2022 is coming to an end. In the span of a year, Music NFTs have gone from a Twitter meme to an emerging market. While there’s still a long way to go before the sector sees any serious volume, let’s highlight some of the differentiators from the rest of the market:Accessibility - Most Music NFTs cost less than $50.Variety - There are 50-100 new songs dropping every week.Audience - Less than 1% of all music fans know Music NFTs exist.Put it together and we have the recipe to bring an entirely ...

2022 is coming to an end. In the span of a year, Music NFTs have gone from a Twitter meme to an emerging market. While there’s still a long way to go before the sector sees any serious volume, let’s highlight some of the differentiators from the rest of the market:Accessibility - Most Music NFTs cost less than $50.Variety - There are 50-100 new songs dropping every week.Audience - Less than 1% of all music fans know Music NFTs exist.Put it together and we have the recipe to bring an entirely ...

What I would consider the first official year of Music NFTs has come to an end. Despite the bottom of the bear market, I’m extremely optimistic for what 2023 holds in store. I’m looking at 2023 the same way I looked at DeFi in 2019. With all the hype gone and people thinking crypto was dead, the loyal few who remained created a new wave - DeFi Summer - which preceded the most recent bull market. To be clear - I don’t expect to see any major headwinds in web3 at large for at least another 1-2 ...

What I would consider the first official year of Music NFTs has come to an end. Despite the bottom of the bear market, I’m extremely optimistic for what 2023 holds in store. I’m looking at 2023 the same way I looked at DeFi in 2019. With all the hype gone and people thinking crypto was dead, the loyal few who remained created a new wave - DeFi Summer - which preceded the most recent bull market. To be clear - I don’t expect to see any major headwinds in web3 at large for at least another 1-2 ...

Free to listen. Valuable to collect. There was a lot of debate this week around Music NFT aggregators. In short - many artists were unaware that their music was automatically populating on aggregators like Oh La La, Spinamp and FutureTape. You can find the full 5 hour conversation here. There was a smaller conversation around compensation around these plays, but more importantly - the focus was that artists should always be in control of where their music is being distributed. Here’s my take....

Free to listen. Valuable to collect. There was a lot of debate this week around Music NFT aggregators. In short - many artists were unaware that their music was automatically populating on aggregators like Oh La La, Spinamp and FutureTape. You can find the full 5 hour conversation here. There was a smaller conversation around compensation around these plays, but more importantly - the focus was that artists should always be in control of where their music is being distributed. Here’s my take....

It’s crunch time for Music NFTs. The sector is going through a bit of a trough to kick off the new year. Generally - it feels like artists and collectors are wondering - what’s next? The concept has been proven. The playbooks have been run. Artists are seeing success and collectors and steadily growing. Still - the space is in search of that viral moment. And that will take some time. So instead, this week’s focus is on composability - the developments happening under the hood that carries th...

It’s crunch time for Music NFTs. The sector is going through a bit of a trough to kick off the new year. Generally - it feels like artists and collectors are wondering - what’s next? The concept has been proven. The playbooks have been run. Artists are seeing success and collectors and steadily growing. Still - the space is in search of that viral moment. And that will take some time. So instead, this week’s focus is on composability - the developments happening under the hood that carries th...

Grammy week here in LA. While we should be proud of what we’ve built with web3 music - we have a very long way to go. In its current form, web3 music is an interesting sandbox. Traditional players and aware of it, but it’s a very low priority. There’s a clear disconnect between the passion the industry has for top-charting hits on Spotify and the latest drops on Sound. This is why my biggest goal for this year is to focus on the music. Coop 💿 @Cooopahtroopa What's holding web3 music back? It...

Grammy week here in LA. While we should be proud of what we’ve built with web3 music - we have a very long way to go. In its current form, web3 music is an interesting sandbox. Traditional players and aware of it, but it’s a very low priority. There’s a clear disconnect between the passion the industry has for top-charting hits on Spotify and the latest drops on Sound. This is why my biggest goal for this year is to focus on the music. Coop 💿 @Cooopahtroopa What's holding web3 music back? It...

You fit the Criteria. Daniel & Reo teamed up to sell out 2500 editions on Sound - the largest of any drop on the platform to date. Daniel Allan @imdanielallan Fuck 290 5:50 PM • Dec 16, 2022 With activations across Sound, Bonfire, OnCyber, Spinamp and Arpeggi, the drop was hard to miss. This came with the announcement of two more raises - Bonfire and Decent - both of which shared their recent rounds. What it’s pointing to is a tipping point for the growing sector. It’s a running joke that Mus...

You fit the Criteria. Daniel & Reo teamed up to sell out 2500 editions on Sound - the largest of any drop on the platform to date. Daniel Allan @imdanielallan Fuck 290 5:50 PM • Dec 16, 2022 With activations across Sound, Bonfire, OnCyber, Spinamp and Arpeggi, the drop was hard to miss. This came with the announcement of two more raises - Bonfire and Decent - both of which shared their recent rounds. What it’s pointing to is a tipping point for the growing sector. It’s a running joke that Mus...

