According to Michael Lau via CoinDesk, blockchain and Web3 technologies are driving innovation in the music and creative sectors by empowering artists and founders with decentralized financial models and NFT trading platforms (source: @CoinDesk, May 14, 2025). These advancements are fueling increased trading volume in music-focused crypto tokens, NFT marketplaces, and related altcoins, as artists leverage tokenized assets to monetize their work directly. Traders should monitor emerging Web3 music platforms and creative industry crypto projects for volatility and potential price surges linked to NFT adoption and blockchain integration (source: @CoinDesk).