Steve Aoki said royalties from his music in the past decade don’t even compare to the money he made from selling digital collectibles known as nonfungible tokens (NFTs).
Aoki, a musician and one of the highest-paid DJs globally spoke about his involvement in the digital space at a private Gala Music event on February 10 in Inglewood, California, according to a report by Decrypt. In the event, Aoki said that his performance as a DJ makes up the majority of his earnings. But, music royalties from his recording don’t “amount to very much.”
“If I was to really break down, OK in the 10 years I’ve been making music, six albums, and you culminate all those advances, what I did in one drop last year in NFTs I made more money,” he said.
Meanwhile, in the NFT space, Aoki is famous for selling his “hairy” collectibles for $888,888.88 on Nifty Gateway last year — one of the most expensive digital pieces of art sold to date. He also owns several NFTs from the iconic Bored Ape Yacht Club collection, Decrypt reported.