DJ Steve Aoki has indicated that royalties from his music are nothing compared to the money he would make from selling digital collectibles known as NFTs in 2021. On February 10, the artist talked about his venture into NFTs at a private Gala Music event in Inglewood, California. He said that he gets a lot of money as a DJ and mentioned:
“If I were to actually break it down, alright, in the ten years I’ve been doing music, six albums, and you total all those advances, what I did last year in one drop in NFTs, I earned more money.”
Last year, Steve acquired notoriety in the community after selling his hairy collection for $888,888.88 on Nifty Gateway. He also has several NFTs from the Bored Ape Yacht Club collection. Aoki said in a video clip from the event that NFTs are digital works of art tied to blockchain technology that is altering the music business by incorporating scarcity and a collector attitude comparable to Pokémon cards or limited-edition sneakers. According to Insider, NFTs can upend the music business and provide artists with a potential revenue stream that outweighs the marginal income from streaming services. On the forum, Aoki stated:
“As music NFTs grow more prevalent in how we incorporate and support artists, labels will be required to do more than just include the song on a playlist.”
Steve Aoki’s net worth
Steve Aoki is an internationally recognized DJ, producer, music programmer, and record executive. From 2012 tours, he was named the highest-grossing electronic dance music artist in North America by Pollstar. As of September 2023, The 44-year-net old’s worth is over $120 million by CelebrityNetWorth. He has amassed a sizable fortune through his work as a DJ and record producer in the music business. Tiernan Cowling, Aoki’s wife, and Aoki reside in Henderson, Nevada. During the global financial crisis and real estate market crash in 2008, the 16,000-square-foot house was constructed.
The property had been on the market for $12 million and was auctioned off in 2014. Aoki paid cash for the property for less than $3 million. The artist subsequently spent millions of dollars in recent years converting the home into his dreams’ technologically advanced and contemporary environment, dubbing it fittingly Aoki’s Playhouse.
More information about Steve Aoki’s work
Steve Aoki has worked with various musicians, including Afrojack, Linkin Park, Backstreet Boys, and many more. He is also well-known for remixing tracks by famous singers like Kid Cudi. Many of his albums have charted on Billboard, including Wonderland, which was nominated for a Grammy Award for Best Dance/Electronica Album in 2013.
