You can monetize a no-copyright music channel on YouTube. However, there are certain conditions and requirements that must be met to be eligible for monetization. The following are the requirements for monetizing a YouTube channel:
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Comply with YouTube’s policies: To be eligible for monetization, your channel must comply with YouTube’s policies, including the community guidelines, advertiser-friendly content guidelines, and terms of service.
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Have a minimum of 1,000 subscribers: Your channel must have a minimum of 1,000 subscribers to be eligible for monetization.
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Have a minimum of 4,000 watch hours in the last 12 months: Your channel must have accumulated a minimum of 4,000 watch hours in the last 12 months to be eligible for monetization.
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Meet AdSense requirements: To be able to monetize your channel, you must have a valid AdSense account and meet the AdSense program policies.
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Have original content: Your channel must have original content that you have created or have the necessary rights to monetize. Using music without the proper rights to do so could result in copyright infringement and removal of your channel.
Once your channel meets these requirements, you can apply for monetization and start earning revenue from advertisements on your videos. It is important to note that YouTube reserves the right to disable monetization for any channel that violates its policies or terms of service.
Source: YouTube Help Center (https://support.google.com/youtube/answer/6342306)
