# Onchain Music Gets Cheaper

**Published by:** [Invest in Music](https://paragraph.com/@investinmusic-2/)
**Published on:** 2024-03-15
**URL:** https://paragraph.com/@investinmusic-2/onchain-music-gets-cheaper

## Content

There’s never been a better time to be onchain. EIP 4844 went live - cutting gas costs by upwards of 80% on the main L2s where onchain music lives. Optimism announced the winner of their We <3 the Art competition - with prizes anywhere from ~$200K to $4K. Check out the full list of winners here! Drakula launched an onchain TikTok - driving $1M of volume in their first 24 hours of launch. Lastly - Stack launched their points chain - specifically designed for onchain loyalty programs. Put it all together and there are tons of new opportunities popping up for onchain creators. It’s hard to fathom how it all comes together but if one thing is for sure - great things happen when you put your music onchain.Invest in Music is sponsored by Coop Records - an onchain record label. Coop Records has released 150+ songs onchain with artists like 33 Below, Pluko and RIZ LA VIE. They collaborated on drops like ORIGINS, Faceless and Existential Dance Music. If you see a * next to a song - this means that there is overlap with Coop Records. To submit your project to Coop Records - email demos@cooprecords.xyz.Top Stories Base @base 𝗢𝗡𝗖𝗛𝗔𝗜𝗡 𝗗𝗔𝗜𝗟𝗬 Cheaper transactions make the world go round Lower gas fees are a critical step towards a new internet and a new economy, and with EIP-4844 live on Base gas is averaging 100x less than before Mint to see for yourself: mint.fun/base/0x273cA93… 1,607 7:24 PM • Mar 13, 2024 The update lowers gas fees on Superchain L2s - and up to 100x on Base! Optimism Announces We <3 the Art Winners The contest rewarded 47 musicians who minted their artwork across the Superchain. $ALEX Masmej @AlexMasmej Tick-Tock, TikTok's time is up! Introducing Drakula: an onchain app where everyone earns using social media. Trade social media creators Earn for doomscrolling Crossposted on @farcaster_xyz Live now! Linked next tweet: 148 7:14 PM • Mar 13, 2024 The new app is an onchain TikTok - powered by BLOOD tokens. Stack Launches Points Chain Stack launches a chain dedicated to onchain loyalty programs.Featured Content Invest in Music @invinmusic ‘We <3 the Art’ Music Winners 47 artists won prizes in @Optimism's 'We <3 the Art' contest. 300k OP (∼ $1.2M) are being distributed across four tiers, with each winner receiving at least 1K OP. Dive into each one of the Top 17 artists investinmusic.mirror.xyz ‘We 300k OP (∼ $1.2M) are being distributed across four tiers, with each winner receiving at least 1K OP. 16 6:05 PM • Mar 14, 2024 Invest in Music @invinmusic Need New Music? @pluko @Sara_JPhillips @sanholobeats @mialailani @rae_isla @anotherbearbear @kanshofficial @greymusic @cailinrusso @33_below @angelbaby @THANKYOURIZ @ayokay @AlexPaulMx Dive In sound.xyz/playlist/ff9b3… 25 12:04 PM • Feb 12, 2024 Invest in Music @invinmusic Ep 51 - @Optimism We <3 The Art Winners We're joined by @thepark and @roadtoaly x @bloodywhxte to chat about winning the grand prize of 50k OP in the largest online art competition. We unpack their submissions "becky v2" and "BLOODY BAG" along with their plans for the prize 22 3:09 PM • Mar 14, 2024 Invest in Music @invinmusic Who's onchain this week? @jigitz - you'll come back @cleareyesmusic_ x @vaarwellmusic - NOT AWAKE @dasha__music - Austin @jutesmusic - Carry Me @VividFeverDrms - UNSEEN - angelbaby (Vivid Fever Dreams REMIX) Check out our curated picks 11 12:20 PM • Mar 13, 2024 Invest in Music @invinmusic Artist Spotlight - Aly @roadtoaly is an artist, producer and singer based in LA. He recently won the top prize of 50k OP in the @Optimism We <3 The Art competition for his submission BLOODY Bag in partnership with @bloodywhxte. This marks the start of "Goodie Bags," on which 24 1:36 PM • Mar 12, 2024 Bonus Reads James Blake @jamesblake Been having some great conversations with like minds and I think I’ve landed on a nice solution. Announcement in 9 days James Blake @jamesblake If we want quality music somebody is gonna have to pay for it. Streaming services don’t pay properly, labels want a bigger cut than ever and just sit and wait for you to go viral, TikTok doesn’t pay properly, and touring is getting prohibitively expensive for most artists. 