Whether or not to treat music NFT as an investment depends on who the target audience is.

If fans buy NFT, it is not an investment but a support. If a label buys NFTs, it is an investment, not a support.

I want music NFT to be a tool to connect artists and fans. I do not deny NFT including rights as an investment. I think it is necessary to escape from centralized rights management. However, if music NFTs become an investment, artists will have to conduct production activities in order to respond to the investment, which will choke them. As a result, good music will not be produced. Music production should be artist-driven, not investor-driven.

We believe that the most important thing for artists is music NFT, where fans can support artists.