re playing background music while they’re gaming, or adding depth and emotion to their video, one thing is for certain — a copyright strike is almost imminent.
These copyright strikes are often triggered by algorithms, most of the time cannot define the context in which they are used. As a result, they indiscriminately file a report on said video or individual; resulting in demonetization at best, and a ban at worst. This is currently one of the biggest banes of content creators worldwide, and progress towards a more sensible system is rather slow.
This is because the laws that we have today surrounding copyright and fair use are outdated, and since modern technology wasn’t taken into consideration upon their conception, are obsolete and problematic in today’s context. However, this doesn’t stop platforms and their respective algorithms and measures from enforcing strict content policies, as none of them wish to be the subject of a lawsuit from record labels and publishers.
The Solution? NFTs
The flexibility of NFTs allows them to convey various rights and privileges that are easy to access and identify thanks to the open nature of popular NFT blockchains. This immutable and non-fungible specificity that comes with each token can allow music owners to easily and clearly distribute their works and the rights that come with each NFT, and in turn, can allow creators to use them without the fear of wrongful repercussions.
The algorithms on the other hand can be programmed to access the blockchain, and by cross referencing NFTs and content creators’ wallets and their videos, can narrow their targets and ultimately avoid wrongful accusations towards innocent creators.
NFTs can take this a step further and make it such that only viewers who own a copy of the NFTs featured in the video can experience the material — completely removing the need of algorithms. This sort of system, if adopted on a wide enough basis, can result in a lucrative NFT lending market where owners can lend their NFTs to users for various content-related purposes.
Where Else Besides MozikNFT?
This is why MozikNFT has established itself at such an early stage, as it can become the go-to music and audio NFT marketplace to facilitate such trades and enable solutions to everyday problems like false copyright strikes. Users can already freely trade on the platform, but MozikNFT can scale and adapt according to the needs of the market, and if one thing is certain, there is a dire need of NFTs in the music space.
It may take a while to see these changes take place in the system, but the principles of adoption tell us that if the underlying technology offers a significant advantage in a competitive market, then mass adoption is inevitable — and just a matter of when.
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