4,453 2:23 PM • Mar 11, 2024 Memory @MemoryProtocol ˚ੈ✩‧₊˚✧ Music Legos ✧˚₊‧✩˚ੈ + imagine a new music industry built on shared, open data. + imagine building together. + imagine music legos. blog ↓ 46 10:38 AM • Mar 14, 2024 Boombox Teaser Video David Greenstein @dgreenstein1 The process of releasing music is trending in the wrong direction. What playlists am I going to get on? How many tiktok videos do i need to make? Artists are spending more time marketing than making music. msft @msft_fml Writing Spotify pitch info for my new song 181 10:16 AM • Mar 11, 2024 IYK @iyk_app IYK @EthereumDenver ~ 50000 taps ~ 3000 completed quests ~ 4000 chipped goods ~ 2000 participants Thanks for playing [*] 112 10:00 AM • Mar 11, 2024 Dnda Times @DndaTimes Ye considers selling Vulture 2 & 3 digitally only on YEEZY.COM and not to release them on streaming platform 5,173 12:21 PM • Mar 10, 2024 Now Media @nowmedia EXCLUSIVE: @Optimism has revealed the top "We the Art" contest winners 1/1s: @shavonnewong_ @mitchellfchan Music: @thepark @roadtoaly AI: @pegasus_vfx @cammurdochmusic Generative: @0xShiroi @cyberjock11 We spoke to @binji_x, @earemu and a number of the artists to get all 458 11:35 AM • Mar 11, 2024 Jadyn Violet @jadynviolet Special announcement I am launching Only Fans this Friday This is not a joke I have spent weeks on this and it is finally time March 15th - Spread the word 57 2:29 PM • Mar 11, 2024 Zora Featured in TechcrunchBinji on Onchain Culture Li Jin @ljin18 threading a portion of my @BoysClubWorld keynote, which debuted yesterday during at /brandnew in Austin! -- There are two broadly paths that I’ve observed emerge for the future of consumer crypto: 158 1:19 PM • Mar 13, 2024 J. Valeska’s Zora Transaction Frame ⍛ jeremy @jzstern we're hiring a senior backend engineer to build music infrastructure @catalogworks DMs open 51 3:00 PM • Mar 7, 2024 Música W3 @Musica_W3 Buenos Aires Song Camp 2024 first collection is out on @ourZORA We share you the link below so you can collect it, and if you want a more detailed story, we also write an article on @viamirror for you. 34 3:44 PM • Mar 13, 2024 Domino △ @dominosmusic In the last month i have: Dropped the first of three EP’s that will make my album Dropped a collection on @soundxyz_ that when you collect, the song art evolves as the Spotify streams go up. Dropped my first generative art collection TIED TO THE ALBUM on @ProhibitionArt 33 3:26 PM • Mar 12, 2024 Collect the Invest in Music Pass and join the Collector Chat. Listen and Watch: Spinamp | YouTube Follow: Twitter | Instagram | TikTok | LensDisclaimer: The content of this announcement is published in the United States of America and persons who access it agree to do so in accordance with applicable US law. Coop Records Management LLC (“CRM”) is not a wallet provider, exchange, broker, financial institution, money services business, or creditor. The Invest in Music podcast, newsletter or other materials from CRM (collectively, “Content”) is for informational purposes only, and should not be construed as legal, tax, investment, financial or other advice. Nothing in this post or in any Content constitutes a solicitation, recommendation, endorsement, or offer by CRM or any third party service provider to buy or sell any securities or financial instruments or products. All Content is information of a general nature and does not address the circumstances of any particular individual or entity. CRM is not a fiduciary by virtue of any person’s use of or access to Content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of Content before making any decisions based on such Content. You should not treat any opinion expressed by Cooper Turley or others with respect to the Content as a specific inducement to make a particular NFT purchase or follow a particular strategy, but only as an expression of opinion. Before acting on information based on the Content, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own legal, tax, investment, financial or other advisors. CRM or its affiliates or clients may, directly or indirectly, have a financial interest in Content discussed.

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