Curator rewards are here. Sound now allows curators to earn ETH when collectors mint using their referral link(s). And we’re testing it out with all the songs mentioned below! I’ve been vocal about my belief that collecting content is the key driver for the next bull market. Coop 💿 @Cooopahtroopa Culture drives society. It influences what we wear, what we buy and what we listen to. We’re entering a phase where you can invest in culture. Here's why collecting is the key unlock 98 6:27 PM • Fe...

Curator rewards are here. Sound now allows curators to earn ETH when collectors mint using their referral link(s). And we’re testing it out with all the songs mentioned below! I’ve been vocal about my belief that collecting content is the key driver for the next bull market. Coop 💿 @Cooopahtroopa Culture drives society. It influences what we wear, what we buy and what we listen to. We’re entering a phase where you can invest in culture. Here's why collecting is the key unlock 98 6:27 PM • Fe...

A new mint format is in town. Open editions rolled out on Sound this week, leading to a full roster of top-tier artists experimenting with time-based drops. Looking at the top open editions from this past week, we saw:Daniel Allan & Kevin George - 231 editions - 6.93 ETHRAC - Sohnar - 852 editions - 5.88 ETHMatt Chaim x Reo Cragun - 142 editions - 4.26 ETHThis comes alongside drops from Oshi, San Holo, LATASHÁ, Bloody White and Mija - all in the first batch of artists to experiment with open ...

A new mint format is in town. Open editions rolled out on Sound this week, leading to a full roster of top-tier artists experimenting with time-based drops. Looking at the top open editions from this past week, we saw:Daniel Allan & Kevin George - 231 editions - 6.93 ETHRAC - Sohnar - 852 editions - 5.88 ETHMatt Chaim x Reo Cragun - 142 editions - 4.26 ETHThis comes alongside drops from Oshi, San Holo, LATASHÁ, Bloody White and Mija - all in the first batch of artists to experiment with open ...

What do all the top artists in web3 have in common? They make collectors money. As we head into a major week at Art Basel - I’ve been wondering what the recipe for a breakout artist in web3 looks like. I don’t think it has to do with play count. With sold out shows. Or TikTok followers. What makes the artist “breakout” - specifically in web3 - is something much different from what exists today. This week - a collector named hemaaanth ran some quick numbers of Daniel Allan’s Music NFTs. Accord...

What do all the top artists in web3 have in common? They make collectors money. As we head into a major week at Art Basel - I’ve been wondering what the recipe for a breakout artist in web3 looks like. I don’t think it has to do with play count. With sold out shows. Or TikTok followers. What makes the artist “breakout” - specifically in web3 - is something much different from what exists today. This week - a collector named hemaaanth ran some quick numbers of Daniel Allan’s Music NFTs. Accord...

Headed back from Art Basel and one thing is clear. The Music NFT community is alive and well. Whether it was Zoratopia, WavWRLD or Campfire - there were dozens of pockets with artists, collectors and founders cementing the culture around web3 music. Community is the backbone which allows the rest of the market to thrive. As we head into what’s traditionally a slow month for the music industry, my intuition is its actually going to be quite the opposite for web3. Coop 💿 @Cooopahtroopa Biggest...

Headed back from Art Basel and one thing is clear. The Music NFT community is alive and well. Whether it was Zoratopia, WavWRLD or Campfire - there were dozens of pockets with artists, collectors and founders cementing the culture around web3 music. Community is the backbone which allows the rest of the market to thrive. As we head into what’s traditionally a slow month for the music industry, my intuition is its actually going to be quite the opposite for web3. Coop 💿 @Cooopahtroopa Biggest...

Open editions are coming to Sound. In a recent push for open editions in the wider NFT market - we’re about to experience a new playbook for Music NFTs. The pitch is simple - mint as many NFTs as you want during a fixed time interval. Want to prove that you were there first but not need to worry about missing the drop in the first second? Well this is your chance. While I don’t think open editions are the end all by all for collecting content - it’s a step in the right direction. And with som...

Open editions are coming to Sound. In a recent push for open editions in the wider NFT market - we’re about to experience a new playbook for Music NFTs. The pitch is simple - mint as many NFTs as you want during a fixed time interval. Want to prove that you were there first but not need to worry about missing the drop in the first second? Well this is your chance. While I don’t think open editions are the end all by all for collecting content - it’s a step in the right direction. And with som...

Who’s going to crack the code? We’ve come a long way - but we’re far from the finish line. The market is ready for a new chapter. Or at least I think it is. There’s a lot of conversation about open editions and 1/1s this week. Wherever you land, it feels like the Music NFT community is prone to see a new playbook in the weeks to come. Think about it. If you want to unlock collecting at scale - we need to build audiences. But the reality is, we’re all still learning what that means. It’s no su...

Who’s going to crack the code? We’ve come a long way - but we’re far from the finish line. The market is ready for a new chapter. Or at least I think it is. There’s a lot of conversation about open editions and 1/1s this week. Wherever you land, it feels like the Music NFT community is prone to see a new playbook in the weeks to come. Think about it. If you want to unlock collecting at scale - we need to build audiences. But the reality is, we’re all still learning what that means. It’s no su...