In generating over eleven million dollars and a lawsuit, the legal implications of American DJ, 3LAU’s, record-setting Non-Fungible Token (NFT) auction in 2021 have yet to be fully understood by the music industry. DJ 3LAU, or Justin Blau, is one of many artists convinced that NFTs are the catalyst to transforming the status quo of the industry’s business model. For Grammy-nominated DJ Steve Aoki, NFTs offer new expansive connections as Aoki communicates, and even collaborates with, fans through NFTs’ digital realms.
This post was originally published on the Cardozo Arts & Entertainment Law Journal website on November 14, 2023. The original post can be accessed via the Archived Link button above.
Casey, Sara, "DJs, IP, and NFTs, Oh My!: A Closer Look at the Changing Music Industry Landscape of Today" (2023). AELJ Blog. 371.