It should be noted that nowadays no one is surprised by big transactions with NFT-tokens. For example, the day before one of the most popular Cryptopunks, number 5822, was sold for 8 thousand ethers, which is the equivalent of 23 million dollars. The reason for that is, among other things, the exceptional rarity of the NFT. After all, #5822 belongs to the sub-species of alien punk, and there are only nine such representatives.

Cryptopunk #5822

DJ Steve Aoki also reached out to the NFT niche, and did so in advance. As it has now become clear, the interaction with the unique tokens was very lucrative.

How NFTs help musicians

Apart from Aoki, the Gala Music event was also attended by digital artist BT, singer H.E.R., band Kings of Leon and DJ 3LAU. During the Q&A session, Aoki described himself as a “futurist”. He believes that NFT has huge potential to transform the music industry. That said, as the DJ pointed out, live performances currently give him about 95 per cent of his income.

If I wasn’t a DJ… I’d probably have to look for a proper job.

DJ Steve Aoki

So why have NFTs become such an attractive concept for musicians and artists? According to Decrypt’s sources, the unique content associated with a token can be resold very often, with there will always be a demand for it among loyal fans. From each resale, Aoki or any other musician can get their royalty – a predetermined percentage of the transaction fee.

In addition, regular investments in NFT are open to the musician. And so is everyone else.

Moreover, NFT-tokens have made more money for Aoki than releasing albums in the last decade. Here is the musician’s remark on the matter.

If you look into it in more detail, OK, I’ve been making music for the last 10 years. I’ve released six albums, but the income from that is less than my income from NFT in the last year. I’ve been more frustrated with my earnings from music alone.

So the star of the music world says directly that his interaction with unique NFTs brought him more money than his full-time job. And the tokens were times more profitable.

Aokiverse token sale page

According to Aoki, the NFT concept is very attractive because of the rapidly growing communities around unique tokens and their collections. This way, aspiring musicians can easily attract their first fans, as owning unique tokens is also economically beneficial. In addition, NFTs can be a great tool for established music brands, Aoki said.

The DJ cited the story of Korean pop group BTS as an example. Although he failed to mention that they faced criticism after announcing their own NFT collection.

As NFTs become an important part of musicians’ support and work, labels will have to do more than just add an artist’s new songs to an album.

Aokiverse token

Incidentally, Steve Aoki himself is the owner of several tokens from the popular Bored Ape Yacht Club (BAYC) series. He is now working on launching his own collection called Aokiverse based on the Solana platform. Owners of these unique tokens will presumably not only be able to resell their copies of the collection, but also receive bonuses as the most loyal members of the fan community.

DJ also didn’t forget to mention the rapid development of Web3, a new version of the Internet in which decentralisation will become the dominant force. In his opinion, big corporations would soon cease to solely own users’ content, and this right would finally pass to them.


We think comments like this from a world-renowned artist are worth a lot of money. After all, he earns quite a bit as he is a public person. But NFT tokens have made it possible to increase the DJ's income - and to do so significantly. And that's a strong argument for those who haven't yet had a chance to get involved with crypto and digital assets.

However, it is important not to forget that NFTs are a highly illiquid asset. In other words, if the HYIP goes through, the token owners may not be able to sell them. So you can't invest all of your money here either and bet on one thing at a time.


What do you think about it? Share your opinion in our millionaires’ cryptochat. There we will discuss other topics related to the blockchain and decentralisation industry.